What's happening
This resolution congratulates Pioneer Bank for being named a 2016 honoree by KIDS COUNT! at its 17th Annual Testimonial Dinner.
Why it matters
Highlights the importance of mutual banks. Pioneer Bank’s recognition underscores the unique role of mutual banks, which prioritize customers and community over investors, a model now rare in the Capital Region.
Acknowledges community impact. The resolution draws attention to how financial institutions can be engines for local growth, job creation, and social support, reinforcing the value of banking models that reinvest in their neighborhoods.
Connects business with youth and education. By honoring Pioneer Bank at a KIDS COUNT! event, the resolution emphasizes the link between corporate responsibility and support for youth programs, recreation, and educational opportunities in the region.
Celebrates longstanding local commitment. The resolution points to Pioneer Bank’s historical continuity and adaptability, showing how enduring local institutions can help stabilize and enrich communities through changing times.
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Honor Pioneer Bank Award
Plain English, a few words. Used as the page title.
Sponsors
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History
- Adopted
- Reported to calendar for consideration
- Referred to finance
Full text
1 pageUnderlined is new[Struck] is removedOfficial text on nysenate.gov ↗
Senate Resolution No. 59 BY: Senator BRESLIN CONGRATULATING Pioneer Bank upon the occasion of being named a 2016 honoree by KIDS COUNT! at its 17th Annual Testimonial Dinner on September 17, 2016 WHEREAS, It is the custom of this Legislative Body that the… Show allHide
Senate Resolution No. 59 BY: Senator BRESLIN CONGRATULATING Pioneer Bank upon the occasion of being named a 2016 honoree by KIDS COUNT! at its 17th Annual Testimonial Dinner on September 17, 2016 WHEREAS, It is the custom of this Legislative Body that the quality and character of life in this great Empire State is indelibly enriched by the faithful efforts of those financial institutions and their leadership who devote their purpose to promoting economic vitality and service the public need; and WHEREAS, Attendant to such concern, and in full accord with its long-standing traditions, this Legislative Body is justly proud to congratulate Pioneer Bank upon the occasion of being named a 2016 honoree by KIDS COUNT! at its 17th Annual Testimonial Dinner to be held at the Watervliet Elks Club on Saturday, September 17, 2016; and WHEREAS, Prior to the dinner, Coach Mike Deane will lead his annual Basketball Clinic at the Watervliet Dome, a free event open to both boys and girls of all skill levels; and WHEREAS, KIDS COUNT! is a nonprofit organization which raises funds to enhance the lives of children through recreational, cultural, and educational programs in Watervliet, New York and the Capital Region; and WHEREAS, Founded in 1889, Pioneer Bank was established to serve the city of Troy, New York and its residents; at that time, banks were created for the people of the community, to promote savings, encourage home ownership and provide financial support to help people build a better life; and WHEREAS, These were the principles behind the mutual bank model; a financial institution whose management decisions were made for the good of the customer and whose success benefited the entire community; and WHEREAS, Over the next 100 years, Pioneer Bank continued to grow, expanding its capabilities and reach, but always with the same values and a deep respect for the founding principles; and WHEREAS, From a single office open one evening a week, to constructing a new Headquarters, Pioneer Bank reached out to serve a larger community and create more jobs and opportunities for its neighbors; and WHEREAS, Many other banks followed a different model, guiding their business to provide financial returns for investors and stockholders; Pioneer Bank held firm to its belief that the customer, the employees and the community should come first; and WHEREAS, Currently, Pioneer Bank is the only mutual bank serving the Capital Region of New York, a proud distinction that sets it apart from other banks; this vital institution offers its customers a comprehensive array of products and services, with competitive rates and the latest banking options; and WHEREAS, Pioneer Bank has a suite of sophisticated, secure and easy to use eBanking tools, mobile banking apps and other tools to help customers save time and do more with their money; there are branch offices and ATMs throughout the area, some which offer special services to fill community needs; and WHEREAS, Pioneer Bank continues as a cornerstone within the Troy community; it is a leader in local lending, with fast, local decisions from people who know the area and go beyond expectations to make the deal happen; and WHEREAS, This Legislative Body looks favorably upon the strong role which institutions such as Pioneer Bank play in strengthening the social and economic fabric of our communities through providing growth opportunities for citizens and businesses; now, therefore, be it RESOLVED, That this Legislative Body pause in its deliberations to congratulate Pioneer Bank upon the occasion of being named a 2016 honoree by KIDS COUNT! at its 17th Annual Testimonial Dinner; and be it further RESOLVED, That a copy of this Resolution, suitably engrossed, be transmitted to Pioneer Bank.
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