![]() ![]() (4) substantial noncompliance in meeting community credit needs. (3) needs to improve record of meeting community credit needs and (2) satisfactory record of meeting community credit needs (1) outstanding record of meeting community credit needs ![]() The numerical scores represent an assessment of CRA performance as follows: Section 76.5 further provides that the Banking Department will prepare a written report summarizing the results of such assessment and will assign to each institution a numerical CRA rating based on a 1 to 4 scoring system. Part 76 establishes the framework and criteria by which the Department will evaluate the performance. ![]() Part 76 of the General Regulations of the Banking Board implements Section 28-b and further requires that the Banking Department assess the CRA performance records of regulated financial institutions. Section 28-b of the New York State Banking Law, as amended, requires that when evaluating certain applications, the Superintendent of Banks shall assess a banking institution’s record of helping to meet the credit needs of its entire community, including low- and moderate-income (“LMI”) areas, consistent with safe and sound operations. The evaluation represents the Banking Department’s current assessment and rating of the institution’s CRA performance based on an evaluation conducted as of December 31, 2008. They also offer employer-based programs for health benefits through carriers such as Excellus, UnitedHealthcare, MVP, Aetna, MetLife as well as Aflac and Colonial.GENERAL INFORMATION This document is an evaluation of the Community Reinvestment Act (“CRA”) performance of Pathfinder Bank (“Pathfinder”) prepared by the New York State Banking Department. ![]() The agency represents Travelers, Hartford, Adirondack Insurance, Harleysville, Progressive and many other insurance carriers. The agency is located at 44 East Bridge Street, Suite 1 in Oswego, New York and provides both personal and business insurance products. The Bank has eight full-service offices located in Oswego, Fulton, Mexico, Lacona, Central Square, and Cicero.įitzgibbons Agency is an Independent Insurance Agency, founded in 1922 by George FitzGibbons. Pathfinder Bank is a New York State chartered savings bank headquartered in Oswego, whose deposits are insured by the Federal Deposit Insurance Corporation. "The end result will be one that provides both of our customer bases with expanded products, services and an enhanced customer-centric experience." "We're very enthusiastic about the shared vision that has brought FitzGibbons Agency and Pathfinder Bank together," said FitzGibbons. "We're extremely pleased to have partnered with a group of individuals and a company that share our common goals and business philosophies as it relates to the customer experience."Īccording to John FitzGibbons, owner of the FitzGibbons Agency, their business relocated to the Pathfinder 44 Business Center at 44 East Bridge Street in Oswego on April 1 st. "We believe this new joint venture provides both Pathfinder Bank and FitzGibbons Agency the opportunity to leverage the platform of success that has been built upon each of our respective business models," said Schneider. The newly formed alliance will combine 150 years of banking experience, with nearly 90 years of insurance expertise. Schneider, president and CEO of Pathfinder Bank. OSWEGO, NY-(Marketwire - Apr 27, 2011) - Pathfinder Bank has formed a strategic partnership with Oswego-based insurance group, FitzGibbons Agency, according to Thomas W. ![]()
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