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CONTACT: Kevin Mahaney, 312-5558


July 24, 2003


TWO BANKS PLEDGE $200,000 FOR SUNY OSWEGO'S RICH HALL
 
   OSWEGO -- Two Oswego banks have each pledged $100,000 to help fund the technology and fixtures that will make SUNY Oswego's Rich Hall the showcase of a modern learning environment when it reopens for business this fall.

    Rich Hall is the new home for the college's School of Business. The school recently won international accreditation from the Association to Advance Collegiate Schools of Business, including a special commendation on the strength of its plans for the newly renovated building.

    The pledges from Oswego County National Bank and Pathfinder Bank bring the college to within $150,000 of its goal of $800,000 in private funds to support the technological underpinnings of the innovative educational facility, said Kevin Mahaney, vice president for development and public affairs.

    "These two substantial pledges from Pathfinder and OCNB will go a long way toward making Rich Hall a state-of-the-art academic building," said SUNY Oswego President Deborah F. Stanley. "We are so pleased that two such venerable community institutions are able to step forward to help us fulfill our vision for the School of Business."

PATHFINDER GIFT NAMES DEAN'S SUITE   

    In making the $100,000 pledge, Thomas W. Schneider, president and chief executive officer of Pathfinder Bank, said, "the board of directors recognizes the important economic and social contributions of SUNY Oswego and, in particular, the School of Business. We've had the benefit of employing many Oswego alumni and, through internships, students as well."

    In recognition of the gift, Pathfinder Bank's name will appear on a plaque for the dean's suite in the School of Business. The suite includes offices for the dean, assistant dean and clerical staff and will have a technology-rich conference room that seats 20 people, Dean Lanny Karns said.

    Both Karns and Schneider noted the long relationship that Pathfinder Bank has had with the faculty and students of the School of Business. Former bank president Chris Gagas serves on the school's advisory board.

OCNB DONATION SUPPORTS ELECTRONIC DISPLAY

    OCNB has similarly strong ties to the college. Stanley currently chairs the bank's board of directors, and "we have a number of graduates who work here at the bank, so we benefit from the education that SUNY Oswego offers," said Gregory J. Kreis, OCNB's president and chief executive officer. "The renovated Rich Hall and the School of Business are just terrific assets for the community."

    In recognition of OCNB's support, both a seminar room equipped for video conferencing and an electronic display planned for the main lobby will bear plaques with the bank's name.

    Karns said that the display would be integrated with the campus computer network and cable television system to show a mix of campus announcements and financial and other televised information. A separate ticker display will show the status of selected stocks, he said.

    The dean added, "The AACSB accrediting team predicted last fall that Rich Hall would provide 'an exceptional facility to support a high-quality program,' and with this most-welcome support from Pathfinder Bank and Oswego County National Bank we are making that prediction come true."


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