Pathfinder Bancorp, Inc. declares dividend


OSWEGO, NY, December 20, 2021 (GLOBE NEWSWIRE) – Thomas W. Schneider, president / CEO of Pathfinder Bancorp, Inc., the banking holding company of Pathfinder Bank (NASDAQ: PBHC) (List: PathBcp), announced that the Company declared a cash dividend of $ 0.07 per share on the voting and non-voting common shares of the Company, and a cash dividend of $ 0.07 per notional share for the warrant issued relating to the fiscal quarter ending December 31st, 2021. The dividend will be payable to all shareholders of record on January 14e, 2022 and will be paid on February 4e, 2022.

About Pathfinder Bancorp, Inc.
Pathfinder Bank is a New York State chartered commercial bank headquartered in Oswego, with deposits insured by the Federal Deposit Insurance Corporation. The Bank is a wholly owned subsidiary of Pathfinder Bancorp, Inc. (NASDAQ SmallCap Market; Symbol: PBHC, Listing: PathBcp). The Bank has ten full-service offices located in its market areas consisting of Oswego and Onondaga County and one limited-purpose office in Oneida County.

This press release may contain certain forward-looking statements, which are based on management’s current expectations regarding economic, legislative and regulatory matters that could affect the earnings of the Company in future periods. Factors that could cause future results to vary materially from management’s current expectations include, but are not limited to, general economic conditions, changes in interest rates, deposit flows, loan demand, real estate values and competition; changes in accounting principles, policies or guidelines; changes in laws or regulations; and economic, competitive, government, regulatory and technological factors affecting the Company’s operations, prices, products and services.

CONTACT: Thomas W. Schneider, President and CEO, (315) 343-0057


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