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AmeriCU’s 2023 highlights included expansion, renovations
ROME — AmeriCU Credit Union in July 2023 announced its largest expansion into 15 additional counties across the North Country, Mohawk Valley, Central New York, and Southern Tier communities of New York state. The credit union says it has expanded its field of membership into 24 counties to “promote financial education, stability, and growth.” The […]
NBT reports flat earnings in Q1, poised for future growth
NORWICH — NBT Bancorp Inc., (NASDAQ: NBTB), the parent company of NBT Bank, N.A., saw relatively flat earnings in the first quarter of 2024, reporting net income of $33.8 million, or 71 cents a share, compared to $33.7 million, or 78 cents per share in the year-ago quarter. “NBT reported solid results for the quarter
Pathfinder Bank appoints first VP, corporate controller
OSWEGO — Pathfinder Bank recently announced it has named Regina Bass first vice president and corporate controller. In this role, Bass will continue to oversee the bank’s corporate-accounting function and is responsible for both internal and external regulatory financial reporting, including Securities & Exchange Commission filings, for the bank and its subsidiaries. She also serves
Solvay Bank appoints business-banking officer
SOLVAY — Solvay Bank announced that Lynn Coates has joined its new small-business banking team as a VP, business-banking officer. Coates joined Solvay Bank in 2022 on Solvay Bank’s commercial-lending team, where she specialized in commercial lending, investments, and small-business banking. She has more than 33 years of banking experience and has been in business
Community Bank adds escrow-management platform
DeWITT — For businesses that have to hold onto other peoples’ money — think lawyers with escrow accounts and landlords with tenant security deposits — Community Bank N.A. has added a new product to its banking lineup it believes will make things easier. “We’re really excited about it,” Benjamin Conger, commercial banking officer at Community
Community Bank plots grow as region’s economy picks up
DeWITT — As development and economic activity bustle along the state’s Thruway corridor, Community Bank System, Inc. (NYSE: CBU) has its own plans to beef up its presence in those markets, starting with three new Community Bank, N.A. branches in Onondaga County. “It’s part of our strategic plan,” President/CEO Dimitar Karaivanov tells CNYBJ in an
New York home sales resumed their decline in March
Inventory hits another record low ALBANY — New York homes sales resumed their decline in March after a one-month reprieve in February. New York realtors sold 6,685 previously owned homes this March, down 14.2 percent from the 7,790 homes they sold in the year-ago month, according to the monthly housing report that the New York
Biden formally announces $6.1 billion Micron funding in visit to the MOST in Syracuse
SYRACUSE, N.Y. — U.S. President Joseph Biden on Thursday afternoon formally announced a $6.1 billion funding award for Micron Technology, Inc. (NASDAQ: MU) during a visit to the Milton J. Rubenstein Museum of Science & Technology (the MOST) in downtown Syracuse. The billions in funding will come through the federal CHIPS and Science Act for
Real Life Rosies pre-apprenticeship program celebrates graduates
UTICA, N.Y. — On Tuesday, April 23, Mohawk Valley Community College (MVCC) and the Manufacturers Association of Central New York (MACNY) celebrated the third and
Walsh releases Syracuse housing strategy that calls for “difficult and disruptive choices”
SYRACUSE, N.Y. — Syracuse Mayor Ben Walsh on Wednesday released the Syracuse Housing Strategy, which his office describes as a “multi-year framework for improving housing conditions in the City of Syracuse.” The strategy calls for “additive new work that builds on major initiatives” currently underway. They include the Resurgent Neighborhoods Initiative, the East Adams neighborhood
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