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. Ms. Krezmer's appointment marks her as the
13th and first female President & CEO of the
Company.
Ms. Krezmer, in addition to her role as President & CEO, has
been elected to join the board of directors, contributing her
valuable insights and leadership to the strategic direction of the
bank. Ms. Krezmer, who has been serving as the Chief Financial
Officer since 2021 will continue to fulfill her role in this
capacity.
"We are excited to announce Angela
Krezmer as our new President & CEO. In a historic move
for our Seneca Falls-based
organization, a town renowned for women's rights, Ms. Krezmer
becomes the first female President & CEO" said Brad Jones, Chairman of the Board of Directors.
"Her proven track record, strategic vision, and commitment to
excellence make her the ideal candidate to lead Generations
Bank."
Ms. Krezmer, served as interim Principal Executive Officer,
since October 16, 2023 after the
passing of the Company's previous President & CEO, Menzo Case. Ms. Krezmer, succeeding the late Mr.
Case, who served in the role for 15 years until his passing in
October, is set to bring continuity and innovation to her new
role.
Reflecting on her appointment, Angela
Krezmer shared, "I am honored to take on the role of
President & CEO at Generations Bank. I am committed to
maintaining the high standards set by my predecessor and steering
our dedicated team toward a future that prioritizes community
well-being and progress."
Prior to joining the Company, Ms. Krezmer served as Chief
Financial Officer of Prosper Bank,
now known as, Presence Bank in Coatesville, Pennsylvania. Prior to that role,
Ms. Krezmer served for more than a decade at Fairport Savings Bank
in Fairport, New York where she
held various positions including Chief Financial Officer.
Ms. Krezmer is a graduate of Rochester
Institute of Technology and ABA Stonier School of Banking
and has worked in the banking industry since 2008.
About Generations Bank
Generations Bank partners with businesses, municipalities and
residents across the Finger Lakes Region and Western New York to offer banking and
financial services. Founded in 1870 and headquartered in
Seneca Falls, Generations Bank
serves the community from 9 retail locations in Seneca Falls, Auburn, Union
Springs, Waterloo,
Geneva, Phelps, Farmington, and Medina.
In addition to traditional business and consumer deposit
services, Generations Bank focuses on residential mortgages, as
well as manufactured home, automobile, home equity, commercial,
non-residential real estate and construction loans. For more
information, visit MyGenBank.com
Bank Member FDIC
Contact:
Derek Dyson
Chief Information Officer
315-568-5855
marketing@mygenbank.com
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SOURCE Generations Bancorp NY, Inc.