Wednesday July 2, 2003

A New Home for Oswego County National Bank

Bank purchases former IBEW building on Route 104 East for $900,000.
By Staff Writer

    Oswego County National Bank is planning to move its century-old headquarters by March 2004 from downtown Oswego to a new site on state Route 104 East.

    The bank has paid $900,000 for the former International Brotherhood Electrical Workers (IBEW) building at 300 state Route 104. It plans to renovate the building, built in 1974, and transfer about 50 employees from its downtown office.

    "We have nearly doubled our size in the past few years and have outgrown our present location," said Gregory J. Kreis, president and CEO of Oswego County National Bank and Bridge Street Financial. The bank?s headquarters have been at the present location (44 East Bridge St.) since Aug. 5 1895.

    In a press release, Kreis said the permitting process is expected to being soon and plans call for renovation of the existing 16,000 square-feet of space and addition of 4,000 square-feet of space.

    "The property is ideally suitedfor our purposes as an administration and operations center," Kreis said. "The property has over seven acres of land which will allow substantial future growth of the company on the site.

    Formerly known as Oswego County Savings Bank, OCBN was formed in 1870. It has expanded to have seven branch offices, five in Oswego County and two in Onondaga County (in North Syracuse and Liverpool). It?s working to open a third agency in Onondaga County in Brewerton.

    "While it?s sad to leave this great old building, the need for more office space and additional parking space for staff necessitates our move," Kreis said. "We are very happy that we could find a location within the city limits of Oswego that can accommodate our needs."

Oswego County Business Magazine
Issue 164

Issue 164
October/November 2019

Cover Story

  • Cruse Control
  • Jeff Cruse takes over as top leader for Novelis’ Oswego Works


Linda Eagan

On The Job

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Success Stories

The Child Advocacy Center of Oswego County

My Turn

Why President Trump Won’t Admit Mistakes


News Briefs on Local Businesses & Business People

Economic Trends

Oswego County IDA Recapitalizes Popular Loan Program

Last Page

Rodmon King