Please ensure Javascript is enabled for purposes of website accessibility
Home / Industry / Banking & Finance (page 2)

Banking & Finance

Genesee Co-op Federal Credit Union purchases Weider Hall in South Wedge  (access required)

Genesee Co-op Federal Credit Union has purchased Weider Hall, located at 389-395 Gregory St. in Rochester’s South Wedge. The credit union has been located in the building since 2005 and in the South Wedge since 1998.  The purchase price was ...

Read More »

KeyBank acquires fintech company focused on student loan debt (access required)

KeyBank has acquired GradFin, one of the nation’s leading public service loan forgiveness counseling providers.  Financial terms were not disclosed.  Bank leaders said the acquisition furthers Key’s commitment to accelerate growth through targeted investments in digital, niche businesses.   Founded ...

Read More »

Foundry acquires software development firm to expand blockchain services  (access required)

Foundry Digital LLC has acquired Upstate Interactive, a woman-owned Web3 software development and consulting company for an undisclosed sum. The acquisition follows Upstate Interactive’s recent client work with Foundry, bringing the Foundry Staking service line to life. Through collaborating on the ...

Read More »

Rochester City Council joins statewide effort to enact public banking act   (access required)

A total of 82 local elected officials from 19 cities and counties across New York – including local leaders – delivered a letter to Gov. Kathy Hochul, Senate Majority Leader Andrea Stewart-Cousins and Assembly Speaker Carl Heastie, urging enactment of ...

Read More »

Ensuring your financial plan can withstand negative conditions  (access required)

Financial plans differ based on individuals’ incomes, future goals, age and tolerance for risk, but often unconsidered in those plans is the impact of negative events – such as temporary loss of income or an unexpected medical expense – and ...

Read More »

Several local financial advisors named to Forbes’ best of lists   (access required)

Lori Van Dusen, CEO and founder of LVW Advisors, topped the list of New York State Advisors (private wealth) on this year’s Forbes/SHOOK’s Best-In-State Wealth Advisors.   Van Dusen was one of four local wealth advisors named to the 28-person ...

Read More »

Five tax-saving strategies for retirement contribution that can lower taxable income and achieve financial well-being (access required)

Making the most of every dollar is crucial to your financial well-being, and retirement savings is a great way to achieve this. You not only save more for retirement, but you could save on taxes as well. It may come ...

Read More »

No jail or restitution for Robert Morgan after guilty plea (access required)

What began nearly four years ago as an alleged massive fraud conspiracy is about to end with a lenient sentence for the man who government prosecutors once claimed was a mastermind of sophisticated criminal activity within his real estate enterprise. ...

Read More »

New survey finds majority of teens feel unprepared to finance their futures (access required)

After two uncertain and often stressful years due to the COVID-19 pandemic, high school students are worried about their financial futures, prompting more than half of teens to say they feel unprepared to finance their futures, according to new research ...

Read More »

A simple game for investors: How would you play? (access required)

Some years ago, financial author and advisor, Bill Schultheis, devised a simple game to illustrate the difficulty faced by investors who try to outguess the stock market and the utility of knowing the odds of success. The game called “Outfoxing ...

Read More »

Fairway Mortgage enjoys strong first full year in the market (access required)

When Kim Chizak and Robb Everhart walked away from what they considered to be a rigid corporate structure in the mortgage industry to start their own firm, they wanted to provide something different to homebuyers. If they made what can ...

Read More »

Until debt do us part (access required)

Jarrett Felton

“The secret of getting ahead is getting started.”  – Mark Twain Money and wealth are very sensitive topics for most people. Another related, perhaps most sensitive topic — one that stirs up emotions and stress — is debt. I suspect ...

Read More »

M&A lawyers keep busy despite pandemic barriers (access required)

2021 was a record-breaking year globally and nationally for mergers (combining two separate businesses into one new legal entity) and acquisitions (when a purchased company gets fully absorbed by an acquiring company). Per Refinitiv – an American-British global provider of ...

Read More »

Citizens rolls out overdraft-free checking accounts  (access required)

Citizens unveiled a new, overdraft-free checking account designed to increase banking access for underbanked and underserved communities, called Citizens EverValue Checking.  The bank also announced that its Evervalue Checking and Student Checking accounts have been officially certified by the national CFE ...

Read More »