Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.
Elmira Savings to buy Empower branch office
ELMIRA — Elmira Savings Bank will open a new branch in Big Flats. Elmira Savings entered into an agreement with Empower Federal Credit Union to purchase its building at 971 County Route 64, according to a news release. Financial terms of the deal were not disclosed. “We are excited about securing a branch location in […]
Preparation is vital to keep a family business flourishing
What can help a family-owned business avoid fulfilling the proverb of “Shirtsleeves to Shirtsleeves in three generations,” and instead keep growing into the fourth and fifth generations of the business? We don’t have to look very hard to see many successful second- and third-generation family businesses in our community. Some statistics say that only a
SALINA — Polaris Library Systems added more customers and library locations in 2011, finishing the year with a total of 59 signed contracts, up from
Welch Allyn fills two chief officer spots
SKANEATELES FALLS — Welch Allyn has appointed two employees to chief officer positions, the medical-device manufacturer said today. The company named Scott Gucciardi executive vice
Community Bank to pick up 19 First Niagara, HSBC branches
DeWITT — Community Bank System, Inc. (NYSE: CBU) of DeWitt announced plans today to acquire 19 HSBC and First Niagara branches later this year for
Insurers settle with A.G. over online in-network lists
Eight health insurers have agreed to maintain accurate provider directories on their websites as part of a settlement with the state attorney general’s office. The
Businesses expect growth in 2012, but uncertainty remains
SYRACUSE — Although employment in the region is up 1 percent, businesses remain uncertain about the future and legislative, regulatory, and policy issues still dominate
FAA awards Sensis new contract worth up to $119M
DeWITT — Saab Sensis Corp. won a contract worth up to $119 million from the Federal Aviation Administration (FAA) to deploy a combination of technology
First Niagara plans sale of HSBC branches to KeyBank
Cleveland–based KeyBank will acquire 37 HSBC branches in the Buffalo and Rochester areas later this year for a deposit premium of $110 million. The locations
Income rises at Elmira Savings
ELMIRA — Net income rose just over 4 percent in 2011 at Elmira Savings Bank (NASDAQ CM: ESBK), which released its fourth-quarter and year-end financial
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.