Pathfinder Bancorp, Inc. signs agreement to acquire East Syracuse Branch of Berkshire Bank
Acquiring Company
Pathfinder Bancorp
Acquired Company
Berkshire Hills Bancorp
Oswego CountyUnited StatesFinancial ServicesFinanceLendingBankingFinanceBankingDescription
Pathfinder Bancorp, Inc. has announced the signing of a branch purchase and assumption agreement with Berkshire Bank, under which Pathfinder Bank will acquire the East Syracuse, New York branch of Berkshire Bank. The acquisition is set to strengthen Pathfinder's local presence, improve its liquidity profile, and offer a comprehensive range of consumer and business services to an expanded market area.
Quick answer
Pathfinder Bancorp is acquiring Berkshire Hills Bancorp, announced March 4, 2024. Pathfinder Bancorp is based in Oswego County, New York, United States.
- How much did Pathfinder Bancorp pay for Berkshire Hills Bancorp?
- The deal value was not disclosed.
- What does Pathfinder Bancorp do?
- Pathfinder Bancorp, Inc. is a community-based financial institution that has been serving its local markets since 1859.
- Where are Pathfinder Bancorp and Berkshire Hills Bancorp based?
- Pathfinder Bancorp is based in Oswego County, New York, United States. Berkshire Hills Bancorp is based in United States.
- Who are the decision-makers at Pathfinder Bancorp?
- Fundz holds 1 contact at Pathfinder Bancorp. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who to call at Pathfinder Bancorp, and when
When Pathfinder Bancorp changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
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- The decision-makers there, with verified emails
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Frequently asked
Who acquired Berkshire Hills Bancorp?
Berkshire Hills Bancorp was acquired by Pathfinder Bancorp, based in Oswego County. The deal was reported on March 4, 2024. Pathfinder Bancorp, Inc. is a community-based financial institution that has been serving its local markets since 1859. Pathfinder Bancorp is publicly traded (PBHC) and operates in Financial Services.
When did Pathfinder Bancorp acquire Berkshire Hills Bancorp?
Pathfinder Bancorp's acquisition of Berkshire Hills Bancorp was reported on March 4, 2024. Pathfinder Bancorp, Inc. has announced the signing of a branch purchase and assumption agreement with Berkshire Bank, under which Pathfinder Bank will acquire the East Syracuse, New York branch of Berkshire Bank. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Berkshire Hills Bancorp do?
Berkshire Bank is a financial institution with a branch located on 6611 Manlius Center Road in East Syracuse, New York. It is privately held, operating in Finance, and is based in United States.
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