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Northtown Automotive Cos. has acquired Zeigler Honda Amherst, adding another brand to Northtown's lineup. The deal also ends Zeigler Automotive Group's presence in the region. While Zeigler is one of the nation's largest dealer groups, it didn't expand here beyond owning its Honda dealership over the past several years. Terms of the deal were not disclosed. The deale…

Niagara's Choice Federal Credit Union named Dan Keleher as its new CEO, following the retirement of Al Frosolone, according to the New York Credit Union Association. Keleher previously was executive vice president of Niagara's Choice. Prior to that, he worked for nearly a decade at SEFCU. Frosolone had served for nearly three decades in leadership roles at Niagara Fa…

Business

M&T Bank will hold a public tribute to the life of the late Robert G. Wilmers, its longtime chairman and CEO, at 3 p.m. on Jan. 22 at Kleinhans Music Hall. Wilmers died at age 83 on Dec. 16 in New York City, and a funeral service was held there on Dec. 21. While the service drew many high-profile Buffalo figures from politics and business, M&T also made plans fo…

Business

KeyBank has introduced KeyBank Plus Check Cashing, a low-cost check cashing service, at 18 Buffalo-area branches. The service allows individuals without accounts to cash their approved payroll, tax refund and government checks for a 1.5 percent fee at a participating branch. Key launched the service in 2004, and it is now available in 14 of Key's markets around the coun…

Business

DowDuPont's Yerkes plant in the Town of Tonawanda will undergo a leadership change. Warren C. Hoy, the plant manager for more than five years, will retire later this month. His successor will be David Ledesma. Hoy is a Tonawanda native. He began his career with DuPont, which merged with Dow Chemical last year, as an engineer at its Niagara Falls plant in 1981. Ho…

John Tebeau on Tuesday was announced as the new president and publisher of Buffalo Business First and the Buffalo Law Journal. Tebeau will succeed Jack Connors, who is retiring Jan. 31. Connors joined Buffalo Business First when it was launched in 1984, and was named president and publisher in 1986. Tebeau comes from OnCore Media, a business-to-business content m…

Business

It's not the kind of list any bank wants to appear on: the most consumer complaints lodged with the Consumer Financial Protection Bureau. Four banks with a local branch presence were among the 49 banks on a list by compiled by LendEDU, based on the federal agency's publicly accessible database of complaints for 2017. Citizens Bank was third on the list, while KeyBank…

Bills

The Jacksonville Jaguars' concessions menu is going teal for Sunday's game against the Bills, courtesy of Delaware North. The Buffalo-based concessions giant will offer teal-colored burger and hot dog buns, ice cream and beer at EverBank Field in Jacksonville. Teal is part of the Jaguars' color scheme; food coloring was used to create the unusual-looking menu items.…

M&T Bank led in small business lending in the Buffalo-Rochester region in a key federally backed program in December. M&T had 19 of the 7(a) loans, according to the Small Business Administration. Five Star Bank had seven, followed by ESL Federal Credit Union with six. M&T accounted for 29 percent of the 7(a) loans for the month. M&T also led in dollar…

Business

PHH Mortgage Corp. agreed to a $45 million settlement to resolve allegations of improperly servicing loans from 2009 to 2012. The New Jersey-based mortgage lender and servicer reached the agreement with 49 states, Washington, D.C., and 45 state mortgage regulators, according to state Attorney General Eric T. Schneiderman. PHH has drastically cut its employment in the…

Business

Bankruptcy filings in the Buffalo-Rochester region increased 3.3 percent in 2017, the first full-year increase since 2009. The number of cases filed was 4,296, compared to 4,157 in 2016, according to the U.S. Bankruptcy Court's Western District. But the total was still down from 4,425 in 2015. The case total increased 11.3 percent in December from a year ago, to …

Business

Ryan Sasson came into the Buffalo area with a bold plan: creating at least 1,500 jobs in five years. The CEO of Strategic Financial Solutions is moving toward that goal, with more than 30 people working at its customer contact center on Lawrence Bell Drive in Amherst. The company has an additional 600 employees at its home base in Manhattan. Strategic Financial Solut…

Business

In elevating Rene F. Jones to succeed Robert G. Wilmers as its new chairman and CEO, M&T Bank Corp. didn't just make a safe and familiar choice. It also delighted and relieved Wall Street, which revels in predictability and hates surprises. "If you would have polled everybody on Wall Street and said who would you most like to see as the next CEO of this bank, the…

Business

M&T Bank Corp.'s newly named leaders: Rene F. Jones, chairman and CEO Jones followed an M&T management training program to the peak of the organization. Jones, 53, joined M&T in 1992 as part of its Executive Associate program. That program recruits promising leaders with MBAs and some professional experience. He had earned a bachelor's degree in man…