Generations Bank
FDIC #16040
📍 Seneca Falls, New York
Generations Bank is a savings bank, state charter, supervised by the fdic. established in 05/21/1870. With assets of $407.06 Million, it operates 9 domestic branches.
Customer Reviews
N/A ★
Based on 0 ratings
Write a Review
Reviews are moderated before posting. No profanity or personal attacks.
No reviews yet.
Community Reinvestment Act (CRA) Rating
Latest Exam: July 10, 2023
What is CRA? The Community Reinvestment Act (CRA) is a federal law that encourages banks to help meet the credit needs of the communities in which they operate, including low- and moderate-income neighborhoods.
Rating History
July 10, 2023
Needs to Improve
July 24, 2020
Satisfactory
July 24, 2017
Satisfactory
💰 Financial Strength
Total Assets$407.06 Million
Total Deposits$346.88 Million
Equity Capital$33.60 Million
Net Income$-1,080,000
📈 Performance
ROA-0.37%
ROE-4.10%
Financial Terms:
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
ROA (Return on Assets): Measures profitability relative to size. 1.0%+ is good.
ROE (Return on Equity): Measures profitability for shareholders. 10%+ is strong.
📋 Corporate Structure
Established05/21/1870
FDIC Cert16040
Holding CoGenerations Bcorp Ny Inc
Parent CertNA - Not listed as a child of a larger bank.
Last ChangeAugust 31, 2022
Foreign Offices0
SAIF InsuredNo
State CharteredNo
🕰️ Lobby Hours
Monday9:00 AM - 5:00 PM
Tuesday9:00 AM - 5:00 PM
Wednesday9:00 AM - 5:00 PM
Thursday9:00 AM - 5:00 PM
Friday9:00 AM - 6:00 PM
Saturday9:00 AM - 12:00 PM
SundayClosed
📜 Institutional History
2018
Merger / Acquisition
Acquired: Medina Savings And Loan Association
2018
Name Change
Name became: Changed Institution Name To Generations Bank.
2012
Name Change
Name became: Changed Institution Name To Generations Bank.
2011
Name Change
Name became: Changed Institution Name To Seneca Falls Savings Bank.
2000
Name Change
Name became: Changed Institution Name To The Seneca Falls Savings Bank.