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Tuesday, May 17, 2022News Release: 5/17/2022
A Model for a Green Building Future - New Paltz Fire Station On May 12, 2022, local and New York State political leaders, State Senator Michelle Hinchey, former State Senator Jen Metzger, Ulster County Executive Pat Ryan, Ulster County Legislator Eve Walter, Town of New Paltz Supervisor Neil Bettez, Village Mayor Tim Rogers, and Village Trustee and volunteer firefighter, William Wheeler Murray stood side-by-side with Cory Wirthmann, New Paltz Fire Department Chief, and Rick Alfandre of Alfandre
Friday, April 29, 2022Tompkins Financial Corporation Reports First Quarter Earnings 2022
Tompkins Financial Corporation Reports First Quarter Earnings ITHACA, NY - Tompkins Financial Corporation (NYSE American: TMP) Tompkins Financial Corporation (the "Company") reported diluted earnings per share of $1.60 for the first quarter of 2022, down 7.0% from the diluted earnings per share of $1.72 reported in the first quarter of 2021. Reduced income from Paycheck Protection Program loans ("PPP loans") and a smaller recapture to the provision for credit losses in the current quarter were the
Friday, January 28, 2022Tompkins Financial Corporation Reports Record Full Year Earnings 2021
Tompkins Financial Corporation Reports Record Full Year Earnings ITHACA, NY - Tompkins Financial Corporation (NYSE American: TMP) For the year ended December 31, 2021 Tompkins Financial Corporation (the "Company") reported record diluted earnings per share of $6.05, up 16.4% from December 31, 2020. Net income for 2021 was $89.3 million, an increase of $11.7 million compared to the same period in 2020. Results for 2020 included a $16.8 million provision for credit losses recognized in the first quarter
Friday, January 21, 2022Hudson Valley Credit Union President/CEO to Retire
Mary D. Madden, President and Chief Executive Officer of Hudson Valley Credit Union (HVCU), has announced she will retire this coming year. Ms. Madden joined HVCU in 1995 and subsequently lead almost every area of the credit union, including Operations, Marketing, Lending, and Human Resources, before being named President and CEO in 2002. Under Ms. Madden’s leadership, Hudson Valley Credit Union became the largest locally-based financial institution in the Hudson Valley with assets of $6.5 billion and
Friday, April 30, 2021Tompkins Financial Corporation Reports Record First Quarter Earnings 2021
Tompkins Financial Corporation Reports Record First Quarter Earnings ITHACA, NY - Tompkins Financial Corporation (NYSE American: TMP) Tompkins Financial Corporation reported diluted earnings per share of $1.72 for the first quarter of 2021, 224.5% over the first quarter of 2020. Net income was $25.6 million for the first quarter of 2021, an increase of 222.4% from the $7.9 million reported for the same period in 2020. President and CEO, Mr. Stephen Romaine commented, "We are extremely pleased to start
Wednesday, February 10, 2021Tompkins Mahopac Bank Participates in the Second Round of PPP Funding: Now Open to New Business Customers
Tompkins Mahopac Bank Participates in the Second Round of PPP Funding; Now Open to New Business Customers Tompkins Mahopac Bank has launched its online application portal for the Paycheck Protection Program (PPP) second round of funding for businesses, and is now accepting applications from businesses located within its geographic service areas who do not yet maintain an active business checking or loan account with Tompkins, as described on
Friday, January 29, 2021Tompkins Financial Corporation Reports Record Fourth Quarter Earning
Tompkins Financial Corporation Reports Record Fourth Quarter Earnings ITHACA, NY - Tompkins Financial Corporation (NYSE American: TMP) Tompkins Financial Corporation reported diluted earnings per share of $1.61 for the fourth quarter of 2020, up 15.0% compared to $1.40 reported in the fourth quarter of 2019. Net income for the fourth quarter of 2020 was $24.0 million, a $2.9 million increase over net income reported for the same period in 2019. For the fiscal year ended December 31, 2020,
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