Pioneer News





What are you looking for?

Pioneer Updates, In the Community, Charitable Foundation
02/14/2024
"Jenifer Marten joined the Capital Region financial institution in early January as vice president and business banking team leader."
Pioneer Updates
02/08/2024
"The results are for the three months that ended Dec. 31, which is the company's fiscal second quarter."
Pioneer Updates
02/14/2024
"Pioneer Bancorp Inc., a leading financial institution in New York's Capital Region, today reported the results for the three and six months ended Dec. 31, 2023, which is the second quarter of Pioneer's fiscal year ended June 30, 2024."
Pioneer Updates
02/19/2024
"Pioneer Bancorp has appointed Jenifer Marten as the company’s vice president and business banking team leader."
Pioneer Updates
02/27/2024
“The Lofts at Frog Alley, a 74-unit apartment complex in downtown Schenectady, sold for $18 million in a deal that included a restructuring of the debt for the five-story, mixed-use building on lower State Street.”
Pioneer Updates
03/20/2024
“Built by Troy Gas Company, the four-story Neoclassical building at 21 2nd St. in Troy has evolved from an elegant appliance showroom into a historic banking branch.”
Pioneer Updates
04/19/2024
“On Friday, a parking lot off Wolf Road turned into a makeshift assembly line. Volunteers sawed, sanded and cut lumber, putting together dozens of beds for area children.”
In the Community, Charitable Foundation
04/19/2024
“More than 50 employees from Pioneer spent the day in the parking lot outside company headquarters in Colonie building beds for children in need.”
In the Community, Charitable Foundation
04/22/2024
“More than 60 employees of Pioneer spent the weekend drilling and assembling bed frames.”
In the Community, Charitable Foundation
04/24/2024
“Working in the parking lot of Pioneer’s headquarters on Albany Shaker Road in Colonie, employees spent April 19 constructing approximately 40 new beds.”
In the Community, Charitable Foundation
05/07/2024
“Updated locations, together with the recent acquisition of Hudson Financial, underscore Pioneer’s strategic investment in the southern part of its footprint.”
Pioneer Updates
05/05/2024
"Pioneer’s Nicole Reaulo and Kathleen Davila sat down with Amanda Blanton, ARCC Vice President, Marketing & Communications to discuss the Pioneer Charitable Foundation."
In the Community, Charitable Foundation, Pioneer Updates
05/01/2024
Pioneer Bancorp, Inc., a leading financial institution in New York’s Capital Region, today reported the results for the three and nine months ended March 31, 2024, which is the third quarter of Pioneer’s fiscal year ending June 30, 2024. "
Pioneer Updates
05/09/2024
"The installation of new furniture, flooring, paint, signage, and improvements to employee areas represents an investment of more than $130,000, and... underscores Pioneer’s intent to grow its presence and impact in the southern part of its footprint."
Pioneer Updates
05/06/2024

"Pioneer has unveiled remodeled branches in two Greene County locations. The bank has spent more than $130,000 to install new furniture, flooring, paint, signage and make improvements to employee areas."

Pioneer Updates
06/10/2024

"The Pioneer Charitable Foundation’s annual mini-golf tournament is set for Thursday, June 13, at Pirate’s Hideout on Guideboard Road in Waterford."

Charitable Foundation
05/22/2024

"Pioneer has released its first-ever Community Impact Report, which highlights the wide reach and significant impact of the Pioneer Charitable Foundation since its inception in 2018."

In the Community, Charitable Foundation, Pioneer Updates
06/15/2024

"Were you Seen at the Pioneer Charitable Foundation’s Mini-Golf Tournament on June 13, 2024, at Pirate’s hideout in Waterford?"

Charitable Foundation
06/28/2024
"In a unique feature of the program, the interns will participate in weekly professional development seminars and workshops."
Pioneer Updates
06/28/2024
"Pioneer has accepted 18 college students into its summer internship program. The students come from 13 colleges and universities nationwide."
Pioneer Updates
07/09/2024

"A 28-unit apartment complex in Cohoes sold for $2.27 million to investors from northern New Jersey who have purchased dozens of other rentals in the area this year... Pioneer provided the financing for the latest deal."

