Thomas W. Schneider, president and CEO of Oswego–based Pathfinder Bank, has been selected to serve as treasurer of the New York Bankers Association (NYBA).
“Our industry is changing rapidly and it is important for us to have the type of expertise and experience that Tom has to help guide us toward the future,” Michael P. Smith, president and CEO of the New York Bankers Association, said in a news release.
Schneider has been Pathfinder Bank’s chief executive since January 2000. He has worked at the bank since April 1988 and previously served as CFO and as controller. Schneider has spent his entire 28-year career in the financial-services industry — previously working at Merrill Lynch & Co., American Express, and J. Henry Schroeder Bank and Trust.
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“The New York Bankers Association has consistently done an outstanding job of providing advocacy and education, and promoting areas of common ground for its member banks and the banking industry,” Schneider said in a news release. “I am honored to be asked and accept such a vital role in our association.”
Schneider received his MBA from Fairfield University in Connecticut in 2002 and his bachelor’s degree in economics from Cortland State University in 1983. He serves as an adjunct professor at Oswego State University, teaching a graduate-level finance course, “Management of Financial Institutions: A Risk Based Approach,” in the School of Business.
Pathfinder Bancorp, Inc. (NASDAQ: PBHC), holding company for Pathfinder Bank, earned $2.6 million, or 87 cents a share, in 2012, up from $2.3 million, or 52 cents, in 2011. Pathfinder has total assets of $478 million and eight branches in Oswego and Onondaga counties.
The NYBA is comprised of commercial banks and thrift institutions that engage in the banking business in New York state. Its members have aggregate assets exceeding $10 trillion and employ more than 200,000 people in New York.
Contact Rombel at arombel@cnybj.com
