![]() ![]() The acquisition/merger was finalized in May 2016 and today PathFinder Bank is New York’s 52 nd largest bank, with assets in excess of $930 million and more than 33,600 customer accounts. (The restated Organization Certificate is in conjunction with the proposed merger of Pathfinder Bank with and into Pathfinder Commercial Bank under the name, Pathfinder Bank.) #Pathfinder bank full#In March 2016, New York State’s Department of Financial Services Weekly Banking Bulletin announced,Īpproval given in principle to the restated Organization Certificate of Pathfinder Bank, providing for the expansion of powers to those of a full service bank with trust powers. The Bank’s name was officially changed to PathFinder Bank in 2000. ![]() In 1995, Oswego City Savings Bank became a stock held institution (initial public offering of $7.50) and formed Pathfinder Bancorp Inc. While the Bank has been using the PathFinder name for only 19 years, the Bank’s history began in 1859, when the Oswego City Savings Bank was incorporated. Please refer to our financial overview of PathFinder Bank (FDIC Certificate # 57497) for more details. In the past year, PathFinder Bank has increased its total non-brokered deposits by $31.87 million, an excellent annual growth rate of 5.45% (not a typo). PathFinder Bank has an overall health grade of "A" at, with a Texas Ratio of 3.54% (excellent), based on Decemdata. ![]()
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