Pioneer Updates
07/16/2024
"Pioneer today announced that its Board of Directors appointed Charles Seifert, Ph.D. to its Board of Directors."
Pioneer Updates
07/17/2024
"Siena College President Charles Seifert has joined the board of directors of Colonie-based Pioneer Bancorp. Inc. (Nasdaq: PBFS), the holding company for Pioneer."
Pioneer Updates
07/22/2024
"Pioneer CEO Tom Amell sees opportunity for the Colonie-based financial institution to grow at the southern and northern ends of its current footprint."
Pioneer Updates
07/31/2024
"Pioneer Bancorp, Inc., today reported the results for its fourth quarter and fiscal year ended June 30, 2024."
Pioneer Updates
08/20/2024
"The business hadn’t received a loan since it opened, until applying for Pioneer’s Express Small Business Lending program, which allocated less than $40,000 to purchase the new grape press and pump."
Pioneer Updates
09/01/2024
"Pioneer employees assembled 183 backpacks with over 4,800 items collected during the past month from the financial services company’s 22 branches."
In the Community, Charitable Foundation
09/12/2024
“The Malta development is backed by an $8.4 million commercial mortgage from Colonie-based financial institution Pioneer, according to public filing.”
Pioneer Updates
09/13/2024

Stephanie Rivas of News 10 ABC recently spoke with Sarah Paris, Vice President – Bank Operations, about the Pioneer Charitable Foundation's Grand Carnival.

In the Community, Charitable Foundation
09/18/2024

"Businesses may be the biggest winners in light of Wednesday’s decision, said Thomas Amell, president and CEO of [Pioneer], which operates 22 branches in the greater Capital Region."

Pioneer Updates
09/16/2024

"Pioneer hosted its fifth annual Grand Carnival, welcoming 900 children, adults and families to Pioneer Plaza, and raising more than $60,000 to help local children in need."

In the Community, Charitable Foundation
09/16/2024

"Pioneer’s Express Small Business Lending is designed to rapidly provide capital to support the essential needs of small businesses."

Pioneer Updates
09/27/2024

"The event, conducted by the Pioneer Charitable Foundation, offered games, activities, food, and fun for the entire family."

In the Community, Charitable Foundation
09/26/2024

"Amid the consolidation of banking institutions regionally and nationally, it has become more difficult for small businesses to secure vital funding, particularly in amounts at this level. That is not an issue at Pioneer."

Pioneer Updates
10/09/2024
"A significant number of employees need to complete the surveys — and rate their workplace highly — for companies to qualify for the award."
Pioneer Updates
10/31/2024
"Pioneer Bancorp, Inc., today reported the results for the three months ended September 30, 2024."
Pioneer Updates
11/18/2024
"The event, for ages 5 to 10, was held by the University at Albany's College of Emergency Preparedness, Homeland Security and Cybersecurity in partnership with Pioneer."
In the Community
11/21/2024
"Jesse Tomczak, chief banking officer for Pioneer, which was founded in Troy 135 years ago, said the banking institution and its employees are proud to help sponsor the Troy Turkey Trot."
In the Community
11/23/2024
"Pioneer made a big splash by presenting a check for $20,000 for the Special Olympics -- $15,000 of it is set to support unified sports programs across the state."
In the Community, Charitable Foundation
11/30/2024
"Pioneer announced quarterly financial results for the period ending September 30, showing significant growth and a net income of $6.3 million.”
Pioneer Updates
12/02/2024
“Pioneer President and CEO Tom Amell said: 'As a homegrown institution that is fully invested in the growth and success of our region, Pioneer is delighted to support this wonderful community event.’”
In the Community
12/03/2024
“$100,000 going towards helping Capital Region children in need. Pioneer Bancorp, Inc. made that donation today on Giving Tuesday.”
In the Community, Charitable Foundation
12/04/2024
"20 $5,000 grants will go to 19 organizations that support children in need, with four of them supported by Pioneers with Purpose grants funded by donations from Pioneer employees.”
In the Community, Charitable Foundation
12/03/2024
"The Tuesday after Thanksgiving has become known as ‘Giving Tuesday,’ encouraging people all over the world to celebrate generosity. In total, Pioneer Bank donated a total of $100,000 to 20 local nonprofit organizations that help children in need.”
In the Community, Charitable Foundation
12/16/2024
"Led by a hearty group of employees, Pioneer made a major splash when the Polar Plunge to benefit Special Olympics New York (SONY) was held at Shepard Beach Park in Lake George on Saturday, November 23."
In the Community, Charitable Foundation








































