Pathfinder Bank /
Berkshire Bank
Pathfinder Bank to acquire Berkshire Bank branch and related assets
What happened
Pathfinder Bank agreed to acquire the East Syracuse, New York branch of Berkshire Bank, including its facility and associated assets. The transaction includes approximately $198 million in deposits and certain consumer and residential loans with outstanding balances of roughly $32 million.
The purchase is subject to regulatory approval, associated system conversions, and customary closing conditions. Terms weren't disclosed.
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Pathfinder Bank to acquire Berkshire Bank branch and related assets
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