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Regional News

NYCUA Recognition Awards honor Visions, Horizons, & SEFCU board chairman

ALBANY, N.Y. — Visions Federal Credit Union (FCU) and Horizons Federal Credit Union in Broome County and the chairman of the SEFCU board of directors were among those honored with NYCUA Recognition Awards. The awards were part of the New York Credit Union Association’s (NYCUA) virtual annual meeting and awards ceremony held June 24. Social […]

CFCU Community Credit Union posthumously honors board member

ITHACA, N.Y. — The CFCU Community Credit Union board of directors has voted to posthumously honor Joseph (Joe) During with the title of director emeritus.  During is the first CFCU board member bestowed with the recognition, CFCU said in a June 29 news release.  The title of director emeritus honors retiring board members who have

Five Star Bank names regional presidents

WARSAW, N.Y. — Five Star Bank, a unit of Financial Institutions, Inc. (NASDAQ: FISI) recently announced it has appointed regional bank presidents. The bank has named Craig Burton Finger Lakes/Southern Tier regional president, in addition to his role as commercial real-estate executive, according to a June 17 Five Star Bank news release. Burton continues to

Summit FCU launches virtual branch

The Summit Federal Credit Union (SFCU) on July 6 opened a new virtual branch, which the organization says is available “everywhere.”  Using Zoom technology, branch “visitors” see and talk directly with a local relationship specialist and do just about everything they’d do at a physical branch, right from a mobile or electronic device, Summit FCU contends. The

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CNY region unemployment rates fall in June, jobs rise

Unemployment rates in the Syracuse, Utica–Rome, Watertown–Fort Drum, Binghamton, and Elmira regions were in mid-single-digit figures in June and were roughly half as high as a year ago when the COVID-19 pandemic led to large-scale layoffs. The numbers were part of the latest New York State Department of Labor data released July 20. In addition, all the

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