UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM 10-K/A

(Mark One)

[ X ] Annual Report Pursuant to Section 13 or 15(d) of the Securities 
Exchange Act of 1934 [Fee Required] 

For the fiscal year ended December 31, 1995

or

[ ] Transition Report Pursuant to Section 13 or 15(d) of the Securities 
    Exchange Act of 1934 [No Fee Required]

For the transition period from ___________ to ____________

Commission file Number 0-15025

PROGRESSIVE BANK, INC.
-----------------------------------------------------
(Exact name of registrant as specified in its charter)

New York
-------------------------------
(State or other jurisdiction of
incorporation or organization)

14-1682661 
-----------------------------------
(I.R.S. Employer Identification No.)

1301 Route 52, Fishkill, New York 12524
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(Address of principal executive offices) (Zip Code)

Registrant's telephone number, including area code: (914) 897-7400

Securities registered pursuant to Section 12(g) of the Act:

Common Stock, par value $1.00

(Title of class)

Indicate by check mark whether the registrant (1) has filed all reports 
required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 
1934 during the preceding 12 months (or for such shorter period that the 
registrant was required to file such reports), and (2) has been subject to 
such filing requirements for the past 90 days.   [X] Yes   [ ] No

Indicate by check mark if disclosure of delinquent filers pursuant to Item 
405 of Regulation S-K is not contained herein, and will not be contained, to 
the best of registrant's knowledge, in definitive proxy or information 
statements incorporated by reference in Part III of this Form 10-K or any 
amendment to this Form 10-K. [ ]

As of March 14, 1996, the aggregate market value of the voting stock held by 
non-affiliates of the registrant was approximately $67,737,976.

As of March 14, 1996, 2,630,601 shares of registrant's common stock were 
outstanding.

THE PURPOSE OF THIS AMENDMENT IS TO INCLUDE A FINANCIAL DATA SCHEDULE AS A
SEPARATE DOCUMENT AS REQUIRED UNDER ELECTRONIC FILING GUIDELINES.

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities 
Exchange Act of 1934, the registrant has duly caused this report to be signed 
on its behalf by the undersigned, thereunto duly authorized.

PROGRESSIVE BANK, INC.
(Registrant)

By: /s/ Peter Van Kleeck

Peter Van Kleeck
President & Chief
Executive Officer

Date: March 12, 1996

Pursuant to the requirements of the Securities Exchange Act of 1934, this 
report has been signed below by the following persons on behalf of the 
registrant and in the capacities and on the dates indicated.

<TABLE>

Signature                    Title                         Date

<S>                          <C>                           <C>

			     President & Chief
/s/ Peter Van Kleeck         Executive Officer,
Peter Van Kleeck             Progressive Bank, Inc.        March 12, 1996

			     Treasurer (Principal           
			     Financial Officer &                
/s/ Robert Gabrielsen        Principal Accounting             
Robert Gabrielsen            Officer)                      March 12, 1996

/s/ Elizabeth P. Allen       
Elizabeth P. Allen           Director                      March 12, 1996

			     Director & Chairman of           
			     the Board, Progressive              
/s/ Thomas C. Aposporos      Bank, Inc.                    March 12, 1996     
Thomas C. Aposporos

/s/ George M. Coulter        Director                      March 12, 1996
George M. Coulter

/s/ Donald B. Dedrick        Director                      March 12, 1996
Donald B. Dedrick

/s/ Harold Harris            Director                      March 12, 1996
Harold Harris

/s/ Richard T. Hazzard       Director                      March 12, 1996
Richard T. Hazzard

/s/ Armando Mostachetti      Director                      March 12, 1996
Armando Mostachetti

			     Director                      March 12, 1996
Richard Novik

/s/ John J. Page             Director                      March 12, 1996
John J. Page

/s/ Archibald A. Smith       Director                      March 12, 1996
Archibald A. Smith
			     
/s/ Roger W. Smith           Director                      March 12, 1996
Roger W. Smith               

/s/ David A. Swinden         Director                      March 12, 1996
David A. Swinden

</TABLE>