Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
KeyCorp to pay 2nd quarter 2024 dividend in mid-June
KeyCorp (NYSE: KEY) — parent company of KeyBank, the No. 2 bank ranked by deposit market share in the 16-county Central New York region — has declared a quarterly cash dividend of 20.5 cents per share of its common stock for the second quarter of this year. The dividend is payable on June 14 to […]
Lockheed Martin to pay Q2 dividend of $3.15 per share in late June
The Lockheed Martin Corp. (NYSE: LMT) board of directors has authorized a second-quarter, 2024 dividend of $3.15 per share. The dividend is payable on June 28, to holders of record as of the close of business on June 3, according to a May 2 company news release. At Lockheed’s current stock price, the dividend yields
Binghamton woman sentenced for grand larceny after collecting dead relative’s pension
BINGHAMTON — A Binghamton woman was sentenced to five years of probation after fraudulently collecting her deceased father-in-law’s pension payments, New York State Comptroller Thomas P. DiNapoli and Broome County District Attorney F. Paul Battisti announced. Joy LaBarr, 58, must also pay full restitution of $32,000 after pleading guilty to third-degree grand larceny earlier this
Maraviglia $2 million donation to benefit SUNY Oswego School of Education
Wilber Hall atrium now bears his name OSWEGO — The president of SUNY Oswego says Frank Maraviglia was once a ward of the state who was dependent on welfare as a child. “He wasn’t
Upstate awards 430 degrees, certificates at graduation
SYRACUSE — Upstate Medical University awarded 430 degrees and certificates during a graduation ceremony held May 5 at the SRC Arena and Events Center on the campus of Onondaga Community College. The medical school conferred degrees on graduates from all four Upstate colleges: Graduate Studies, Health Professions, Medicine, and Nursing. The College of Graduate Studies
New state cyber rules may apply to some credit unions
Last November, the New York State Department of Financial Services (DFS) made updates to its cybersecurity regulations that may require credit unions to comply depending on what type of subsidiary lines of business the credit union operates, according to one cybersecurity expert. “Credit unions are typically not included because they are federally chartered,” FoxPointe Solutions
Site cleared for community center, housing project in city of Utica
UTICA — A project to develop a community center in Utica took a big step forward recently with the demolition of the Mid-Utica Neighborhood Preservation Corporation (MUNPC) building, also known as the Leisure Time Activity Center building, on West Street. The demolition makes way for the $74 million Cornhill Neighborhood Revitalization Initiative’s West Street Impact
Pathfinder Bancorp CFO to retire; bank names successor
OSWEGO — Pathfinder Bancorp, Inc. (NASDAQ: PBHC), parent company of Pathfinder Bank, on May 8 announced that its senior VP and chief financial officer (CFO), Walter F. Rusnak, 70, will retire from the role after a career spanning more than 40 years in finance, effective June 28. The Oswego-based banking company announced it has selected
Winand Products brings Brazilian spices to area kitchens
AUBURN — Pandemic cooking and memories of her mother’s kitchen in Brazil inspired Patricia Winand Springer to fulfill her lifelong dream of becoming an entrepreneur with her own business. She launched Winand Products, Inc., which produces her Perfeito seasoning brand, in December 2021. Springer moved from Boston to the Auburn area in March 2020, the
Lewis County firms win grants to improve visibility
LOWVILLE — Naturally Lewis, the economic-development agency in Lewis County, recently announced it has awarded the second round of grant funding from its Small Things, Big Impacts Fund. A total of 16 businesses and organizations in Lewis County will use more than $14,000 in grant funding to improve their visibility. The awarded grants totaled as
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.