Pathfinder Bancorp Agrees To Acquire The East Syracuse, New York Branch Of Berkshire Bank, Located On 6611 Manlius Center Road
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Pathfinder Bancorp has agreed to acquire the East Syracuse, New York branch of Berkshire Bank, including the facility, associated assets, approximately $198 million in deposits, and certain loans with balances of about $32 million.
March 04, 2024 | 10:05 pm
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Pathfinder Bancorp's acquisition of Berkshire Bank's branch could enhance its market presence in New York, adding approximately $198 million in deposits and $32 million in loans.
The acquisition is significant for Pathfinder Bancorp as it not only expands its geographical footprint but also increases its asset base with the addition of $198 million in deposits and $32 million in loans. This could potentially improve its financial stability and market competitiveness.
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