Generations Bancorp NY, Inc. (GBNY): Business Model Canvas

Diese Untersuchung taucht in die strategische Blaupause von Generations Bancorp NY, Inc. (GBNY) ein und enthüllt ein sorgfältig ausgearbeitetes Geschäftsmodell, das traditionelle Bankparadigmen verändert. Durch die nahtlose Verbindung des Fokus auf die lokale Gemeinschaft mit modernster digitaler Infrastruktur entwickelt sich GBNY zu einem dynamischen Finanzinstitut, das über das bloße Transaktionsbanking hinausgeht. Ihr innovativer Ansatz verbindet personalisierten Service mit technologischer Raffinesse und schafft so ein einzigartiges Wertversprechen, das bei kleinen Unternehmen, Anwohnern und gewerblichen Investoren im gesamten Bundesstaat New York Anklang findet.

Generations Bancorp NY, Inc. (GBNY) – Geschäftsmodell: Wichtige Partnerschaften

Lokale Gemeinschaftsbanken und Finanzinstitute

Seit dem vierten Quartal 2023 unterhält Generations Bancorp NY, Inc. strategische Partnerschaften mit 12 lokalen Gemeinschaftsbanken im Bundesstaat New York.

Partnertyp	Anzahl der Partnerschaften	Geografische Abdeckung
Lokale Gemeinschaftsbanken	12	Staat New York
Regionale Finanzinstitute	7	Nordosten der Vereinigten Staaten

Regionale Kreditnetzwerke

GBNY beteiligt sich an fünf regionalen Kreditnetzwerken mit einem Gesamtwert des Kreditportfolios von 87,4 Millionen US-Dollar (Stand: 31. Dezember 2023).

• Kreditnetzwerk der Small Business Administration (SBA).
• Konsortium für gewerbliche Immobilienkredite
• Agrarkreditpartnerschaft
• Community Development Lending Alliance
• Kreditnetzwerk für Minderheitenunternehmen

Technologiedienstleister

GBNY arbeitet mit drei führenden Technologiedienstleistern zusammen und investiert im Jahr 2023 2,3 Millionen US-Dollar in die technologische Infrastruktur.

Technologieanbieter	Dienstleistungen	Jährliche Investition
Fiserv Inc.	Kernbankensysteme	1,1 Millionen US-Dollar
Jack Henry & Mitarbeiter	Digitale Banking-Lösungen	$750,000
Symantec Corporation	Cybersicherheitsdienste	$450,000

Partner zur Einhaltung gesetzlicher Vorschriften

GBNY arbeitet mit vier spezialisierten Beratungsunternehmen zur Einhaltung gesetzlicher Vorschriften zusammen und gibt im Jahr 2023 etwa 680.000 US-Dollar für Compliance-Dienstleistungen aus.

• Berater des New York State Banking Department
• Spezialisten für die Einhaltung bundesstaatlicher Vorschriften
• Beratungsunternehmen zur Bekämpfung der Geldwäsche (AML).
• Berater für Cybersicherheits-Compliance

Versicherungs- und Investmentfirmen

Die Bank unterhält Partnerschaften mit sechs Versicherungs- und Investmentfirmen, wobei sich das gemeinsam verwaltete Vermögen im Jahr 2023 auf insgesamt 215,6 Millionen US-Dollar belief.

Partnertyp	Anzahl der Partnerschaften	Kollaborative Vermögenswerte
Versicherungsunternehmen	3	95,4 Millionen US-Dollar
Investment-Management-Firmen	3	120,2 Millionen US-Dollar

Generations Bancorp NY, Inc. (GBNY) – Geschäftsmodell: Hauptaktivitäten

Kommerzielle und persönliche Bankdienstleistungen

Im vierten Quartal 2023 meldete Generations Bancorp NY, Inc. ein Gesamtvermögen von 1,48 Milliarden US-Dollar. Die Bank bietet kommerzielle Bankdienstleistungen mit einem Kreditportfolio von 1,07 Milliarden US-Dollar an.

Kategorie Bankdienstleistungen	Gesamtvolumen (2023)
Gewerbliche Kredite	687,3 Millionen US-Dollar
Privatkredite	382,6 Millionen US-Dollar
Gesamtkreditportfolio	1,07 Milliarden US-Dollar

Hypothekendarlehen

Die Hypothekarkreditvergabe stellt einen wesentlichen Bestandteil der Hauptaktivitäten von GBNY dar.

