StockWatch
·
Banks
AcquisitionsJul 29, 2026, 04:17 PM

Pioneer Bancorp acquires College Advisor of NY, launches new division

AI Summary

Pioneer Bancorp, Inc. announced the acquisition of The College Advisor of New York, a specialized firm assisting families with college search and admissions. This acquisition leads to the launch of Pioneer's new College Advising Division, integrating college planning with financial strategy. Dr. Dean Skarlis, founder of The College Advisor of New York, will lead the new division as Vice President of College Advising. This move enhances Pioneer's "More Than a Bank®" strategy by expanding its service offerings beyond traditional financial services.

Key Highlights

  • Pioneer Bancorp acquired The College Advisor of New York.
  • Launched a new College Advising Division.
  • Dr. Dean Skarlis, founder of The College Advisor of New York, will lead the new division as Vice President of College Advising.
  • The new division integrates college selection with financial strategy.
  • Aims to provide personalized guidance for college admissions and financial fit.
  • Enhances Pioneer's "More Than a Bank®" strategy by expanding service offerings.