01/17/2023
Watch News 10 ABC's segment on how you can take advantage of a home equity line of credit.
Pioneer Updates
01/31/2023
"Pioneer Bancorp, the parent company of Pioneer Bank, announced fiscal second quarter net income of $6.2 million."
Pioneer Updates
02/01/2023
"Pioneer wants to grow its wealth management division to $1 billion in assets under management in the next few years."
Pioneer Updates
02/06/2023
"The barn is historically relevant to the time period of the Underground Railroad. Purchased with a $75,000 loan from Pioneer, the financial group kickstarted a fundraising effort that’s underway."
Pioneer Updates
02/23/2023

"The Underground Railroad Education Center in Albany has plans to expand. Organizers say the expansion will have a positive impact on the Arbor Hill neighborhood."

Pioneer Updates
02/19/2023
"Now, with seed money from Pioneer Bank, and a fundraising campaign that is starting, [Mary Liz Stewart & Paul Stewart] are planning a museum-interpretive center and community space."
Pioneer Updates
03/05/2023
"Pioneer provided $2.4 million in financing toward the $3.7 million repurchase. The bank also helped finance the North Hoosick production facility and Walloomsac taproom."
Pioneer Updates
03/13/2023
"Banking leaders in the Albany region say the circumstances that led to the collapse of Silicon Valley Bank, and two others, were isolated incidents and that the region's banks remain strong."
Pioneer Updates
04/09/2023
"Pioneer has had a close relationship with Brown’s Brewing that goes beyond just the financing. The bank staff also has helped nurture the business and the Browns."
Pioneer Updates
04/15/2023
"Joseph Lindner, a senior wealth advisor for Pioneer Wealth Management, part of Pioneer Bank, says young investors should first look at their life as a business."
Pioneer Updates
04/20/2023
"Pioneer has hired Todd Shepersky as vice president and insurance agency manager to lead its insurance and benefits division — a new position for the Colonie financial institution."
Pioneer Updates
05/08/2023
"Pioneer Bank received $6 million in net income during the third quarter of their fiscal year. The third quarter ends on March 31 and their fiscal year ends on June 30."
Pioneer Updates
05/23/2023
"The purchase price of the building was $430,000 with a mortgage from Pioneer Bank for $344,000."
Pioneer Updates
06/20/2023
"Pioneer says this summer they have their largest and most diverse group of interns to date."
Pioneer Updates
07/11/2023
"The purchase of Altamont Physical Therapy, including property and equipment, was financed by Pioneer and the Al Tech Fund — a loan program administered by the Advance Albany County Alliance."
Pioneer Updates
07/16/2023
"Pioneer has acquired a Hudson wealth management firm that will push the Colonie-based bank over its goal of having $1 billion in assets under management."
Pioneer Updates
07/17/2023
"Pioneer, a leading financial institution in New York’s Capital Region, today announced it has acquired Hudson Financial LLC, an independent advisory firm based in Hudson, NY."
Pioneer Updates
07/18/2023
"Pioneer has acquired Hudson Financial, a money management firm based in Hudson."
Pioneer Updates
07/19/2023
"They spent the day volunteering at the Northern Rivers campus in Albany helping with the landscaping and the maintenance projects all around the human services organization’s property."
In the Community, Charitable Foundation
08/01/2023

 Accomplished executive with four decades of banking and management experience will provide leadership and expertise in all aspects pertaining to credit, ensuring the overall quality of Pioneer’s lending portfolio.

