Pioneer Bancorp, Inc. operates as the holding company for Pioneer Savings Bank. The Company provides financial services through its 22 retail banking offices in Albany, Rensselaer, Saratoga, Greene, Schenectady and Warren Counties in New York. It also sells commercial and consumer insurance products and employee benefit products and services through Anchor Agency, Inc. It provides wealth management services through its subsidiary, Pioneer Financial Services, Inc. Its lending activity has been originating commercial real estate loans, commercial and industrial loans, commercial construction loans and home equity loans and lines of credit. It invests in securities, which consists of the United States Government and agency obligations, municipal obligations and Federal Home Loan Bank of New York stock. It offers a variety of deposit accounts, including demand accounts, savings accounts, money market accounts and certificate of deposit accounts.