Pathfinder completes purchase of Berkshire Bank's East Syracuse branch; assumes $186M in deposits

Pathfinder Bancorp, Inc.

Assumed approximately $186M in deposit liabilities and acquired $30M in loans from Berkshire Bank's East Syracuse branch.
Branch conversion completed July 20-21, 2024; opened as Pathfinder branch on July 22.
Six former Berkshire Bank employees, led by Kim Ciarpelli, transitioned to Pathfinder.
Acquisition aligns with strategy to expand in Central New York region.

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