- CEO
- Joseph G. Vitale
- Full Time Employees
- 49
- Sector
- Financial Services
- Industry
- Banks - Regional
- Address
- 35 Oswego Street New York NY United States of America 13027
- IPO Date
- Oct 12, 2017
- Business
- Seneca Bancorp, Inc. (SNNF) operates as the holding company for Seneca Savings Bank, National Association, a community-oriented financial institution that provides a range of banking products and services to individual and corporate customers in the United States. The bank offers savings and checking accounts; loans including one-to-four-family residential real estate loans, commercial real estate loans, home equity lines of credit, commercial and industrial loans, residential construction loans, and consumer loans; wealth management services; online banking; investments; reorder checks; and cannabis lending. Seneca Savings maintains five full-service branches in Onondaga and Madison Counties, New York. Founded in 1928 and headquartered at 35 Oswego Street in Baldwinsville, New York, the institution functions as a subsidiary of Seneca Financial MHC. In a major strategic reorganization, Seneca Bancorp emerged as the successor to Seneca Financial Corp. following the adoption of a second-step mutual-to-stock conversion plan by its parent mutual holding company in May 2025, with the transaction anticipated to complete in the fourth quarter of 2025 subject to regulatory, member, and stockholder approvals; this included the bank's charter conversion to a national bank and Seneca Bancorp's advancement from the OTC Pink market to the OTCQX market in October 2025. Additionally, the bank expanded operations with a fifth branch opening in Manlius, New York, in 2024, growing its asset base to over $275 million while supporting small businesses and community initiatives.