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Pioneer Announces Strategic Expansion of Employee Benefits Division with the Acquisitions of Reiser Consulting Group, Inc. and Wyndham Benefits, LLC



Theresa Reiser named Vice President of Employee Benefits to oversee the expanded division; acquisitions advance Pioneer’s More Than a Bank™ strategy

Albany, NY – Pioneer (NASDAQ: PBFS)a leading financial institution in New York’s Capital Region, today announced an  expansion of its employee benefits business with the acquisitions of Reiser Consulting Group, Inc. of Albany, NY,  owned by Theresa Reiser, and Wyndham Benefits, LLC of Ballston Spa, NY, owned by Chris Goodness. Both acquisitions were effective on April 20, 2026.

Together, the transactions double the size of Pioneer’s Employee Benefits division and are expected to strengthen its ability to deliver expanded services and product offerings for both current and prospective clients throughout the region.

As Vice President of Employee Benefits, Ms. Reiser will lead Pioneer’s expanded Employee Benefits division, oversee client strategy, and guide the integration of both incoming books of business. Mr. Goodness will continue serving the clients he worked with while leading Wyndham Benefits, bringing his 30+ years of experience to Pioneer.

“We’re excited to welcome Theresa Reiser and Chris Goodness to Pioneer as we strategically expand our Employee Benefits division,” said Tom Amell, President and CEO of Pioneer. “Theresa brings deep industry expertise, trusted relationships, and a leadership style that aligns perfectly with Pioneer’s commitment to putting clients first. Combined with Chris’s decades of experience and extensive industry knowledge, we’re well positioned to accelerate growth and deliver even greater value to employers across the region.”

“I’m thrilled to join Pioneer during such an exciting period of growth,” said Theresa Reiser. “Pioneer’s culture, resources, and commitment to doing what’s right for clients align deeply with the way I’ve always approached this work. Together, I’m excited to expand our ability to help employers provide comprehensive benefits to their workforce.”

This expansion is intended to build on the momentum of Pioneer’s growing, diversified suite of products and services, including the recent launches of its Human Resources Consulting division; and its broker‑dealer subsidiary, Pioneer Capital Markets, further strengthening Pioneer’s impact across the Capital Region and beyond.

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