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.

The College of Saint Rose is proud to announce that President Carolyn J. Stefanco has been named chair of the American University in Bulgaria (AUBG) Board of Trustees. President Stefanco has served as a member of the AUBG Board since 2016.  “It is a great honor to be elected chair of the AUBG Board, and to play a leadership role for this fine…
As part of the 50th anniversary programming and celebration, MACSC is hosting an Economic Impact Luncheon on Thursday June 13th at Park Tavern to showcase real time impact MACSC has on the community. C.J. DeCrescente will address the importance of fostering partnerships between non-profits and the business community as a call to action for…
Poughkeepsie, N.Y. (June 12, 2019) – The Chazen Companies is pleased to welcome the addition of two new employees to its expanding Construction Services team in Troy and Glens Falls. Jeffrey Mancini joined Chazen as a Senior Construction Inspector. Mancini has over 32 years of experience in the civil engineering industry, including project…
Jun
20
A representative from the Small Business Development Center (SBDC) will be available at the Chamber office.  This service is available to all businesses…
8:30 a.m. - 5 p.m.
Jun
20
Designed for Chamber members looking to maximize their investment by getting engaged and connected with the business community. Whether you’re a new or…
7:30 a.m. Check-in; 8-9 a.m. Benefits Overview & Networking
Jun
27
Spectacular views on a summer evening combine with purposeful networking for a special after hours event at the award-winning Country Club of Troy. This…
5:30-8:30 p.m. Networking; 5:30-7 p.m. Learn To Golf Breakouts