Generations Bancorp NY, Inc. Appoints Angela Krezmer as Senior Vice President
April 27, 2021 at 10:31 pm IST
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Generations Bancorp NY, Inc. announced that t has appointed Angela Krezmer as senior vice president and chief financial officer, effective June 7, 2021. In her new role, Krezmer will oversee the company's financial strategies and SEC reporting obligations following is recent initial public offering. Krezmer, who has been in the banking industry since 2008, currently serves as chief financial officer at Prosper Bank, Coatesville, Pennsylvania. She was previously chief financial officer at Fairport Savings Bank (New York).
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.