GBNY

Generations Bancorp NY, Inc. Common Stock

GBNY

Market cap $35.2M

Overview Fund Activity

Delisted

GBNY was delisted on the 4th of October, 2024.

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About: Generations Bancorp NY Inc is a stock holding company whose business consists of attracting retail deposits investing those in mortgage loans, manufactured homes, real estate, home equity, commercial, construction, and multi-family loans. It has three segments community banking, insurance agency, and municipal banking segments. It generates the majority of its revenue from Community banking Which provides financial services to consumers and businesses principally in the Finger Lakes Region and Orleans County of New York State.

Employees: 74

Financials Banks - Diversified

Financial journalist opinion

Generations Bancorp NY, Inc. Announces Voluntary Nasdaq Delisting and SEC Deregistration

SENECA FALLS, N.Y. , Sept. 24, 2024 /PRNewswire/ -- Generations Bancorp NY, Inc. ("Company") (Nasdaq: GBNY), the holding company for Generations Bank ("Bank"), announced its voluntary decision to delist its common stock from The Nasdaq Stock Market LLC ("Nasdaq") and its intent to deregister its common stock with the Securities and Exchange Commission ("SEC").

Generations Bancorp NY, Inc. Announces Voluntary Nasdaq Delisting and SEC Deregistration

Rochester-Based ESL Federal Credit Union Announces Acquisition of Generations Bank

ROCHESTER, N.Y. and SENECA FALLS, N.Y., Sept. 24, 2024 /PRNewswire/ -- ESL Federal Credit Union, Generations Bank and its parent company Generations Bancorp NY, Inc. ("Generations Bancorp" (Nasdaq: "GBNY") and with Generations Bank, collectively "Generations") announced today that they have entered into a definitive purchase and assumption agreement whereby ESL Federal Credit Union will acquire substantially all of the assets and liabilities (including the deposit account liabilities) of Generations Bank in an all cash transaction ("the P&A Transaction"). As consideration for the P&A Transaction, ESL Federal Credit Union will pay Generations $26.2 million in cash and Generations Bank will retain its equity at the effective time of the P&A Transaction, less certain reductions and additions.

Rochester-Based ESL Federal Credit Union Announces Acquisition of Generations Bank

GENERATIONS BANCORP NY, INC. APPOINTS ANGELA KREZMER AS PRESIDENT & CEO

SENECA FALLS, N.Y. , Dec. 5, 2023 /PRNewswire/ -- Generations Bancorp NY, Inc. (Nasdaq: GBNY), the holding company for Generations Bank, announces today the appointment of Angela Krezmer as the new President & CEO, effective November 27, 2023.

GENERATIONS BANCORP NY, INC. APPOINTS ANGELA KREZMER AS PRESIDENT & CEO

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