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KeyBank spent a long time deciding where to open another branch on the East Side. Its search has culminated at the northeast corner of East Delavan Avenue and Grider Street, at a shuttered Rite Aid. KeyBank plans to transform part of the vacant building into a branch that will open next spring, pending regulators' approvals. Key officials said the neighborhood the ba…

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Robert Miller Jr. guided the Evans Agency's growth over the past 18 years. Now Miller, 62, is preparing to retire as president of the insurance agency, which is a subsidiary of Evans Bancorp. Miller will transition to CEO of the agency effective Dec. 1, and then retire March 29. He will serve the remainder of his term on Evans Bank's board of directors, which expires in…

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The Buffalo Niagara Convention Center on Thursday will turn into a simulated stock market for more than 550 students. The students, from 33 area high schools, will compete in the 10th annual Junior Achievement Stock Market Challenge. The student teams apply what they have learned in the classroom to simulated stock market trading. Each team starts with an imaginary $…

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When workers run into unexpected expenses — like car repairs or emergency medical costs — the impact can affect their job performance or even prevent them from getting to work, putting their employment at risk. A newly launched program, called Work/Life Solutions, at the United Way of Buffalo and Erie County aims to prevent employees' non-work issues from creating obsta…

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KeyBank will hold a one-day career fair on Friday at its contact center at 6950 South Transit Road in Pendleton, as the bank looks to hire full-time customer service specialists. Job seekers are invited to visit any time during two sessions, from 9:30 am. to 1 p.m., and 3 p.m. to 6 p.m, and to bring photo ID and a resume. The mass hiring event will include opportunities…

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Cattaraugus County Bank is offering free professional coin appraisals at two of its branches this week. The appraisals will be performed from 9 a.m. to 4 p.m. today at its Springville branch, at 325 S. Cascade Drive, and 9 a.m. to 4 p.m. on Thursday at its South Dayton branch, 517 Pine St. No appointments will be taken. The appraisals will be performed by HCC, a Tole…

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Five Star Bank's parent company said it has benefited a lot from its recent hires. "We have taken advantage of available talent in our markets over the course of the past two years, and have hired proven, experienced commercial and residential [loan] producers and leaders," said Martin K. Birmingham, president and CEO of Financial Institutions, in a conference call with…

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Evans Bancorp needed just nine months to set a full-year record for profits. Hamburg-based Evans recorded profits of $11.9 million through September, topping the full-year high of $10.5 million set in 2017. Evans was bolstered by a strong third quarter, during which the bank reported profits of $4.8 million, up 29 percent from the year before. "I think we've been bui…

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The parent company of Five Star Bank has picked its next chief financial officer. Warsaw-based Financial Institutions named Justin K. Bigham its deputy CFO. He will move into the CFO's role when Kevin B. Klotzbach retires March 31, as previously announced. Klotzbach will remain treasurer through the end of 2019, to assist with the transition. Bigham, 45, was most…

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Evans Bank's new downtown location looks nothing like a traditional branch, and that is by design. Customers can still drop in for all the typical transactions a branch handles, at a counter just inside the door. But there's also a "business café" with a coffee bar, with newspapers on the table, and a flat screen TV showing the news. And offices inside the building on L…

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Northwest Bank reported profits of $28 million in the third quarter, up 18 percent from a year ago. The Warren, Pa.-based bank said the increase came in spite of elevated charge-offs and two large commercial loan payoffs. Northwest said the net charge offs of $8.3 million included a $4.6 million write-down of a land development loan in Western New York that the bank did…

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CNB Financial said its Bank on Buffalo division has grown to $274 million in deposits and $222 million in loans in just two years. Joseph B. Bower Jr., president and CEO of CNB, made a point of mentioning the division's results as part of the bank's third-quarter earnings. "We continue to be excited and encouraged by the business opportunities we are finding, particular…

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M&T Bank's $4 million renovated downtown training facility includes computer labs, lecture rooms and modern video conferencing capabilities. Its walls also feature a series of quotes from Robert G. Wilmers, the late chairman and CEO who was known as a strong proponent of recruiting and developing employees. The quotes reflect the straightforward approach Wilmers too…

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William H. Donaldson built a resume that would be tough for anyone to match. New York Stock Exchange chairman and CEO. Securities and Exchange Commission chairman. Wall Street investment firm co-founder. Yale management school dean. And that's only a partial list. For Donaldson, it all began in Buffalo, where he grew up on the West Side and graduated from Nichols Sch…

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When KeyCorp bought First Niagara Financial Group, Key was eager to capitalize on First Niagara's residential mortgage business. Key has extended that business line — which is locally based — across its own, much larger footprint, with nearly 300 mortgage loan officers. Now Key just needs the market to pick up, said Beth E. Mooney, Key's chairman and CEO. "It is ramp…