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Launch NY hires Hammett to lead its fundraising efforts
BUFFALO — Launch NY, a nonprofit venture-development organization focused on upstate New York, has appointed Maureen Hammett as director of development and administration. Hammett has extensive experience in both the public and private sectors, according to a Sept. 12 Launch NY news release that announced her hiring. She started in her new position on […]
Lockheed signs manufacturing pact with waste-to-energy firm
OWEGO — Lockheed Martin Corp. (NYSE: LMT) on Oct. 9 inked an agreement with Concord Blue Energy, Inc. making it the “exclusive manufacturing provider” of the firm’s reformer technology. The technology converts waste to energy using advanced conversion technology, Lockheed said in a news release distributed Oct. 10. Concord Blue says it specializes in transforming
ABA Survey: Internet is still consumers’ top banking method, but mobile and branches gain popularity
While the Internet is still America’s most popular banking method, mobile banking has steadily gained momentum and is now preferred by 10 percent of consumers — up from 8 percent in 2013. That’s according to a recent survey by the American Bankers Association (ABA). The annual survey of 1,000 U.S. adults was conducted for
Cornell’s online subsidiary, eCornell, gets a new CEO
ITHACA — eCornell, Cornell University’s wholly owned online-education company, has a new CEO. Paul Krause, a 1991 graduate of Cornell, began his new duties on Oct. 8, the subsidiary said in an online news release. He previously served in the same role for Element K, an online-learning company headquartered in Rochester. It now operates as
Edge Federal Credit Union rolls out mobile check-deposit service
LIVERPOOL, N.Y. — Edge Federal Credit Union (FCU), a Liverpool–based credit union with $39 million in assets and nine full-time employees, has launched a mobile
Harmony Financial offers workshop on avoiding identity theft
OSWEGO, N.Y. — Harmony Financial Services, an Oswego–based financial-planning firm, will offer a workshop next Tuesday (Oct. 21) on identity theft and what people can
Rome Memorial suspends affiliation talks with Bassett, to explore other options
ROME, N.Y. — The board of trustees of Rome Memorial Hospital (RMH) on Tuesday decided to suspend affiliation discussions with Bassett Medical Center. Bassett Medical
People news: Stephen R. Zogby appointed to insurance company advisory board
NEW HARTFORD, N.Y. — The Adirondack Insurance Exchange has appointed Stephen R. Zogby, executive vice president of Scalzo, Zogby & Wittig, Inc., to its advisory
Pathfinder Bancorp to pay quarterly dividend of 3 cents
OSWEGO, N.Y. — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), holding company for Pathfinder Bank, has declared a quarterly cash dividend of 3 cents per share on its
Hummel becomes majority owner of Business Machines & Equipment in Marcy
MARCY — Business Machines & Equipment, Inc. (BME), a growing Mohawk Valley office-supply company, is under new ownership, and a new affiliation with Hummel’s Office Plus. BME, which employs 12 people and operates in leased space at 9443 River Road in Marcy, announced the transaction in a recent news release. The company provides copiers, fax
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