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Banking and Finance in McDonough Banks  
Credit Unions
Financial Programs
 
Banks

 
NBT Bank, National Association Main office:
52 South Broad Street
Norwich, New York 13815

Branch offices in:
Afton, Bainbridge, Earlville, Greene, New Berlin, Norwich Township, Oxford, Sherburne, South Otselic

BSB Bank & Trust Company Route 23 And Chenango County Route 32
Norwich, New York 13815
Charter One Bank, National Association  (Branch # 488) North Chenango At Genessee
Greene, New York 13778
Wilber National Bank  (Branch # 18) Route 23 And Chenango Cty Route 32
Norwich, New York 13815
 

 

 
Credit Unions                                       top

 
GHS FCU 54 East Main Street
Norwich, NY 13815
Norwich-Telops FCU 11 East Park Place
Norwich, NY 13815
Sidney FCU Main office:
42 Union St.
Sidney, NY 13838

Branch offices:
County Rte 23 & East River Rd.
Norwich, NY 13815

65 Genesee St.
Greene, NY 13778

Credit Union Plaza
16 South Main St.
Bainbridge, NY 13733

   
Financial Programs                               top

 
Chenango County promotes economic development and partners with businesses with a variety of programs designed to help reduce the financial burdens of startup or relocation. Contact the Chamber of Commerce for more information.

Chenango County Industrial Development Agency:

The Chenango County Industrial Development Agency (CCIDA) is a corporate governmental agency and public benefit corporation authorized to issue Industrial Revenue Bonds (IRB’s) at low interest rates for the acquisition, construction and reconstruction of manufacturing, warehousing, industrial, research, commercial, recreation, and pollution control projects.

The CCIDA owns and operates an 18,000 sq. ft. industrial incubator building built in 1990 which it leases for manufacturing, and the Earl B. Clark Business Park in North Norwich, a 40 acre Greenfield Industrial Park adjacent to Route 12. Additionally, the Bainbridge Industrial Development Corporation is developing an industrial park in Bainbridge, NY along the I-88 corridor. Other non-CCIDA parks are developing in the village of Greene, Oxford and the Town of Sherburne (with all Village of Sherburne utilities including municipal owned electric service.)



Chenango County Area Corporation:

The lead Economic Development organization for Chenango County, the Chenango County Area Corporation, a non-profit corporation working directly in retention and creation of jobs in Chenango County through business growth in all sectors.

The CCAC offers three revolving loan funds:

1. An industrial fund to finance industrial construction, manufacturing equipment and inventory where jobs are being created.
2. A Commercial District Revolving Loan Trust Fund for new and existing businesses. Monies are available to be used for working capital and fixed assets.
3. A historic preservation façade loan program for commercial and non-profit buildings being renovated to maintain their historic integrity.

The CCAC owns and operates for economic development purposes, a 209,000 sq. ft. administrative office and light manufacturing complex in the City of Norwich known as The Eaton Center.



Greater Norwich Empire Zone:


A program targeted to attract and encourage business growth in the Greater Norwich area. The zone offers vacant land, existing prime industrial and commercial buildings, skilled workers and ample power and water. Not to mention incentives such as tax credits, tax abatement and utility rate savings. The zone is administered by The Chenango County Area Corporation. For more information on the Empire Zone, click here... The Greater Norwich EZ.

Other Development Organizations:
Empire State Development Corporation
New York State Business Development Corporation
New York State Environmental Facilities Corporation
Other Local Development Corporations—Consult the Chenango County Chamber of Commerce

Source: Chenango County IDA/Area Corp

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