Pathfinder Bancorp Announces Receipt Of Regulatory Approvals For Acquisition Of Berkshire Bank East Syracuse Branch
Portfolio Pulse from Benzinga Newsdesk
Pathfinder Bancorp, Inc. (NASDAQ:PBHC) has received regulatory approvals to acquire the East Syracuse branch of Berkshire Bank. The approvals were granted by the New York State Department of Financial Services and the Federal Deposit Insurance Corporation.
June 13, 2024 | 4:02 pm
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Pathfinder Bancorp has received regulatory approvals to acquire the East Syracuse branch of Berkshire Bank. This acquisition is likely to expand Pathfinder's market presence and customer base.
The regulatory approvals are a significant step towards completing the acquisition, which is expected to enhance Pathfinder's market presence and customer base. This is likely to have a positive short-term impact on PBHC's stock price.
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