Pathfinder Bank

About Pathfinder Bank

The story begins in 1859 in Oswego, New York, when a group of local business leaders founded Oswego City Savings Bank to promote savings and homeownership in their community. For decades, the bank grew alongside the community it served, reaching $1 million in assets by 1894. A pivotal moment arrived in 1995 when the institution, then known as Oswego City Savings Bank, converted from a mutual savings bank to a stock-held institution. This included an initial public offering at $7.50 per share, a strategic move allowing it to raise capital for expansion. Five years later, in 2000, the bank officially changed its name to Pathfinder Bank, reflecting a broader service area. The 21st century marked a period of significant technological and physical growth. Pathfinder launched its website in 1999 and introduced online banking in 2001. The bank holding company, Pathfinder Bancorp, Inc., completed a major reorganization in 2014, shifting from a two-tier mutual holding company to a stock holding company structure to better access capital markets. This fueled further expansion, including acquisitions and the opening of new branches across Central New York.