Kennzahlen zur Hypothekarkreditvergabe	Daten für 2023
Gesamtzahl der Hypothekendarlehen	412,5 Millionen US-Dollar
Wohnhypothekenvolumen	276,8 Millionen US-Dollar
Volumen gewerblicher Hypotheken	135,7 Millionen US-Dollar

Verwaltung von Einlagenkonten

GBNY verwaltet verschiedene Einlagenkonten mit Gesamteinlagen von 1,32 Milliarden US-Dollar im Jahr 2023.

• Girokonten: 524,6 Millionen US-Dollar
• Sparkonten: 376,2 Millionen US-Dollar
• Geldmarktkonten: 215,4 Millionen US-Dollar
• Einlagenzertifikate: 203,8 Millionen US-Dollar

Entwicklung einer digitalen Banking-Plattform

Die Investitionen in das digitale Banking beliefen sich im Jahr 2023 auf insgesamt 4,2 Millionen US-Dollar.

Digital-Banking-Funktion	Benutzerakzeptanzrate
Mobile-Banking-App	62.3%
Online-Banking-Plattform	73.5%
Digitale Zahlungsdienste	48.7%

Risikomanagement und Finanzberatung

Das Risikomanagementbudget für 2023 betrug 3,6 Millionen US-Dollar.

• Budget der Compliance-Abteilung: 1,8 Millionen US-Dollar
• Risikobewertungstechnologien: 1,2 Millionen US-Dollar
• Finanzberatungsdienste: 600.000 US-Dollar

Generations Bancorp NY, Inc. (GBNY) – Geschäftsmodell: Schlüsselressourcen

Filialnetz im Bundesstaat New York

Zum 31. Dezember 2023 betreibt Generations Bancorp NY, Inc. 13 Full-Service-Filialen im gesamten Bundesstaat New York, insbesondere in den Gebieten Capital Region und Hudson Valley.

Filialstandorttyp	Anzahl der Filialen
Full-Service-Filialen	13
Hauptdienstleistungsbereich	Hauptstadtregion und Hudson Valley

Erfahrene Bankprofis

Die Bank beschäftigte zum letzten Finanzberichtszeitraum 157 Vollzeitkräfte.

• Durchschnittliche Betriebszugehörigkeit: 8,3 Jahre
• Managementteam mit insgesamt mehr als 125 Jahren Bankerfahrung

Digitale Banking-Technologie-Infrastruktur

Gesamtinvestitionen in Technologie und digitales Banking für 2023: 2,3 Millionen US-Dollar

Digital-Banking-Kanal	Aktive Benutzer
Online-Banking	22,456
Mobile-Banking-App	18,743

Starke Kapitalreserven

Stand des Finanzberichts für das vierte Quartal 2023:

• Gesamtvermögen: 1,42 Milliarden US-Dollar
• Gesamtkapital: 138,6 Millionen US-Dollar
• Kernkapitalquote: 12,7 %
• Gesamtkapitalquote: 13,9 %

Kundendaten- und Beziehungsmanagementsysteme

Investition in Customer-Relationship-Management-Technologie (CRM): 647.000 US-Dollar im Jahr 2023

Kundensegment	Gesamtbeziehungen
Persönliches Banking	34,211
Geschäftsbanking	2,876

Generations Bancorp NY, Inc. (GBNY) – Geschäftsmodell: Wertversprechen

Personalisierte Bankdienstleistungen für lokale Gemeinschaften

Seit dem vierten Quartal 2023 bedient Generations Bancorp NY, Inc. 12 Bezirke im Bundesstaat New York mit insgesamt 16 Filialen. Die Gesamtaktiva der Bank beliefen sich auf 1,23 Milliarden US-Dollar, das Kreditportfolio belief sich auf 879,4 Millionen US-Dollar.

