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Generations Bancorp NY, Inc. (GBNY)

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
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11.60-0.15 (-1.28%)
At close: 04:00PM EST
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Generations Bancorp NY, Inc.

20 East Bayard Street
Seneca Falls, NY 13148
United States
315 568 5855
https://www.mygenbank.com

Sector(s)Financial Services
IndustryBanks—Regional
Full Time Employees91

Key Executives

NameTitlePayExercisedYear Born
Mr. Menzo D. CasePres, CEO & Director334.1kN/A1964
Mr. Kenneth V. WinnSr. VP & Director of Credit Admin.157.04kN/A1958
Ms. Angela M. KrezmerSr. VP & CFON/AN/A1986
Ms. Bonnie L. MorlangChief Accounting Officer, Human Resource Officer & Sr. VPN/AN/A1954
Michael ReedVP & Marketing DirectorN/AN/AN/A
Lori M. ParishAssistant VP & Corp. Sec.N/AN/AN/A
Amounts are as of December 31, 2020 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Generations Bancorp NY, Inc. operates as a holding company for Generations Bank that provides various banking products and services. The company offers various deposit accounts, including demand, NOW, money market, savings, and certificates of deposit accounts. It also provides one- to four-family residential real estate loans; commercial real estate loans that are secured by office buildings, hotel and motels, wineries, manufacturing facilities, churches, retail and mixed-use properties, and light industrial properties; multifamily loans, which are secured by five or more-unit residential buildings; secured loans to professionals, sole proprietorships, and small businesses for commercial, corporate, and business purposes; manufactured home loans; automobile loans; home equity loans and lines of credit; construction loans; student loans; recreational vehicle loans; and other secured and unsecured consumer loans, such as loans secured by boats and savings deposits. In addition, it invests in securities, which include municipal bonds issued by states, local municipalities, and schools in the northeastern United States; and mortgage-backed securities issued by U.S. government sponsored entities and Federal Home Loan Bank of New York stock, as well as offers insurance and other financial products. It operates through main office located in Seneca Falls, New York; and eight full-service branch offices, one drive-through facility, and one in-store branch located in a Wal-Mart super center located in Albion, Auburn, Farmington, Geneva, Medina, Phelps, Seneca Falls, Union Springs, and Waterloo, New York. The company was founded in 1870 and is headquartered in Seneca Falls, New York.

Corporate Governance

Generations Bancorp NY, Inc.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.
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