NBT Bank Hosts Semiconductor Education Event

SYRACUSE, NY (April 4, 2024) – NBT Bank hosted an educational event on Wednesday, March 27 for customers and community partners to learn more about what the region can expect as a result of planned semiconductor manufacturing investments.

More than 130 guests joined the event, Central NY Semiconductor Economy: What You Should Know, at the Rosamond Gifford Zoo.

“The planned semiconductor manufacturing investments are a once-in-a-hundred-years opportunity for our region, and NBT is working hard to ensure that the communities we serve are positioned to benefit,” said Watt. “NBT is prepared and experienced in delivering the full complement of commercial and retail financial services that will support this growth. We are also committed to supporting workforce development and enablement, as evidenced by our partnership with On Point for College through which we aim to empower students to achieve careers in the semiconductor industry.”

NBT Bank Regional President David Kavney hosted the event, which featured opening remarks by Watt and a panel of experts, including Jennifer Waters of Empire State Development, Andrew Fish of CenterState CEO, and Joe Nehme of Micron. The panelists provided updates on the expected impacts from the anticipated growth throughout the region over the coming years.

“Without key public and private partnerships, the transformation of the Oakdale Commons would have been impossible,” said Stacey Duncan, President and CEO of the Greater Binghamton Chamber of Commerce. “Thankfully our community saw the value in the vision for the Commons and today we are excited to celebrate the grand opening of NBT Bank’s newest branch. Congratulations to NBT Bank and the team on your opening and thank you for your support of the Oakdale Commons revitalization.”

“Collaborations between organizations, such as this education event, are critical to supporting this transformational opportunity,” said Fish. “When we work together with an abundance mindset, we can ensure that we’re doing everything possible to set up our region and our economy for success.”

NBT Holds Semiconductor Industry Education Event

Central New York customers and community partners joined NBT to learn more about what to expect as a result of planned semiconductor manufacturing investments.

About NBT Bank

NBT Bank offers personal banking, business banking and wealth management services from locations in seven states, including New York, Pennsylvania, Vermont, Massachusetts, New Hampshire, Maine and Connecticut. The bank and its parent company, NBT Bancorp Inc., are headquartered in Norwich, NY. NBT Bancorp had assets of $13.44 billion as of March 31, 2024 and is traded on the Nasdaq Global Select Market under the symbol NBTB. More information about NBT is available online at www.nbtbank.com. Member FDIC.

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