Generations Bancorp NY, Inc. Names Angela Krezmer as New Chief Financial Officer
April 26, 2021 at 10:15 am EDT
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Generations Bancorp NY, Inc. announced 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. 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.
Generations Bancorp NY, Inc. is a holding company. The Company conducts its operations through Generations Bank and Generations Commercial Bank. The Companyâ segments include community banking franchise and municipal banking. The community banking franchise segment provides financial services to consumers and businesses principally in the Finger Lakes Region and Orleans County of New York State. These services include providing various types of loans to customers, accepting deposits, mortgage banking, and other traditional banking services. The municipal banking segment is a New York State chartered limited-purpose commercial bank formed expressly to enable local municipalities, primarily within the Finger Lakes Region and Northwest New York State, to deposit public funds with the commercial bank in accordance with existing New York State (NYS) municipal law. It also purchases and originate a substantial amount of consumer loans, including automobile loans and manufactured home loans.
GENERATIONS BANCORP NY, INC. 
