Pioneer Bank has hired Jeffrey Connolly as its vice president of credit administration to oversee the bank's commercial credit risk activities. Connolly was previously employed at KeyBank where he was a relationship manager in its commercial middle market department. Connolly will work with Pioneer Bank's commercial underwriting team.
Pioneer Bank disclosed last month that $35 million in commercial loans and deposits with the bank are at risk. And all funds held in trust by MyPayrollHR at Pioneer Bank were frozen in early September.
We at Insider Monkey have gone over 752 13F filings that hedge funds and prominent investors are required to file by the SEC The 13F filings show the funds' and investors' portfolio positions as of September 30th. In this article, we look at what those funds think of Pioneer Bancorp, Inc. (NASDAQ:PBFS) based on that […]
Pioneer Bank and Michael Mann — the person at the center of the collapse of MyPayrollHR — have agreed to a consent judgment in the bank's lawsuit against Mann for more than $35.8 million in unpaid and defaulted loans.
The holding company for Pioneer Bank filed its annual report with the U.S. Securities and Exchange Commission this week —two months after notifying the agency it would be late as it dealt with the collapse of MyPayrollHR.