PathFinder Bank

Headquarters

214 West First Street
Oswego, NY 13126
See all branch locations →

Notable Rates	APY	Vs.Others
Savings	N.A.	4.75% →
1-Year CD	N.A.	4.59% →
2-Year CD	N.A.	4.25% →
5-Year CD	N.A.	4.30% →
30-Year Mortgage	N.A.	4.91% →
15-Year Mortgage	N.A.	4.39% →
HELOC	N.A.	0.99% →

Reviewed by Eric olson | March 25, 2023 |

Horrible bank. I’ve been months with not mortgage statements mailed to me. I contact them and no one knows why, but “they’re working on it”! It’s been two months already. Absolutely worst bank I’ve ever dealt with and I’m certainly considering filing a complaint with a BBB or attorney general.

Overview
Climate
Financial Details
FAQs
Reviews

2025 Overview

General Bank Information

PathFinder Bank is an FDIC insured institution located in Oswego, NY. It was founded in 1859 and has approximately $0.66 billion in assets. Customers can open an account at one of its 9 branches.


FDIC Insured	Yes
FDIC Certificate	# 15977
Date Established	1859
Assets	$ 606.36 million
Loans	$ 385.17 million
Deposits	$ 496.00 million
Capital	$ 62.62 million

For a more detailed analysis of PathFinder Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - February 21, 2025

Your Current Location: Ohio, OH 43085

Loan Rates - February 21, 2025

Your Current Location: Ohio, OH 43085

There are currently no loan rates available for PathFinder Bank

Please contact the bank for questions about their loan products. In the meantime you may wish to consider these offerings:

Featured - Ohio 30 Year Fixed Mortgage Rates 2025

Lender	APR	Rate (%)	Monthly Payment	Learn More
NMLS ID: 1835285	6.356%	6.250% 0.63 points $3,600 fees	$1,971	Learn More
NMLS ID: 2059741	6.507%	6.375% 0.75 points $4,442 fees	$1,997	Learn More
NMLS ID: 1025894	6.593%	6.490% 0.88 points $3,433 fees	$2,021	Learn More
NMLS ID: 6606	6.823%	6.740% 0.88 points $2,710 fees	$2,074	Learn More

See More Mortgage Rates →

Featured - Ohio Home Equity Line Of Credit Rates 2025

Lender	APR (%)^?	Monthly Payment^?	Learn More
Third Federal Savings and Loan See Table	Intro APR 6.990 % After Intro: 6.990 %	$0	Learn More More Info
Conditions… Variable APR of Prime minus 1.01% in all states. Min loan amount $10,000. Max loan amount $200,000. 30-year term. Annual fee waived for the first year. See conditions for guarantee at thirdfederal.com. Third Federal rate are typically 20% lower than other leaders Guaranteed Lowest Rate No closing costs, prepayment penalties, or minimum draw requirements 10 year draw period
Figure Home Equity See Table	Intro APR 7.350 % After Intro: 7.350 %	$15,000	Learn More More Info
Available APRs range from 6.60% - 14.15*, which includes the payment of a higher origination fee in exchange for a reduced interest rate, which is not available to all applicants or in all states.(the advertised APR includes a combined 0.25% discount for opting into a credit union membership (0%) and enrolling in autopay (0.25%) as well as payment of higher origination fee in exchange for a reduced rate, which is not available to all applicants or in all states). The lowest APRs are only available to the most qualified applicants, depending on credit profile and the state where the property is located, and those who also select five year loan terms; APRs will be higher for other applicants and those who select longer loan terms. Rates change frequently so your exact APR will depend on the date you apply. APRs for home equity lines of credit do not include costs other than interest. You will be responsible for an origination fee of up to 4.99% of your initial draw, depending on the state in which your property is located and your credit profile. You may also be responsible for paying the costs of valuation if an AVM is not available for your property ($180), manual notarization if your county doesn’t permit eNotary ($380), and recording fees ($0 - $315) and recording taxes, which vary by state and county ($0-$1,400 per one hundred thousand dollars borrowed). Property insurance is required as a condition of the loan and flood insurance may be required if your property is located in a flood zone. Flexible terms, borrow $15K-$400K, redraw up to 100% Use to consolidate debt or finance your next home project 100% digital app & automated valuation Largest non-bank HELOC lender in the US

See More Home Equity Rates →

Note to PathFinder Bank
To upload and update your bank's rates please register. It is free to register and add rates.

