Albany Business Review: How Pioneer plans to grow into a $5 billion institution
"Part of Amell's goal is to ensure Pioneer isn't viewed as just a bank.
'A small community bank that only offers loans and deposits is not a viable business model... It just won't work. In order to compete with that, you have to be more than a bank or else you end up just competing on who gets the highest depository and gives the lowest loan rate. And over time you just work yourself out of business.'"