- By FYH News Team
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Three years ago, community leaders showed
But the executives were more interested in the building already on the property — a century-old mansion that once was the home of a prominent family but in recent years had sat vacant and fallen into disrepair.
Now, the small commercial bank headquartered in Oswego is putting the finishing touches on a
On the first floor, a former living room at the front of the home has been turned into a bank lobby, but it still looks much like a living room. On one side are two teller stations. On the opposite side of the room is a restored fireplace that once helped to heat the home.
Another room on the first floor will serve as the branch manager’s office. The lower portion of the room’s walls feature restored wooden wainscoting, while the upper half is covered with original fabric wallpaper. The office also has what no other branch manager’s office within Pathfinder’s network has — a fireplace.
The office, which Pathfinder is calling its Southwest Branch, will open this spring at
In addition to traditional banking services such as mortgages and investment services, the branch will offer programs targeted to neighborhood residents and business owners. They include low-cost checking, and micro personal and business loans.
It also will offer free financial literacy classes to teach people budgeting, basic banking and how to establish credit.
“This location is important because, honestly, there are not very many financial institutions in this area,” said Shynique Gainey, a 17-year banking industry veteran who grew up in the neighborhood and has been named manager of the new branch. “I think this location will do well to bring opportunity to the underserved.”
Gainey said she is eager to help young people from the neighborhood establish their first banking relationships.
“I’ve seen people start with a savings account and in three- or four-years’ time, they come back and say they want to purchase their first home,” said Gainey, who most recently served as supervisor at Empower Federal Credit Union’s downtown branch. “I like to give people that hope.”
Home builit in 1910
Designed by prominent Syracuse architects Archimedes Russell and
Hanford died in 1930. The home, a five-minute drive from downtown Syracuse, remained in his family until osteopathic physician Frederick lrving Gruman bought it in 1942. Gruman used it as his home and office until 1950, when he began using it exclusively as a medical office.
Gruman sold the home to the
In the years since the
In 2019, Pathfinder began looking for a location for its second Syracuse branch. Community leaders showed Pathfinder officials a property behind the mansion and suggested the bank build a branch there.
But
“We hope to be a cornerstone of the growth in this area,” Dowd said while giving The Post-Standard a tour of the nearly completed renovations.
The branch plans to hire up to seven people to work at the office, at least one of whom is expected to be bilingual.
Walking into the branch is like stepping into a grand, early-20th century mansion — because you are.
VIP Structures, the project’s general contractor, began work on the building last summer. Much of the home’s original, intricate wood paneling, doors and trim somehow survived the decades since residential use of the mansion ended in 1950. All of it has been carefully restored.
The home’s turned staircase suffered major damage when someone broke into the building and set fire to it in
The fire also left a stained glass window above the stairs covered with soot. The glass was cleaned by
The home’s second floor, which once contained bedrooms, now has offices for the bank’s mortgage and investment officers and a conference room where financial literacy classes will be held.
A remote drive-through teller station will be built in the rear of the property. It will be connected to the mansion through underground pneumatic tubes. A drive-up ATM also will be installed in the rear of the property. Access to both will be via a driveway off
“Having a building come back to life that looked like it was dead means a lot,” he said.
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