Pioneer Updates
08/01/2023
"Pioneer has hired James Murphy as executive vice president and chief credit officer to oversee the quality of the Colonie-based bank's commercial, residential and consumer lending portfolios."
Pioneer Updates
07/31/2023
"Stacks Espresso Bar, which only last week held the grand opening for its third location... is taking over the Wired Coffee & Bagel space on the back side of the Pioneer building at 652 Albany-Shaker Road in Colonie, near Wolf Road."
Pioneer Updates
08/15/2023
"The Pioneer Charitable Foundation will be packing up school supplies like pens, pencils, crayons, and notebooks into backpacks."
In the Community, Charitable Foundation
08/25/2023
"Pioneer Bank said its net income of $21.9 million for the fiscal year ending June 30 was up $11.7 million from the prior fiscal year."
Pioneer Updates
09/16/2023
"Pioneer Bank is hosting a carnival at Pioneer Plaza on Albany Shaker Road Saturday."
In the Community, Charitable Foundation
09/18/2023
"Pioneer Bank hosted more than 1,000 children and families at Pioneer Plaza for its fourth annual Grand Carnival."
In the Community, Charitable Foundation
09/16/2023
"The signature event conducted by the Pioneer Charitable Foundation, the Grand Carnival has now raised more than $115,000 in total over four years."
In the Community, Charitable Foundation
10/12/2023
"Pioneer is holding its All Together Forward Week. More than 200 employees will spend 500 hundred volunteer hours to assist 13 nonprofit organizations across the Capital Region."
In the Community, Charitable Foundation
10/16/2023
"Pioneer kicked off its first ever 'All Together Forward Week,' an unprecedented community service initiative that will engage more than 200 employees."
In the Community, Charitable Foundation
10/24/2023
"The new $26 million financing package was led by Pioneer with four other participants in the deal..."
Pioneer Updates
10/25/2023

"The 60 companies named as the 2023 Best Places to Work represent a variety of industries but share at least one thing in common: They've built a workplace in which employees feel engaged and energized at work."

Pioneer Updates
10/30/2023
Watch News 10 ABC's segment on the increase in mail theft-related check fraud.
Pioneer Updates
11/10/2023
"A free Lego challenge for children ages 6 to 10 took place Friday sponsored by University at Albany’s College of Emergency Preparedness, Homeland Security and Cybersecurity in partnership with [Pioneer]."
In the Community, Charitable Foundation
11/28/2023
"Five years after its formation, Pioneer’s Charitable Foundation has now reached $1.6M in giving, supporting more than 400 local organizations focused on ‘Helping Kids be Kids’."
In the Community, Charitable Foundation
11/27/2023
"Pioneer will mark Giving Tuesday by donating $20,000 to nonprofits."
In the Community, Charitable Foundation
11/28/2023
"Pioneer made four $5,000 donations to community non-profits. The bank is also collecting winter hats and gloves for kids in need."
In the Community, Charitable Foundation
12/01/2023
"Pioneer, marked the national observance of Giving Tuesday by presenting $20,000 in donations to support local nonprofit organizations working to enrich the health and welfare of children in need."
In the Community, Charitable Foundation
12/26/2023
"The parcels at 203 and 203A Wolf Road cost a combined $2.05 million, according to deeds filed in the Albany County clerk's office. Pioneer loaned $1.3 million to the buyer, 203 Wolf Road LLC."
Pioneer Updates
01/02/2024
"The sale closed last week after being under contract for six months. The property sold for $2.05 million. Pioneer provided a mortgage of about $1.5 million, according to county documents."

Pioneer Updates
01/03/2024
"Pioneer is seeking a charter change that its executives say would open up expansion opportunities and simplify the bank's regulatory obligations."
Pioneer Updates
01/29/2024
“Pioneer has invested heavily in security and fraud prevention, especially as the volume of consumer bank fraud increases across the country using more sophisticated methods than ever before.”
Pioneer Updates