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Law, Accounting & Taxes

State comptroller report spotlights signs of “rebound” in CNY economy

SYRACUSE — A “wealth” of locally educated young adults, a “technically experienced” workforce, and a “relatively low” cost of living have the Central New York economy “starting to rebound” from the Great Recession. At the same time, poverty, unemployment rates above the statewide average, and the loss of some large employers still hamper “many communities.”

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Pathfinder Bancorp net income dips slightly in Q3

OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), holding company for Pathfinder Bank, recently reported third-quarter net income of $820,000, down nearly 4 percent from $852,000 in the year-earlier period. Pathfinder’s earnings per share was 20 cents for both the third quarter of 2016 and third quarter of 2015. The Oswego–based banking company’s revenue (net interest

Citizens Bank executive named to Clarkson University Board of Trustees

POTSDAM — Lauretta M. Chrys, executive VP and head of strategic onboarding for the Consumer Banking Division at Citizens Bank, has been elected to the Clarkson University Board of Trustees. She will serve on the audit and finance and budget committees, the university said in a news release. Based in Albany, Chrys provides strategic leadership

Money names KeyBank “best” for startups

The magazine Money has named KeyBank the “Best Bank for Startups” in its 2016-17 list of best banks. KeyBank, which is a major player in the Central New York banking market, won the honor in recognition of its business-reward checking, a non-interest-bearing account that rewards clients with exclusive discounts on products and services, the banking company said

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