Solvay Bank, in Partnership with Federal Home Loan Bank of New York, Awards $50,000 to Local Small Businesses and Non-profit Organizations

Posted on December 18, 2023

SOLVAY BANK, IN PARTNERSHIP WITH FEDERAL HOME LOAN BANK OF NEW YORK, AWARDS $50,000 TO LOCAL SMALL BUSINESSES AND NON-PROFIT ORGANIZATIONS

Syracuse, New York – In partnership with the Federal Home Loan Bank of New York, Solvay Bank awarded 10 local small businesses and non-profit organizations a $5,000 grant under the 2023 Small Business Recovery Grant (SBGR) Program.

The grant focuses on supporting small businesses and non-profit organizations that have faced economic challenges due to the rate environment, inflation, supply-chain constraints, and/or rising energy costs. Funds may be used for reasonable and necessary expenses. Solvay Bank awarded the grant checks to the 10 local recipients in December. 

“As a community bank, we believe in the power of small businesses and non-profit organizations to drive economic growth and positively impact our local neighborhoods,” said Michele Fernandez, VP Enterprise Risk Manager & CRA Officer at Solvay Bank. “It is our mission to invest back, ensuring a brighter future for all. We thank the small businesses and local organizations for their commitment to our community.”

Founded in 1917, Solvay Bank is the oldest community bank established in Onondaga County. Solvay Bank has nine branch locations in Solvay, Baldwinsville, Camillus, Cicero, DeWitt, Liverpool, North Syracuse, Westvale, and downtown Syracuse in the State Tower Building. Solvay Bank’s Insurance Agency, Inc. is a full-service general insurance agency. For more information about Solvay Bank, visit www.solvaybank.com.

The FHLBNY helps community lenders advance housing and community growth in New Jersey, New York, Puerto Rico and the U.S. Virgin Islands. The FHLBNY is part of the congressionally chartered, nationwide Federal Home Loan Bank System and increases the availability of mortgages and home finance to families of all income levels by assisting members in more effectively serving their neighborhoods and meeting their Community Reinvestment Act responsibilities. More information at www.fhlbny.com.

CenterState CEO

Other Member News

M.A. Polce Promotes Rick Pollard to Vice President for Strategy & Business Development
March 1, 2024

M.A. Polce Promotes Rick Pollard to Vice President for Strategy & Business Development

In his new role, he will lead all sales, marketing, and business development efforts.

Blue's Birthday Bash April 3 from 4-6 PM
March 1, 2024

Blue's Birthday Bash- Bryant & Stratton College- Special Guest, Crunchman

Celebrating the 170th anniversary of Bryant & Stratton College on April 3.

February 29, 2024

Fundamentals of Working with the Media

This interactive presentation will cover the fundamentals of working with the news media.

February 28, 2024

Dannible & McKee LLP Recommends Filing Taxes Early and Electronically

Tax season is in full swing and now is the time to file your taxes.

Fast Track to Small Business Start-Up
February 28, 2024

Fast Track to Small Business Start-Up Virtual Webinar

The workshop includes a variety of presenters who are all experts in different facets of small business start-up.

New CNAs graduate from Oswego Health's training program
February 27, 2024

Seven New CNAs Graduate from Oswego Health’s On-the-Job Training Program at The Manor

The Manor at Seneca Hill makes starting a career in healthcare easy with on-the-job training and a paid certification program.  

Cayuga St. Steakhouse Murder Mystery Dinner
February 26, 2024

Cayuga St. Steakhouse Murder Mystery Dinner

Get all the details here.

Attend the CNY Women's Summit at the Oncenter!
February 23, 2024

Attend the CNY Women's Summit at the Oncenter!

See all the details here.

Dr. Lynn-Beth Satterly
February 20, 2024

Liberty Resources Welcomes Dr. Lynn-Beth Satterly to its Primary Care Practice

In this role, Dr. Satterly will provide comprehensive care in collaboration with an integrated health team.