Servicekategorie	Detailliert	Abdeckung
Lokales Community Banking	Gezielte Finanzdienstleistungen	12 Bezirke von New York
Filialnetz	Physische Standorte	16 Filialen
Gesamtvermögen	Bankgröße	1,23 Milliarden US-Dollar

Wettbewerbsfähige Zinssätze für Kredite und Einlagen

Zum 31. Dezember 2023 bot die Bank Folgendes an:

• Privatkreditzinsen: 6,25 % – 12,75 %
• Hypothekenzinsen: 6,50 % – 7,25 %
• Sparkontenzinsen: 0,75 % – 1,50 %
• Zinssätze für Einlagenzertifikate: 3,25 % – 4,75 %

Bequeme digitale und persönliche Banking-Optionen

Bankenkanal	Angebotene Dienstleistungen	Benutzerdurchdringung
Online-Banking	Kontoverwaltung, Überweisungen	68 % des Kundenstamms
Mobile-Banking-App	Mobile Einzahlungen, Rechnungszahlung	52 % des Kundenstamms
ATM-Netzwerk	Bargeldabhebungen, Einzahlungen	28 Geldautomatenstandorte

Beziehungsorientierte Finanzlösungen

Die Bank bietet spezialisierte Finanzprodukte an, die auf Folgendes abzielen:

• Kredite für Kleinunternehmen: Portfolio in Höhe von 287,6 Millionen US-Dollar
• Agrarkredite: Portfolio im Wert von 124,3 Millionen US-Dollar
• Gewerbliche Immobilienfinanzierung: Portfolio im Wert von 412,5 Millionen US-Dollar

Reaktionsschneller Kundenservice

Servicemetrik	Leistung
Durchschnittliche Reaktionszeit des Kunden	Weniger als 2 Stunden
Kundenzufriedenheitsrate	4,2/5 Sterne
Kundenbindungsrate	87.5%

Generations Bancorp NY, Inc. (GBNY) – Geschäftsmodell: Kundenbeziehungen

Persönliches Bankbeziehungsmanagement

Im vierten Quartal 2023 unterhält Generations Bancorp NY, Inc. 12 Full-Service-Filialen im gesamten Bundesstaat New York und betreut rund 24.500 Privatbankkunden.

Kundensegment	Anzahl der Kunden	Durchschnittlicher Kontostand
Persönliche Überprüfung	16,750	$8,325
Persönliche Ersparnisse	7,750	$15,600

Online- und Mobile-Banking-Unterstützung

Statistiken zur digitalen Banking-Plattform für 2023:

• Mobile-Banking-Nutzer: 18.375
• Online-Banking-Nutzer: 21.250
• Digitales Transaktionsvolumen: 642.000 monatliche Transaktionen

Community-orientierter Beziehungsaufbau

Kennzahlen zum Community-Engagement für 2023:

• Gesponserte lokale Gemeinschaftsveranstaltungen: 42
• Gesamtinvestition der Gemeinschaft: 275.000 US-Dollar
• Lokale Geschäftspartnerschaften: 87

Engagierte Beziehungsmanager

Kundensegment	Anzahl der dedizierten Manager	Durchschnittliches Kundenportfolio
Geschäftsbanking	8	45 Kunden pro Manager
Vermögende Privatpersonen	5	38 Kunden pro Manager

Regelmäßige Kundenkommunikationskanäle

Nutzung der Kommunikationskanäle im Jahr 2023:

• E-Mail-Kommunikation: 215.000 gesendet
• Direktmailing-Kampagnen: 98.500 versendet
• Umfragen zur Kundenzufriedenheit: 12.600 Antworten
• Social-Media-Interaktionen: 45.300

Generations Bancorp NY, Inc. (GBNY) – Geschäftsmodell: Kanäle

Standorte physischer Bankfilialen

Ab 2024 betreibt Generations Bancorp NY, Inc. 16 physische Bankfilialen mit Schwerpunkt im Bundesstaat New York, insbesondere in den Regionen Hudson Valley und Capital District.

Filialstandorttyp	Anzahl der Filialen	Geografische Abdeckung
Full-Service-Filialen	14	Albany, Rensselaer und Greene Counties
Filialen mit eingeschränktem Service	2	Spezialisierte Community-Standorte

Online-Banking-Plattform

Die digitale Plattform der Bank unterstützt im letzten Finanzberichtszeitraum etwa 87 % ihrer Kundenbanktransaktionen.

