10:48 AM EDT, 07/22/2024 (MT Newswires) -- Pathfinder Bancorp ( PBHC ) said Monday that Pathfinder Bank has closed its acquisition of the East Syracuse, New York branch of Berkshire Bank, the banking subsidiary of Berkshire Hills Bancorp ( BHLB ) .
Pathfinder said it assumed roughly $186 million in deposit liabilities and acquired about $30 million in loans with the deal.
Pathfinder shares were up 2.9% in recent trading, while Berkshire Hills fell 2.6%.
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