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A new report gives Buffalo and Erie County high marks as a tourism destination, but underscores the Buffalo Niagara Convention Center's shortcomings in drawing events and visitors. The results put more attention on the future of the Franklin Street facility – whether it should be renovated and expanded, or replaced in a new location. That is the subject of a separate st…

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Bank on Buffalo plans to open a temporary branch in Wheatfield in early August. The branch will be the bank's fourth location, and its first in Niagara County. Bank on Buffalo is moving into a former bank branch at 6947 Williams Road, near the former Summit Park Mall. The Wheatfield branch will be a full-service location, and will operate until Bank on Buffalo builds…

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Small businesses have only a short time left to apply for grants, worth a total of $1 million, under the new "Ignite Buffalo" program. The application deadline for the 27 grants is noon on Wednesday. The grants, using funds supplied by Facebook, will be worth between $25,000 and $100,000. Ignite Buffalo was launched by a partnership that includes 43North, Facebook an…

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Northwest Bancshares has agreed to buy the parent company of Union Community Bank for $85 million, bolstering Northwest's presence in Lancaster County, Pa. The deal for Donegal Financial Services Corp. will be 50 percent cash and 50 percent stock, and is expected to close in the first quarter of 2019. As of March 31, Donegal had total assets of $577 million and deposits…

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Sterling Kozlowski, who served as KeyBank's Western New York District president from 2006 to 2010, died Saturday. Kozlowski, 58, was Key's Maine market president and New England regional sales leader. Additional details of his death were not immediately available. "Sterling was not only a dedicated banker, but also a tireless community servant who worked with countle…

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Bush Industries, a Jamestown-based furniture manufacturer, has endured the highs and lows of a company that has lasted for nearly 60 years. The company thrived in the late 1990s, reorganized through bankruptcy in 2004, and recently returned to local ownership through a management buyout. Now comes the latest chapter in its history: Lorraine Capital, a Buffalo private eq…

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Launch New York will partner with the Buffalo Niagara Medical Campus on its Emerging Cleantech Opportunity incubator. Paul Tyno was named by Launch New York as program director for the incubator. Tyno serves as the Medical Campus' strategic adviser for energy initiatives. The Emerging Cleantech Opportunity incubator is the sixth clean energy incubator to receive a fo…

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Goodwill of Western New York is frustrated by a recurring problem: clients get placed in jobs, then lose those jobs, and start the cycle anew. So Goodwill is launching a program aimed at keeping people in jobs longer, with a big financial lift from KeyBank. Key, in partnership with the First Niagara Foundation, is donating $750,000 toward Goodwill's Long Term Employm…

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Lt. Gov. Kathy Hochul won the Athena Award, presented by the Buffalo Niagara Partnership to an individual dedicated to the advancement of women. PHOTO GALLERY: Smiles at the 2018 Athena Awards Luncheon Prior to becoming lieutenant governor, Hochul served as a member of Congress and Erie County clerk. She was selected for the award over six other finalists. Mary Ow…

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KeyBank Community Development Lending and Investment has provided $14.2 million in construction financing for the renovation of Riverview Manor and Piotr Stadnitski Gardens, off Sycamore Street in Buffalo. The two-building property consists of 210 one-bedroom units for seniors. Key said the project will be developed in partnership with Smith and Henzy Advisory Group, an…

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Erie County Medical Center was designated by the state Department of Health as a Level I Adult Trauma Center. The designation followed the American College of Surgeons' verification in April of ECMC as a Level I Trauma Center. "This designation by (state Health Commissioner Howard) Zucker confirms the earlier ACS verification and highlights the special position ECMC …

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For 43North, it's about quality over quantity. The number of entries for this year's 43North business plan contest was down 4 percent from last year, but the head of the organization believes this could be the most competitive field yet. 43North received 485 applications for the fifth edition of the competition, compared to 504 last year, said Alexander Gress, the ex…

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Rene F. Jones reflected on following the late Robert G. Wilmers into his job, the annual shareholder letter, and why branches matter to him. Jones, who was named M&T's chairman and CEO last December, spoke last week at the Strategic Decisions Conference: • Jones said M&T has been reassuring its customers and employees that "certain things about our culture wi…

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For years, Robert G. Wilmers, the late M&T Bank chairman and CEO, criticized federal regulators for taking a "one-size-fits-all" approach to banks. Wilmers thought regulators wrongly lumped together risk-taking Wall Street banks with more-conservative institutions like M&T. As a result, banks of all kinds were forced to devote more time, money and personnel to m…

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It turns out the best choice for Tompkins Bank of Castile's first branch in the Buffalo Niagara region was not a vacant branch. That might be surprising, given how many empty branches the region has, due to closings and mergers. But John McKenna, president and CEO of Tompkins Bank of Castile, said a professional office space in Amherst, the former home of Eye Care and V…