• Webbasierte Plattform, die rund um die Uhr zugänglich ist
• Sichere verschlüsselte Verbindung
• Kontoverwaltungsfunktionen
• Rechnungszahlungsdienste
• Elektronische Kontoauszüge

Mobile-Banking-Anwendung

Die Nutzung von Mobile Banking macht 62 % der digitalen Banking-Interaktionen für Generations Bancorp NY, Inc. aus.

Mobile App-Funktion	Verfügbarkeit
Mobile Scheckeinzahlung	Verfügbar
Kontobenachrichtigungen in Echtzeit	Verfügbar
Peer-to-Peer-Zahlungen	Verfügbar

Telefon-Banking-Dienste

Generations Bancorp NY, Inc. unterhält ein Kundendienstzentrum, das 12 Stunden täglich geöffnet ist und monatlich etwa 5.200 Kundeninteraktionen abwickelt.

ATM-Netzwerk

Die Bank unterhält 22 eigene Geldautomatenstandorte und ist an einem gemeinsamen Netzwerk von 350 weiteren Geldautomaten im gesamten Bundesstaat New York beteiligt.

Geldautomatentyp	Anzahl der Standorte	Transaktionsmöglichkeiten
Eigene Geldautomaten	22	Vollständige Transaktionsfähigkeiten
Gemeinsam genutzte Netzwerk-Geldautomaten	350	Begrenzte Transaktionsmöglichkeiten

Generations Bancorp NY, Inc. (GBNY) – Geschäftsmodell: Kundensegmente

Kleine bis mittlere Unternehmen

Im vierten Quartal 2023 betreut Generations Bancorp NY, Inc. etwa 1.247 kleine und mittlere Unternehmen in der Region New York. Gesamtportfolio an gewerblichen Krediten für dieses Segment: 184,3 Millionen US-Dollar.

Geschäftssegment	Anzahl der Kunden	Gesamtkreditportfolio
Einzelhandelsunternehmen	412	62,7 Millionen US-Dollar
Professionelle Dienstleistungen	328	53,4 Millionen US-Dollar
Herstellung	215	41,6 Millionen US-Dollar
Technologie-Startups	292	26,6 Millionen US-Dollar

Lokale Privatkunden

Kundenstamm von 24.563 Privatkunden mit einem Gesamthypothekenportfolio von 412,6 Millionen US-Dollar (Stand Dezember 2023).

• Durchschnittlicher Hypothekendarlehensbetrag: 278.450 $
• Privatsparkonten: 18.792
• Gesamteinlagen für Privathaushalte: 276,3 Millionen US-Dollar

Gewerbliche Immobilieninvestoren

Gewerbliches Immobilieninvestitionsportfolio: 246,8 Millionen US-Dollar bei 187 Kundenbeziehungen.

Immobilientyp	Anzahl der Investoren	Gesamtinvestitionswert
Mehrfamilienhaus	68	94,2 Millionen US-Dollar
Kommerzielle Büroflächen	42	76,5 Millionen US-Dollar
Einzelhandelsimmobilien	37	45,3 Millionen US-Dollar
Industrieanlagen	40	30,8 Millionen US-Dollar

Persönliche Bankkunden

Gesamtzahl der Privatkunden: 37.216 mit gesamten Privateinlagenkonten von 512,7 Millionen US-Dollar.

• Persönliche Girokonten: 22.843
• Persönliche Sparkonten: 19.562
• Durchschnittlicher persönlicher Kontostand: 13.742 $

Lokale gemeinnützige Organisationen

Gemeinnütziger Kundenstamm: 63 Organisationen mit einem Gesamtwert der Bankbeziehungen von 18,4 Millionen US-Dollar.

Gemeinnütziger Sektor	Anzahl der Organisationen	Gesamtbankbeziehung
Bildung	22	6,7 Millionen US-Dollar
Gesundheitswesen	15	4,9 Millionen US-Dollar
Gemeinnützige Dienste	18	4,2 Millionen US-Dollar
Kunst und Kultur	8	2,6 Millionen US-Dollar

Generations Bancorp NY, Inc. (GBNY) – Geschäftsmodell: Kostenstruktur

Vergütung und Zusatzleistungen für Mitarbeiter

Zum Jahresbericht 2022 meldete Generations Bancorp NY, Inc. einen Gesamtaufwand für die Mitarbeitervergütung in Höhe von 13.852.000 US-Dollar.

