Going from a career as a professional golfer to a career in banking may be an unusual transition for some, but Phil Muscato believes there are many similarities between the two professions. Both, for example, require the ability to perform ...
Read More »Skills learned on golf course translated to role as sales leader, market president for Muscato
ESL awards grant to Arc GLOW 
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 ...
Read More »Local financial advisor ranks high on Forbes list 
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 ...
Read More »Commercial real estate lenders optimistic about 2022 
Despite rising inflation, creeping interest rates and uncertainty around coronavirus variants, Rochester area commercial real estate lenders are primarily optimistic about the year ahead.
Read More »Four local business owners complete Goldman Sachs program 
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 ...
Read More »ESL opens new full-service Lake Avenue branch 
ESL Federal Credit Union has opened its new branch in Rochester.
Read More »Financial Institutions reports fourth quarter, per share earnings of $1.21 
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 ...
Read More »Genesee Co-op Federal Credit Union workers form union 
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 ...
Read More »Home affordability concerns become more acute as prices climb 
As the number of houses for sale remained at record low levels in Monroe County throughout 2021, prices continued to soar.
Read More »The Summit creates partnership with MCC athletics 
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 ...
Read More »Five Star Bank to offer bitcoin investment services 
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 ...
Read More »M&A outlook survey finds continued strength 
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.
Read More »ABC conference: Greenlining a necessary tactic to mitigate ‘pandemic of inequities’ 
The Action for a Better Community event addressed the laws and policies needed to repair the historical injustices done by racism, redlining and other forms of economic marginalization.
Read More »RDG+Partners relocates to former Hart’s building in the East End 
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 ...
Read More »2021 ended on a high note despite challenges — what’s in store for 2022? 
It appears 2021 ended better than it started — so says most middle market executives who participated in KeyBank’s latest Middle Market Business Sentiment Survey.
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