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Special Report

Community bankers making greater use of data and analytics (access required)

Data and analytics are playing a larger role when it comes to making loan decisions at area financial institutions. Steven Schmidt, vice president and director of credit management and administration at ESL Federal Credit Union, says the data and analytics ...

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Local banks offer ways to help clients find financial fitness (access required)

When Audrey Meyers was in her early 20s she found herself some $200,000 in debt. College expenses, an illness, the cost of owning and maintaining two properties and a fondness for shopping all contributed to the financial spiral. Instead of ...

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Health care professionals swiftly pivoted to accommodate telemedicine at pandemic’s onset (access required)

Telemedicine visits grew monumentally in 2020 due to COVID-19, and those in the medical profession believe its use will continue post-pandemic. “I believe it’s here to stay,” says Stephen Cohen M.D., senior vice president and chief medical officer with Excellus ...

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COVID-19 vaccines 101: What you need to know (access required)

How does the COVID-19 vaccine work? When will you be able to get the vaccine? Is the vaccine safe? Does this mean the pandemic is over? How much will the vaccine cost? These are just a few of the questions ...

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COVID-19 dominates priorities of local state legislators (access required)

The New York state legislature will have a new look when the session begins in January, including several first-time political leaders representing the Rochester region. Based on election results in November, Democrats in the state Senate will have a super ...

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An offer of certainty in a COVID world (access required)

Even though 2020 may have seemed like a lifetime instead of a mere 365 days, 2021 has finally arrived. With the flip of the calendar comes continued uncertainty. (Don’t call it the “new normal” because it is anything but normal). ...

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Universities find success in pushing fundraising efforts virtually (access required)

The COVID-19 pandemic has forced local colleges to move their fundraising completely online, but they report robust success despite the current public health crisis and recession. Darrell Bell, vice president for institutional advancement at Roberts Wesleyan College, says the job ...

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Collaboration will build a strong higher education sector (access required)

The pandemic is having a financial impact on colleges and universities that will be felt well past the end of the current crisis. By one estimate, the pandemic has cost colleges and universities in the United States at least $120 ...

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Branch strategies have had to be agile during COVID crisis (access required)

The COVID-19 pandemic has impacted financial institutions’ strategies for their branches, from what services are provided on-site to their hours of operation, and for some, has accelerated the development of long-term changes that were underway prior to the outbreak. Marcelina ...

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What COVID-19 has taught us about protecting against the next crisis (access required)

We all know more seven months into this pandemic than we did at the outset, including businesses seeking legal redress for business disruption, breach of contract, insurance protection and business loss. It has been more than five months since my ...

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Legal experts note pandemic presence in every business deal (access required)

The COVID-19 pandemic is playing a role in significant changes a business may be considering, from completing a merger or acquisition to buying out a business partner. Katarina Polozie, a partner in the business and finance department at Woods Oviatt Gilman ...

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