SENECA FALLS, N.Y.,
Aug. 20, 2021 /PRNewswire/ --
Generations Bancorp NY, Inc. (Nasdaq: GBNY), the holding company
for Generations Bank, announced today that Senior Vice President of
Credit Administration, Kenneth Winn,
will be retiring effective January 1,
2022.
Mr. Winn joined Generations in 2017, during his tenure with the
Bank, he had responsibility for all of the Bank's lending programs,
credit administration and loan servicing functions. Winn led many
key initiatives for increased performance, resulting in a
$70.7 million increase in total loans
from December 31, 2017 through
June 30, 2021. In addition he
revised and modernized Generations' lending standards, processes
and policies, and oversaw enhanced loan reporting and
analysis.
"Ken Winn has made a tremendous
contribution to Generations during his time here," remarked
Menzo Case, President and CEO of
Generations. "His knowledge and professionalism have helped the
Bank grow and prosper over these past four and a half years.
All of us here wish Ken and his family nothing but the best in
retirement."
Most recently Mr. Winn was instrumental in the Bank's COVID-19
response including the roll-out of community hardship loans and
Generations' participation in the Paycheck Protection Program (PPP)
emergency response for small businesses.
Winn brought more than 30 years of experience to his role at
Generations, including a tenure in a similar position at other
institutions in Upstate New York.
"I want to thank Generations for the opportunities I have had
here," said Mr. Winn. "I have been fortunate to work with a great
team and I wish them much success moving forward. I am
grateful to have had a long and fruitful career and the time is
right for me to move on and enjoy more time with my wife and
family."
No replacement for Mr. Winn has been named at this time
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.
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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.