SENECA FALLS, N.Y.,
April 26, 2021 /PRNewswire/
-- Generations Bancorp NY, Inc. (Nasdaq: GBNY), the holding
company for Generations Bank, announced today that Angela Krezmer is joining the Company as Senior
Vice President and Chief Financial Officer effective June 7, 2021. She joins Generations from
Prosper Bank, Coatesville, PA where she is the Chief
Financial Officer and was formerly the CFO at Fairport Savings Bank
(NY).
As Senior VP and CFO, she will oversee the institution's
financial strategies and SEC reporting obligations following
Generations' recent Initial Public Offering. A graduate of
Rochester Institute of Technology and
ABA Stonier School of Banking, Ms. Krezmer has worked in the
banking industry since 2008.
"We are excited to add Angela to our executive team at such an
important time for our company" said Menzo
Case President and CEO of Generations. "We have taken on new
responsibilities for public reporting and SEC compliance, and
Angela's experience, knowledge and leadership will be great assets
for us."
"I am very pleased to be back in Upstate New York with this
remarkable organization" commented Ms. Krezmer, "There is so much
opportunity and I look forward to being a part of Generations'
success."
Ms. Krezmer's role with Generations becomes effective
June 7th, she succeeds Menzo Case, who has been acting chief financial
officer since the retirement in 2020 of Shelley Tafel, Generations' CFO of 10 years.
Disclosures Concerning Forward-Looking
Statements
This press release contains certain forward-looking statements.
Forward-looking statements include statements regarding anticipated
future events and can be identified by the fact that they do not
relate strictly to historical or current facts. They often include
words such as "believe," "expect," "anticipate," "estimate," and
"intend" or future or conditional verbs such as "will," "would,"
should," "could," or "may". Forward-looking statements, by their
nature, are subject to risks and uncertainties. Certain factors
that would cause actual results to differ materially from expected
results include delays in closing the conversion and stock
offering; possible unforeseen delays in delivering DRS Book-Entry
statements or interest checks; and/or delays in the start of
trading due to market disruptions or otherwise.
About Generations
Generations partners with businesses, municipalities
and residents across the Finger Lakes Region and Western New York to offer banking and
insurance services. Founded in 1870 and headquartered in
Seneca Falls, Generations serves
the community from 10 retail locations in Seneca Falls, Auburn, Union
Springs, Waterloo,
Geneva, Phelps, Farmington, Albion and Medina.
In addition to traditional business and consumer
deposit services, Generations focuses on residential mortgages,
automobile loans, home equity and commercial loans. The
organization also serves the broader needs of the Finger Lakes area
and Western New York through its
insurance business, Generations Agency. For more information,
visit MyGenBank.com
Contact:
Michael Reed
VP – Marketing Director
315-568-1163
michael.reed@mygenbank.com
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SOURCE Generations Bancorp NY, Inc.