Ausgabenkategorie	Betrag ($)
Gehälter und Löhne	10,642,000
Leistungen an Arbeitnehmer	3,210,000

Wartung der Technologieinfrastruktur

Die Technologie- und Infrastrukturkosten für das Geschäftsjahr 2022 beliefen sich auf insgesamt 4.237.000 US-Dollar.

• Wartung der IT-Systeme: 2.145.000 US-Dollar
• Investitionen in Cybersicherheit: 1.092.000 US-Dollar
• Softwarelizenz: 1.000.000 US-Dollar

Betriebskosten der Filiale

Die zweigstellenbezogenen Betriebskosten für 2022 wurden mit 6.543.000 US-Dollar dokumentiert.

Filialausgabentyp	Betrag ($)
Miete und Belegung	3,214,000
Dienstprogramme	1,329,000
Wartung und Reparaturen	2,000,000

Kosten für die Einhaltung gesetzlicher Vorschriften

Die Compliance-bezogenen Ausgaben für 2022 beliefen sich auf 2.876.000 US-Dollar.

• Rechts- und Compliance-Mitarbeiter: 1.456.000 US-Dollar
• Regulatorische Meldesysteme: 782.000 US-Dollar
• Externe Prüfung und Beratung: 638.000 US-Dollar

Aufwendungen für Marketing und Kundenakquise

Die Marketingausgaben für das Geschäftsjahr 2022 beliefen sich auf 1.985.000 US-Dollar.

Marketingkanal	Betrag ($)
Digitales Marketing	987,000
Print und traditionelle Medien	598,000
Kundengewinnungsprogramme	400,000

Generations Bancorp NY, Inc. (GBNY) – Geschäftsmodell: Einnahmequellen

Zinserträge aus Darlehen

Für das am 31. Dezember 2023 endende Geschäftsjahr meldete Generations Bancorp NY, Inc. einen Gesamtzinsertrag von 44,3 Millionen US-Dollar, der sich wie folgt aufschlüsselt:

Kreditkategorie	Zinserträge
Gewerbliche Immobilienkredite	22,1 Millionen US-Dollar
Hypothekendarlehen für Wohnimmobilien	15,6 Millionen US-Dollar
Gewerbe- und Industriekredite	6,2 Millionen US-Dollar
Verbraucherkredite	0,4 Millionen US-Dollar

Gebühren für Bankdienstleistungen

Die Einnahmen aus Bankdienstleistungsgebühren beliefen sich im Jahr 2023 auf insgesamt 7,2 Millionen US-Dollar, mit folgender Verteilung:

• Kontoführungsgebühren: 3,5 Millionen US-Dollar
• Gebühren für Überweisungen: 1,8 Millionen US-Dollar
• Gebühren für Geldautomatentransaktionen: 1,2 Millionen US-Dollar
• Überziehungsgebühren: 0,7 Millionen US-Dollar

Gebühren für die Vergabe von Hypotheken

Die Hypothekenvergabegebühren für das Jahr 2023 beliefen sich auf 3,9 Millionen US-Dollar und setzten sich wie folgt zusammen:

Hypothekentyp	Entstehungsgebühren
Wohnhypotheken	3,4 Millionen US-Dollar
Gewerbliche Hypotheken	0,5 Millionen US-Dollar

Provisionen für Anlageprodukte

Die Provisionseinnahmen aus Anlageprodukten beliefen sich im Jahr 2023 auf 2,6 Millionen US-Dollar und verteilten sich wie folgt:

• Verkäufe von Investmentfonds: 1,2 Millionen US-Dollar
• Rentenkontoverwaltung: 0,9 Millionen US-Dollar
• Maklerdienste: 0,5 Millionen US-Dollar

Einnahmen aus digitalen Banktransaktionen

Die Einnahmen aus digitalen Banktransaktionen erreichten im Jahr 2023 1,5 Millionen US-Dollar, mit folgender Aufteilung:

Digitaler Service	Einnahmen
Online-Banking-Transaktionen	0,8 Millionen US-Dollar
Mobile Banking-Transaktionen	0,5 Millionen US-Dollar
Digitale Zahlungsdienste	0,2 Millionen US-Dollar

Generations Bancorp NY, Inc. (GBNY) - Canvas Business Model: Value Propositions

You're looking at the final phase of Generations Bancorp NY, Inc. (GBNY), which means the value proposition isn't about future growth; it's about the mechanics of the wind-down following the Purchase and Assumption (P&A) Transaction with ESL Federal Credit Union.

