This Week
  • Sparton Design Services acquired Real Time Enterprises Inc.

  • Perseverance has paid off for A.E.Y. Enterprises founder Michael Young.

  • Knowledge transfer is becoming critically important for employers as baby boomers retire.

  • Nu-Look Collision has seen double-digit jumps at existing sites.

  • See the 20th anniversary edition of the Forty under 40 supplement.

  • Aaron Powell turned his love of animation into a company with national accounts.

USNY Bank reports rise in Q2 net income

Rochester Business Journal
July 11, 2013

USNY Bank Inc., parent of Bank of the Finger Lakes in Geneva, increased its net income by 3.5 percent in the second quarter compared a year ago.

The bank’s income was $559,375 for the quarter ending June 30, up from $540,559 in the second quarter of 2012.

The bank’s assets climbed 12 percent, to $163.4 million by quarter’s end from $145.9 million on Dec. 31, and rose from $151.7 million at the end of the first quarter.

“We’re continuing to generate consistent growth by providing our customers with locally delivered decision-making and quality personal service,” President and CEO Michael Briggs said in a statement released Wednesday.

USNY Bank also is the Geneva-based parent of the Bank of Cooperstown.

(c) 2013 Rochester Business Journal. To obtain permission to reprint this article, call 585-546-8303 or email service@rbj.net.


What You're Saying 

There are no comments yet. Be the first to add yours!

Post Your Own Comment

 
Username:
Password:

Not registered? Sign up now!
 

To Do   Text Size
Post CommentPost A Comment eMail Size1
View CommentsView All Comments PrintPrint Size2
ReprintsReprints Size3
  • E-mailed
  • Commented
  • Viewed
RBJ   Google