2009-K100

Congratulating Pathfinder Bank upon the occasion of celebrating its 150th Anniversary in 2009

Sponsored By

text

2009-K100


LEGISLATIVE RESOLUTION congratulating Pathfinder Bank upon the occasion
of celebrating its 150th Anniversary in 2009

WHEREAS, Organizations which serve the economic well-being and interests
of the people of this great Empire State merit the commendation of this
Legislative Body; and
WHEREAS, Attendant to such concern, and in full accord with its long-
standing traditions, this Legislative Body is justly proud to congratu-
late Pathfinder Bank upon the occasion of celebrating its 150th Anniver-
sary in 2009; and
WHEREAS, The Pathfinder Bank traces its origins to the Oswego City
Savings Bank, the oldest savings bank in Oswego County incorporated in
March 1859; the bank was established pursuant to a measure passed by the
New York State Legislature and signed into law as Chapter 28 of the Laws
of 1859; and
WHEREAS, Opening its doors for business on May 28, 1859, the Oswego
City Savings Bank prospered and its assets increased to a total of more
than one million dollars before the turn of the 20th century; and
WHEREAS, In 1995, the Oswego City Savings Bank became a stock-held
institution and formed Pathfinder Bancorp Inc. as a mutual holding
company; it officially changed its name to Pathfinder Bank on November
29, 2000; and
WHEREAS, Under the able leadership of its President and Chief Execu-
tive Officer, Thomas W. Schneider, Pathfinder Bank provides competitive
advantages which include: a strong knowledge of the needs of its market;
a personal relationship with its customers; direct access to and avail-
ability of all its decision makers; an array of products and services
which allow it to fully provide for its customers' financial needs; and
an interdependence on the growth and success of its market area; and
WHEREAS, A primary factor in the longevity of Pathfinder Bank is the
fact that it is a tremendous supporter of the community it serves; the
Bank is a known corporate sponsor of non-profit organizations, community
activities and service groups; and
WHEREAS, Over the years, Pathfinder Bank has encouraged its employees
to support local community groups in a variety of ways, including
service on Boards of Directors and in capital campaigns; these groups
include: the Salvation Army, Habitat for Humanity, United Way, Literacy
Volunteers, SUNY Oswego, and the Oswego YMCA, Oswego Hospital, and Oswe-
go Library, among many others; and
WHEREAS, On December 20, 2008, as the kickoff of Pathfinder Bank's
2009 sesquicentennial celebration, the bank provided for a free screen-
ing of the Christmas classic movie "It's a Wonderful Life" at the Oswego
Cinema 7; and
WHEREAS, It is the sense of this Legislative Body that when organiza-
tions of such noble aims and accomplishments which have made significant
contributions to the economic success and quality of life in communities
throughout the State of New York are brought to our attention, they
should be recognized by all the citizens of this great Empire State;
now, therefore, be it
RESOLVED, That this Legislative Body pause in its deliberations to
congratulate Pathfinder Bank upon the occasion of celebrating its 150th
Anniversary in 2009; and be it further
RESOLVED, That a copy of this Resolution, suitably engrossed, be tran-
smitted to Thomas W. Schneider, President and Chief Executive Officer,
Pathfinder Bank.

actions

  • 02 / Feb / 2009
    • ADOPTED

Resolution Details

Law Section:
Resolutions, Legislative

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.