PIONEER BANCORP INC/NY (PBFS)

Company Profile

Pioneer Bancorp, Inc. (New York) operates as a two-tier mutual holding company for Pioneer Bank. The company is headquartered in Albany, New York and currently employs 243 full-time employees. The company went IPO on 2019-07-18. The Bank operates approximately 22 retail banking offices in Albany, Greene, Rensselaer, Saratoga, Schenectady and Warren Counties in New York. The firm accepts deposits from the general public and municipalities and uses those funds along with advances from the Federal Home Loan Bank of New York and funds generated from operations to originate commercial real estate loans, commercial and industrial loans, commercial construction loans and home equity loans and lines of credit and, to a lesser extent, consumer loans. The company also invests in securities, which consist primarily of U.S. Government and agency obligations, municipal obligations and Federal Home Loan Bank of New York stock. The company also offers a variety of deposit accounts, including demand accounts, savings accounts, money market accounts and certificate of deposit accounts.

Company Info

PIONEER BANCORP INC/NY

652 Albany Shaker Rd

Albany NEW YORK 12211

P: 15187303999

CEO: Thomas L. Amell

Employees: 243

Website: https://investors.pioneerny.com/