Get our email updates
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
What's New
Upcoming Events
CNYBJ Job Board
Law, Accounting & Taxes
Visions FCU partners with Glen Wood Financial Group
ENDICOTT — Visions Federal Credit Union, headquartered in Endwell, recently announced a partnership with The Glen Wood Financial Group, Inc. in Binghamton, which is led by Glen Wood, president. Wood will provide Visions clients with financial advice. Visions contends that the synergies between these two LPL Financial broker-dealer platform groups will help the credit union […]
First Niagara CEO Crosby, two others named to KeyCorp board
Acquisition expected to close in Q3 KeyCorp (NYSE: KEY) on April 22 announced that three members of the First Niagara Financial Group (NASDAQ: FNFG) board will join its board of directors once the acquisition closes. The addition of the First Niagara directors is part of the acquisition agreement, according to a news release from KeyCorp.
Bank of America launches mortgage program geared to low- and moderate- income homebuyers
Bank of America (NYSE: BAC) has rolled out a new mortgage program that it contends provides low- and moderate-income homebuyers access to a “responsible lending product with counseling at affordable entry prices.” The Charlotte, North Carolina–based bank, the nation’s second largest, on Feb. 22 announced its “affordable loan solution” mortgage in partnership with Self-Help Ventures
M&T Bank credits changes for surge in its SBA-backed loans
SYRACUSE — M&T Bank is crediting several changes it made to its small-business lending model for the jump in its March loan-approval volume in the Syracuse district of the U.S. Small Business Administration (SBA). M&T Bank approved 49 SBA-backed loans in the agency’s (7a) program during March, which almost equaled the 51 such loans it
NBT profit rises nearly 4 percent in first quarter
NORWICH — NBT Bancorp Inc. (NASDAQ: NBTB) reported net income of $18.9 million, or 43 cents a share, in the first quarter, up 4 percent from $18.2 million, or 41 cents, in the year-ago quarter on the strength of loan and deposit growth. “Our first quarter 2016 results demonstrate our strong financial performance and sustained
Community Bank Q1 profit, revenue rise on increased assets from Oneida Financial deal
DeWITT — Community Bank System, Inc. (NYSE: CBU) reported net income of $24.4 million in the first quarter, up 9.4 percent from $22.3 million in the year-ago quarter, as it benefitted from the assets it acquired in its $158.5 million acquisition of Oneida Financial Corp. Earnings per share at Community Bank rose to 55 cents
M&T appoints René Jones to expanded role, names CFO successor
M&T Bank Corp. (NYSE: MTB) announced that Vice Chairman René F. Jones has taken on new managerial responsibilities, effective May 2. In addition to continuing oversight of the bank’s Treasury function and Wilmington Trust division, he adds two new business lines — mortgage and consumer lending. “As our chief financial officer, René has helped guide
Two North Country resorts awarded loans for capital projects
Two Northern New York resorts will use loans totaling $600,000 to help pay for improvement projects. The board of the North Country Economic Development Fund
Owner of Binghamton area taxi-cab company accused of defrauding Medicaid
BINGHAMTON, N.Y. — The owner and operator of Broome Taxi is facing charges for operating the company without the “necessary” licensing while generating income from
Excellus asks customers to come forward to claim $2.36 million in uncashed checks
DeWITT, N.Y. — Thousands of New Yorkers have yet to cash more than $2.36 million in checks that Excellus BlueCross BlueShield and its parent company
Get our email updates
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.