Skip to main content
Enter search terms below…

Member News

Pioneer Bank to Launch the Pioneer Bank Foundation



Eric Anderson, TimesUnion.com

Pioneer Bank announced plans to establish a charitable foundation to focus on the needs of children in the Capital Region, CEO Thomas Amell said.

"The mission is centered on the theme of 'helping kids be kids'," Amell said, focusing on meeting their needs with education, nutrition, shelter and clothing.

Pioneer's employees are providing the seed money to establish the foundation through payroll deductions, Amell said, with the bank matching dollar for dollar their contributions. 

A board composed of community members will determine how the money is distributed. Pioneer, based in Colonie, will cover all administrative and related expenses.

The idea of a charitable foundation originated with employees during meetings with Amell.

"Over the last five years we've had a great success in growing our bank," he said. "Establishing a charitable foundation was one of the ways to give back to the community."

Instead of funding charitable support as an expense, establishing the charitable foundation "makes it part of our business model," Amell said. "Our goal is to have 100 percent participation from our employee base. Whatever that number ends up being, Pioneer will match it dollar for dollar."

He also foresees the foundation supporting local causes already endorsed by the bank's business clients. Pioneer will manage the foundation's assets, he said.

More than 150 holiday cards, created by lower, middle and upper school students and faculty from The Doane Stuart School, were presented last week to William and Ellen Niemiec from the Gerald O’Neil Post #1683 in Rensselaer, NY.  Over the course of a week, students were offered the chance to make their own holiday cards for veterans and active…
St. Peter’s Health Partners (SPHP) has earned Integrated Care Certification from The Joint Commission. The certification demonstrates SPHP’s focus on improving care coordination across the continuum of care, particularly as it relates to information sharing, transitions of care, hand-off communications, and other key activities impacting patients…
TroyRecord.com Governor Andrew M. Cuomo recently announced $29.6 million in state funding has been awarded to eight projects that will provide homeless veterans, survivors of domestic violence and individuals with mental illness with permanent housing and support services, including St. Paul's Center in the city of Rensselaer. "These projects will…
Dec
12
We’re giving thanks for our members by offering an exciting contest for two members to win customized Chamber marketing packages valued at $1,500 each! It…
Register By 12 p.m.
Dec
13
Join the festivities at our most popular, last NetworkingPlus event of 2018. Get connected, develop leads and build relationships at this fast-paced…
11:30 a.m. Check-in & Luncheon; 12 - 1:15 p.m. Networking
Jan
09
Find out what’s ahead in 2019 for Rensselaer County and the status of significant local economic development initiatives. Attend the annual State of the…
7:30 a.m. Check-In & Breakfast; 8-9 a.m. Remarks & Q&A