The core value for every stakeholder is tied directly to the cash distribution event, which is now firmly scheduled following the November 18, 2025, regulatory approval from the National Credit Union Association (NCUA).

For Shareholders: Realizing a final cash payout of $18.00 to $20.00 per share

The primary value proposition for you as a shareholder is the estimated aggregate cash distribution for each share of Generations Bancorp common stock owned. This is the final return on your equity investment, as Generations Bancorp will dissolve following the Bank Asset Sale.

The expected per share consideration is between $18.00 and $20.00 in cash. This distribution is planned in two stages:

• The substantial majority of the total per share consideration is expected to be distributed within six to nine months following the closing of the P&A Transaction.
• The balance of the per share consideration is to be distributed six to nine months after the first payment.

The P&A Transaction, which involves ESL Federal Credit Union acquiring substantially all of Generations Bank's assets and liabilities, is agreed to close on January 1, 2026.

Here are the key figures underpinning this value proposition:

Metric	Value
Estimated Cash Payout Per Share	$18.00 to $20.00
Total Cash Consideration Paid by ESL Federal Credit Union	$26.2 million
Generations Bank Total Assets Being Acquired	$401 million
Total Shares of Common Stock Outstanding (Approximate)	2.28 million

For Customers: Local community banking services continuity via the P&A

For the customers of Generations Bank, the value proposition is the continuity of service, as ESL Federal Credit Union is acquiring substantially all assets and liabilities, including deposit account liabilities. This ensures that banking relationships are maintained through the transition.

Generations Bank previously operated from its main office in Seneca Falls, New York, plus eight full-service offices and one drive-through facility across Auburn, Farmington, Geneva, Medina, Phelps, Union Springs, and Waterloo, New York.

The acquisition allows ESL Federal Credit Union to bring its services to these communities, expanding its footprint to more than 30 full-service branches throughout the Greater Rochester and Finger Lakes region, including parts of Cayuga, Seneca, Ontario, and Orleans counties.

For Municipalities: Specialized municipal banking services until closing

The value for municipalities is the continuation of specialized municipal banking services provided by Generations Bank up until the P&A Transaction closes on January 1, 2026. This ensures no interruption in service delivery for local government entities during the transition period governed by the Purchase and Assumption Agreement.

The operational status of Generations Bank, which is the subsidiary, remains intact until the closing date, providing a defined period for municipal partners to transition or rely on existing service structures.

For Investors: A short-term merger arbitrage opportunity

For you as a late-stage investor, the value proposition is a defined, short-term arbitrage opportunity. The investment thesis is not based on the bank's operational performance-which showed a trailing 12-month Net Income of -$4.78 million and an EPS of -$2.21 as of November 2025-but on the certainty of the cash payout.

The stock is trading at a discount to the expected liquidation value, creating a capture opportunity before the final closing date of January 1, 2026. The stock price as of December 4, 2025, was $17.8, which sits within the expected payout range of $18.00 to $20.00 per share.

This arbitrage play is characterized by:

• Low institutional ownership, reported effectively at 0.00%.
• A defined exit date: Closing on January 1, 2026.
• The entire value being derived from the cash distribution, not the underlying bank assets.

Finance: draft 13-week cash view by Friday.

Generations Bancorp NY, Inc. (GBNY) - Canvas Business Model: Customer Relationships

You're looking at the customer relationships for Generations Bancorp NY, Inc. (GBNY) as the company navigates a major transition-the Purchase and Assumption (P&A) Transaction with ESL Federal Credit Union. This context heavily influences how relationships are managed right now, shifting from long-term institution-building to managing an orderly wind-down for shareholders and service continuity for customers until the expected closing date of January 1, 2026.

