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Banking & Finance

ESL awards grant to Arc GLOW  (access required)

ESL Federal Credit Union recently provided a $161,000 grant to Arc GLOW to assist the agency in implementing a new electronic health record system.   The initiative is expected to be the first of several steps undertaken by Arc GLOW ...

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Local financial advisor ranks high on Forbes list (access required)

Lori Van Dusen, CEO and founder of Rochester-based LVW Advisors, has been ranked seventh in the nation for top women wealth advisors by Forbes.  Van Dusen, who founded the firm in 2011, is also the top woman advisor based outside ...

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Commercial real estate lenders optimistic about 2022 (access required)

Despite rising inflation, creeping interest rates and uncertainty around coronavirus variants, Rochester area commercial real estate lenders are primarily optimistic about the year ahead.

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Four local business owners complete Goldman Sachs program (access required)

Four small business owners recently completed the 10,000 Small Businesses Program sponsored by Goldman Sachs. The program, a partnership in Rochester with Assemblywoman Sarah Clark and Goldman Sachs, aims to provide business owners access to critical resources they need to ...

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Financial Institutions reports fourth quarter, per share earnings of $1.21 (access required)

Financial Institutions Inc., the parent company of Five Star Bank and SDN Insurance Agency LLC, reported fourth quarter before dividend net income of $19.6 million and earnings per diluted share of $1.21.   Reflected in the increase in net income ...

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Genesee Co-op Federal Credit Union workers form union (access required)

Genesee Co-op Federal Credit Union workers in Rochester have unanimously chosen to form a union with the Communications Workers of America.   The Genesee Co-op workers won union recognition through a majority sign up procedure agreed to by the credit union ...

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The Summit creates partnership with MCC athletics (access required)

The Summit Federal Credit Union is joining forces with the athletic department at Monroe Community College. The Summit will commit $10,000 over two years to provide personal finance sessions for students and graduates entering the workforce. The credit union also ...

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Five Star Bank to offer bitcoin investment services (access required)

Five Star Bank announced a new partnership with the bitcoin company NYDIG, making it one of the first financial institutions in the U.S. to enable its banking clients to securely buy, sell and hold bitcoin.  The bank will enable customers to transact bitcoin securely through its ...

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M&A outlook survey finds continued strength (access required)

Middle-market companies and private-equity firms foresee an extremely strong year for the M&A market in 2022, with bullish forecasts for both deal volumes and for company valuations, according to a Citizens survey.

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RDG+Partners relocates to former Hart’s building in the East End (access required)

When RDG+Partners realized they had outgrown their space in Pittsford Village Green, the search began for a new home. You can only add on so many times before you reach a building’s limit. “Our old space was homey and comfortable ...

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