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NBT Q3 earnings slide as company wraps up Salisbury acquisition
NORWICH, N.Y. — NBT Bancorp Inc. (NASDAQ: NBTB), parent company of NBT Bank, N.A., reported a profit decline for the third quarter due to costs related to its acquisition of Salisbury Bancorp, Inc. finalized on Aug. 11. The banking company produced net income of $24.6 million, or 54 cents a share, for the quarter ending […]
KeyBank’s new Ithaca branch consolidates two prior offices
ITHACA, N.Y. — KeyBank (NYSE: KEY) says its new branch office at 604 South Meadow St. in downtown Ithaca is the result of a branch consolidation and will provide customers with better services. KeyBank says it combined its branches located at 300 North Tioga St. and 2315 North Triphammer Road into the one, new office
Visions FCU branches pilot wearable closed-captioning device
Its Endicott office is among them ENDWELL, N.Y. — Visions Federal Credit Union (FCU) says it is piloting a device called “Badger” at select locations, including its branch in Endicott. The device is meant to “enhance accessibility of branch services,” Visions FCU said in its Sept. 1 announcement. Endwell–based Visions is
Community Bank System’s Q3 profit slips 9 percent
DeWITT, N.Y. — Community Bank System, Inc. (NYSE: CBU) — parent of Community Bank, N.A. — reported net income of $44.1 million, or 82 cents a share, in the third quarter, down 9.4 percent from $48.7 million, or 90 cents per share, in the same quarter a year ago. The earnings dip primarily resulted from
Le Moyne College partners with Meier’s Creek Brewing for Le Moyne-themed beer
SYRACUSE, N.Y. — Le Moyne College says it has an agreement with Meier’s Creek Brewing Company for a fundraiser that involves a Le Moyne-themed beer.
AmeriCU names Wood assistant VP of strategic partnerships
ROME, N.Y. — AmeriCU Credit Union recently promoted Heather Wood to assistant VP of strategic partnerships, a role in which she will build and maintain partnerships that align with the credit union’s strategic goals. Wood brings more than 20 years of experience in the industry to the new role, where she will work with internal
Lockheed Martin Owego wins nearly $380M Navy order for helicopters for Spain
OWEGO, N.Y. — Lockheed Martin Corp. (NYSE: LMT) in Owego was recently awarded a $379.6 million firm-fixed-price order from the U.S. Navy against a previously issued basic ordering agreement. This order provides for the production and delivery of eight MH-60R Seahawk helicopters for the government of Spain, according to an Oct. 12 contract announcement from
Drumm appointed to Herkimer College board of trustees
HERKIMER, N.Y. — Gov. Kathy Hochul has appointed Robert Drumm, of Mohawk, to the Herkimer County Community College board of trustees for a term that expires on June 30, 2027. Drumm is the CEO and board president for Mohawk Valley Ambulance Corporation in Mohawk. In this role, he assists with the annual budget, website, digital-fundraising
Johnson City BJ’s Wholesale Club opens member center
JOHNSON CITY, N.Y. — A new BJ’s Wholesale Club’s membership center is open in Oakdale Commons, 601-635 Harry L Drive, in advance of the wholesale club opening a store to shoppers early next year. The membership center gives shoppers the opportunity to purchase a founding membership through Jan. 25, 2024. Membership options start at $35.
New Energy New York project helps Binghamton become federal tech hub
VESTAL, N.Y. — A Binghamton University official says the region’s newly secured federal tech hub designation will allow the university and its partners to strengthen efforts focused on U.S. supply chains. It’ll also help in attracting startup companies to the region, creating good-paying jobs, and expanding workforce-training programs. It was Binghamton University’s New Energy New
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