Generations Bancorp NY Inc (GBNY)

Generations Bancorp NY, Inc. is the holding company for Generations Bank, a New York-based banking organization. Through its banking subsidiary, the company provides a range of deposit products, including demand, NOW, money market, savings, and certificates of deposit accounts. Its lending activities cover one- to four-family residential real estate loans, home equity loans and lines of credit, consumer loans such as student, auto, recreational vehicle, and manufactured home loans, as well as commercial real estate, multi-family, business, and construction lending. The company also invests in securities such as corporate and municipal bonds, mortgage-backed securities issued by U.S. government-sponsored entities, and Federal Home Loan Bank stock, and it offers insurance and other financial products. Generations Bancorp operates from its main office in Seneca Falls, New York, and maintains eight full-service branches and one drive-through location in nearby New York communities.

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