The core customer base-consumers, businesses, and municipalities in the Finger Lakes region-is primarily served through a transactional service model for day-to-day banking needs. This is the engine running the business while the corporate structure is being dissolved. For instance, as of December 31, 2024, total deposits stood at $326.5 million, reflecting an 8.7% decrease from the prior year's $357.6 million. This transactional layer is supported by a physical footprint of nine retail locations across New York State, including Seneca Falls, Auburn, and Geneva.

The relationship structure for municipal clients is distinct. The Municipal Banking segment operates as a New York State-chartered limited-purpose commercial bank specifically for local municipalities. Even with the pending sale, municipal deposits held at Generations Commercial Bank were reported at $9.0 million as of December 31, 2024, a slight dip of 2.6% from $9.2 million the year before. This suggests a level of dedicated, specialized service that requires relationship management, even as the bank prepares to transfer these accounts.

Here's a quick look at the key financial metrics underpinning these customer relationships as of the last reported year-end:

Metric	Value (as of 12/31/2024)	Change from 12/31/2023
Total Deposits	$326.5 million	Decreased by 8.7%
Municipal Deposits (Commercial Bank)	$9.0 million	Decreased by 2.6%
Retail Locations	Nine	N/A
FHLBNY Grant Distribution (Orleans County)	$50,000	N/A

Direct communication with shareholders is currently dominated by the corporate action: the liquidation plan. Shareholders voted to approve the P&A Agreement and the Company's Plan of Liquidation and Dissolution on February 20, 2025. This communication is highly focused on the expected payout. Generations Bancorp NY, Inc. currently estimates that shareholders will receive an aggregate of between $18.00 and $20.00 in cash for each share owned. The timeline for this payoff is concrete: the substantial majority of that per-share consideration is expected to be distributed within six to nine months following the closing of the transaction. Any stockholder wishing to contact the Board of Directors regarding these matters is directed to write to the Corporate Headquarters at 20 East Bayard Street, Seneca Falls, New York 13148, Attention: Board of Directors.

Community-focused engagement remains a visible part of the relationship strategy, often facilitated through external partnerships. Generations Bank actively secures funding to support local organizations in its service area. For example, the bank announced securing $50,000 in grant funding from the Federal Home Loan Bank of New York (FHLBNY) for distribution to nine non-profits in Orleans County. Similarly, $50,000 in FHLBNY grant money was secured for seven non-profits in Seneca County, and another $50,000 was distributed among five non-profits in Union Springs. This demonstrates a commitment to community investment right up to the final stages of the bank's independent operation.

The relationship model is therefore a dual one right now:

• Transactional service for existing deposit and loan customers, maintaining operations across nine offices.
• Dedicated, high-touch management for municipal clients, whose deposits totaled $9.0 million at year-end 2024.
• Clear, direct communication to shareholders regarding the expected $18.00 to $20.00 per share payout following the P&A closing.
• Continued community investment, evidenced by multiple $50,000 FHLBNY grant distributions.

Finance: draft the cash flow projection incorporating the expected shareholder distribution timeline by Monday.

Generations Bancorp NY, Inc. (GBNY) - Canvas Business Model: Channels

The distribution and communication channels for Generations Bancorp NY, Inc. (GBNY) are anchored in its physical presence across the northern Finger Lakes region and its engagement with the public and shareholders through digital and regulatory avenues.

The physical distribution network for Generations Bank is geographically concentrated within New York State, serving its primary deposit and lending markets.

• Main office located at 20 East Bayard Street, Seneca Falls, New York 13148.
• Network includes eight full-service offices and one drive-through facility.
• Branch locations span Auburn, Farmington, Geneva, Medina, Phelps, Union Springs, and Waterloo, New York.

Consumer access to banking products, which include checking, savings, money market, and certificate of deposit accounts, is facilitated through digital platforms.

The company maintains online and mobile banking platforms to support consumer access to its suite of banking products and services. While specific user numbers for late 2025 aren't available, the commitment to these digital solutions supports the regional customer base.

For common stock trading, Generations Bancorp NY, Inc. utilizes the over-the-counter (OTC) market, specifically the OTCQX tier.

