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Chemung Financial shareholders re-elect five board members
ELMIRA, N.Y. — Chemung Financial Corp. (NASDAQ: CHMG), the holding company of Chemung Canal Trust Company and CFS Group, Inc., announced that its shareholders recently
DiNapoli: City of Syracuse not ‘fiscally stressed’
SYRACUSE — The fiscal-stress monitoring system of New York State Comptroller Thomas DiNapoli has determined that the City of Syracuse isn’t considered “fiscally stressed,” based on its financial performance in 2015. That’s according to a news release that the office of Syracuse Mayor Stephanie Miner issued May 9. It is the third straight year that
Gillibrand calls on HUD to designate Utica as federal promise zone
UTICA — The city of Utica should be a federal “promise zone,” U.S. Senator Kirsten Gillibrand contends. She wants the U.S. Department of Housing and Urban Development (HUD) to designate Utica as such, according to a news release her office issued May 2. The designation would provide federal support to programs that focus on creating
Carrols Restaurant Group earns more than $2 million in Q1
SYRACUSE — Carrols Restaurant Group, Inc. (NASDAQ: TAST), the world’s largest Burger King franchisee, earned $2.1 million, or 5 cents a share, during the first quarter of 2016. That’s a big improvement from a net loss of $9.3 million, or 27 cents a share, in the prior-year period, Syracuse–based Carrols reported on May 10. The company’s
Managing millennials in the workplace
SYRACUSE — Millennial employees are “high energy” and provide “many diverse viewpoints and ideas,” says Adam Marinelli, professional-development coordinator at Terakeet. The firm describes itself as a company focused on “engagement marketing technologies,” located at 318 S. Clinton St. in the Neal & Hyde Building in Syracuse’s Armory Square. Terakeet’s clients include Atlanta–based Coca-Cola Company
Tully Rinckey PLLC announced that KATHRYN A. DONNELLY, an attorney with extensive military law and litigation experience, has joined the firm as an associate. She will concentrate her practice on military law, regularly handling cases involving Article 15s, letters of reprimand, court martials, and officer/enlisted separation proceedings. Prior to joining Tully Rinckey, Donnelly most recently
BALDWINSVILLE — Attorney Rebecca M. Speno has opened her own law office at 136 E. Genesee St., Suite 2, in the village of Baldwinsville. Speno was previously an attorney at Bond, Schoeneck & King, PLLC in Syracuse. She tells CNYBJ that she decided to start her own law firm primarily because “in my field of
EBRI: New hires continue to favor target-date funds for 401(k)s
Interest in target-date and other types of balanced funds remained “strong” through 2014, with younger plan participants more likely to hold target-date funds than older participants. That’s according to a new joint study that the Employee Benefit Research Institute (EBRI) and the Investment Company Institute (ICI) — both based in Washington, D.C. — released April
Chemung Canal Trust CEO Bentley to retire at year’s-end, COO Tomson to succeed him
ELMIRA, N.Y. — Ronald Bentley, CEO of Chemung Canal Trust Company and Chemung Financial Corp. (NASDAQ: CHMG), plans to retire on Dec. 31. Upon his
People news: Generations Bank hires Ledgerwood as business development officer
SENECA FALLS, N.Y. — Generations Bank announced it has hired Larry Ledgerwood as assistant VP and business development officer at its Seneca Falls headquarters. Ledgerwood
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