Branches

PathFinder Bank branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Columbus,Ohio

PathFinder Bank Locations around zip code 43085

Branch	Distance	Map	View Lobby Hours

View Branches Nationwide →

Climate Policy and Initiatives

PathFinder Bank is encouraged to provide us with this information. When we receive this information from the bank, we will provide it here.

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Financial Details

PathFinder Bank Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of PathFinder Bank. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio

PathFinder Bank	U.S. Bank Average
9.59%	4.62%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of September 30, 2024, PathFinder Bank had $6,067,000 in non-current loans and $465,000 in owned real estate. To cover these potential losses it had $62,618,000 in equity and $5,462,000 in loans loss reserves. That gives it a Texas Ratio of 9.59%.

Return on Equity

PathFinder Bank	U.S. Bank Average
3.84%	10.02%

PathFinder Bank has a Return on Equity of 3.84% versus the BestCashCow average of 10.02%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization

PathFinder Bank	U.S. Bank Average
10.33%	11.29%

PathFinder Bank has a Capitalization of 10.33% versus the BestCashCow average of 11.29. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

PathFinder Bank Balance Sheet Analysis

As of March 31, 2015, PathFinder Bank had assets of $664,638,000, loans of $385,171,000, and deposits of $495,997,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

September 30, 2024

ASSETS
Cash & Balances due from depository institutions	N.A.
Interest-bearing balances	N.A.
Total securities	N.A.
Federal funds sold and reverse repurchase	N.A.
Net loans and leases	$ 385.17 million
Loan loss allowance	$ 5.46 million
Trading account assets	N.A.
Bank premises and fixed assets	N.A.
Other real estate owned	$ 0.47 million
Goodwill and other intangibles	N.A.
All other assets	N.A.
Total Assets	N.A.

LIABILITIES
Total deposits	$ 496.00 million
Interest-bearing deposits	N.A.
Deposits held in domestic offices	N.A.
% insured (estimated)	0.00%
Federal funds purchased and repurchase agreements	N.A.
Trading liabilities	N.A.
Other borrowed funds	N.A.
Subordinated debt	N.A.
All other liabilities	N.A.
Total Liabilities	N.A.
Shareholders’ Equity	$ 606.36 million

Summary Income Statement

September 30, 2024

INCOME AND EXPENSES
Total Interest Income	N.A.
Total Interest Expense	N.A.
Net interest income	N.A.
Provision for loan and lease losses	N.A.
Total non interest income	N.A.
Total non interest expense	N.A.
Pre-tax Net Operating Income	N.A.

Bank Loan Profile^?

The top three loan types in PathFinder Bank’s loan portfolio are 1-4 Family Residential Loans, Commercial Real Estate, and Small Business Loans.

Compared to other banks in New York, PathFinder Bank has a significantly higher percent of Small Business Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

	% Loans	% Comparison to Other Banks
		Low	Med	High
1-4 Family Residential Loans	50.79		✓
Multifamily Mortgages	4.60		✓
Credit Card Loans	0.00	✓
Consumer Auto Loans	0.61		✓
Small Business Loans	16.22			✓
Construction and Development Loans	2.06		✓
Commercial Real Estate	28.87		✓
Commercial and Industrial Loans	11.20		✓
Farm Loans	0.04		✓

Customer Reviews for PathFinder Bank

Eric olson

March 25, 2023 |

Horrible bank. I’ve been months with not mortgage statements mailed to me. I contact them and no one knows why, but “they’re working on it”! It’s been two months already. Absolutely worst bank I’ve ever dealt with and I’m certainly considering filing a complaint with a BBB or attorney general.

Is this review helpful? Yes:0 / No: 0
MarkT

August 29, 2020 |

Can't believe this dream has become a nightmare. New web page and bill pay started and wow what a drastic piece of garbage. Pathfinder will have have to dig a lot to get out of this one. Hopefully they will bring back the User interface so people can use it as a bill pay option again. Without it this bill pay will be behind the times. Sure you can do budgets and financing items but lets not forget it was a bill pay option Pathfinder....

very Dissapointed

Is this review helpful? Yes:0 / No: 0
Chelsea Moore

June 13, 2020 |

I regret leaving a negative review of the bank, though it actually only concerns the mortgage/loan dept. Briefly, I feel there is a educational and common sense gap in how their staff handles inquiries from customers. I was brought to tears recently over a basic question that became unnecessarily convoluted. Might this be a result of nepotism versus merit in its hiring practices?

Is this review helpful? Yes:0 / No: 0

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