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Chemung Canal Trust

Chemung Financial posts strong sequential quarter profit growth

ELMIRA — Chemung Financial Corp. (NASDAQ: CHMG), the parent company of Chemung Canal Trust Company, reported that its net income nearly doubled in the first quarter of this year compared to last quarter. Elmira–based Chemung Financial produced net income of $7.1 million, or $1.48 per share, in the first three months of 2024, up 87 […]

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Utica Auction House

Auction house opens for business in Utica

UTICA — Utica Auction House LLC opened for business with its first auction on April 13, bringing the first public auction house to the city. Nick Cavalier III first began thinking about opening an auction house during the pandemic when everything switched to online. He owns an auto detailing business, Clean Car Auto LLC, and

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ICAN

ICAN opens Amsterdam location

UTICA — Integrated Community Alternatives Network (ICAN) is expanding eastward with a new office in Amsterdam, the organization recently announced. The move is part of ICAN’s mission to “Keep Families Together” by providing individualized and non-traditional services to at-risk individuals and families. ICAN held a ribbon cutting with the Fulton Montgomery Regional Chamber of Commerce

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VIEWPOINT: Marketing is not a foreign language

The main challenge facing marketers in 2024 might not be a new one. The idea of marketing as a standalone department is crystallized in popular culture. Think of the AMC drama “Mad Men” — the story of an insular advertising agency with its own language, uncompromising internal politics, and ambitions disconnected from those of its

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Ask Rusty: Can I Claim Social Security and Still Work?

Dear Rusty: I will be turning 63 soon. Can I apply for Social Security (SS) and continue to work? Would I be limited to how many hours or how much I could make? I know my monthly SS amount would be cut by 30 percent, or somewhere around that, but how would working affect me?

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Oswego County FCU

Oswego County FCU launches “Buy Now, Pay Later” product

OSWEGO — Oswego County Federal Credit Union (FCU) announced it has added “Buy Now, Pay Later” (BNPL) to its suite of online-banking products.  Oswego County FCU says it has partnered with Scottsdale, Arizona–based equipifi, a BNPL platform tailored for debit-card issuers, to “enhance its offerings,” per a March 28 announcement.  Oswego County FCU is a

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VISIONS FCU

Visions board reelects directors, reorganizes at March meeting

ENDWELL — Visions Federal Credit Union (FCU) reelected three directors to its board of directors during its 58th annual meeting held March 16 at its headquarters in Endwell.  Michael Mullen, Mary Robinson, and Denise Stoughton were reelected to three-year terms on the board. The Visions FCU board also includes Jill Bennedum, Kenneth Kidder III, James

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AmeriCU Credit Union

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

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NBT Bank

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

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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

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