Hudson River Bancorp has a deal to buy SFS Bancorp in Schenectady for $32 million in cash.

Hudson River has $881 million of assets and 13 branches in five New York counties. SFS, parent of Schenectady Federal Savings Bank, has four branches and $176 million of assets.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.