Pioneer Bank Appoints Frank Dyer as Vice President of Wealth Development
February 13, 2017 at 03:29 pm EST
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Pioneer Bank has hired Frank Dyer to lead its growing wealth management team as vice president of wealth development. It's a new position for Pioneer Bank after creating Pioneer Wealth Management in 2015. Dyer, who started the job in January, is coming to Pioneer Bank during a time when the Albany, New York, bank is expanding aggressively in the area. Dyer was most recently with Wells Fargo Advisors, where he spent eight years as a complex manager. That job had Dyer overseeing 140 employees in eight locations, with more than $6 billion in assets under management.
Pioneer Bancorp, Inc. operates principally through its wholly owned subsidiary, Pioneer Bank (the Bank), a New York state chartered savings bank. The Bank operates approximately 22 retail banking offices in Albany, Greene, Rensselaer, Saratoga, Schenectady and Warren Counties in New York. The Company accepts deposits from the general public and municipalities and uses those funds along with advances from the Federal Home Loan Bank of New York and funds generated from operations to originate commercial real estate loans, commercial and industrial loans, commercial construction loans and home equity loans and lines of credit and, to a lesser extent, consumer loans. It also invests in securities, which consist primarily of U.S. Government and agency obligations, municipal obligations and Federal Home Loan Bank of New York stock. It also offers a variety of deposit accounts, including demand accounts, savings accounts, money market accounts and certificate of deposit accounts.
PIONEER BANCORP, INC. 