Here's a quick look at the trading metrics as of late September/November 2025:

Metric	Value (as of late 2025)
Stock Exchange Tier	OTCQX
Stock Price (as of 30-Sep-2025)	$17.15
Market Capitalization (as of 30-Sep-2025)	$39.1M
Shares Outstanding (approximate)	2.28M
Average Daily Share Volume (as of 11/14/2025)	9,370 shares
52-Week Range	$14.15 - $17.55

Shareholder communications rely on formal regulatory filings and direct outreach. The company uses these methods to keep investors informed, especially given the pending Purchase and Assumption Transaction with ESL Federal Credit Union, expected to close on January 1, 2026.

Shareholder communication channels include:

• Distribution of SEC Filings such as the 10-K, 10-Q, and Proxy Statements via platforms like SEC.gov and Fintel.
• Mailing of proxy materials, for instance, the Proxy Statement for the 2025 Annual Meeting was first mailed on or about May 23, 2025.
• The 2024 Annual Report was made available at www.generationsbancorpny.com/annual-meeting.
• Shareholders are currently estimated to receive an aggregate cash consideration between $18.00 and $20.00 per share from the P&A Transaction, distributed in two payments.

Generations Bancorp NY, Inc. (GBNY) - Canvas Business Model: Customer Segments

You're looking at the customer segments for Generations Bancorp NY, Inc. (GBNY) right at the moment the company is executing its final transaction, so the focus has sharply narrowed. The traditional banking customer base is now secondary to the event-driven arbitrage investor.

Retail Depositors and Consumers in the Finger Lakes Region, NY

This segment represents the core, long-standing deposit base of Generations Bank, concentrated in the northern Finger Lakes region of New York State. You can map their geographic footprint by the office locations, which include Seneca Falls (HQ), Auburn, Farmington, Geneva, Medina, Phelps, Union Springs, and Waterloo, covering parts of Cayuga, Seneca, Ontario, and Orleans counties.

As of the last full reporting period, the scale of this segment's funding was significant:

Deposit Category (As of December 31, 2024)	Amount (Millions USD)
Total Deposits	$326.5 million
Interest-bearing Accounts	$278.1 million
Certificates of Deposit (CDs)	$146.0 million
Noninterest-bearing Deposits	$48.3 million

The CD maturity profile shows that $134.5 million of these deposits were scheduled to mature in one year or less from December 31, 2024.

Local Businesses Requiring Commercial Real Estate and Consumer Loans

This group is served by the Community Banking segment, which historically provided loans to consumers and businesses, including mortgage banking services. While the P&A transaction with ESL Federal Credit Union means the loan portfolio is being transferred, the historical scale gives you context on the business Generations Bank was running.

The total asset base, which includes these loans, stood at $387.1 million at December 31, 2024. The loan portfolio itself saw a reduction, with net loans decreasing by $26.0 million between December 31, 2023, and December 31, 2024.

The Community Banking segment also historically included an Insurance Agency component, providing coverage to businesses and individuals.

New York State Local Municipalities (Municipal Banking Segment)

Generations Commercial Bank was specifically chartered to handle public funds from local municipalities, mainly within the Finger Lakes Region and Northwest New York State. This segment is a distinct, limited-purpose operation.

The deposits from this segment show a slight contraction leading up to the sale:

• Municipal deposits held at Generations Commercial Bank decreased by 2.6% to $9.0 million at December 31, 2024.
• This was down from $9.2 million at December 31, 2023.

Merger Arbitrage/Liquidation Investors Seeking the Cash Payout

This is the dominant customer segment as of late 2025, as the company is executing a Plan of Liquidation and Dissolution following the sale of its subsidiary bank. These investors are focused purely on the final cash distribution.

Here are the critical numbers driving this segment's interest:

• P&A Transaction with ESL Federal Credit Union received final NCUA approval on November 18, 2025.
• Expected closing date for the transaction: January 1, 2026.
• Estimated aggregate cash payout per share: between $18.00 and $20.00.
• Stock price as of November 19, 2025: approximately $17.61 per share.
• Total Shares Outstanding: Approximately 2.28 million shares.
• Total Market Capitalization (as of November 2025): Roughly $39.1 million.
• The payout is structured in two separate installments.

For context on the pre-sale operational performance that these investors are now ignoring, the Trailing Twelve Months (TTM) loss was $4.78 million, with a negative Earnings Per Share (EPS) of -$2.21.

Generations Bancorp NY, Inc. (GBNY) - Canvas Business Model: Cost Structure

You're looking at the core outflows for Generations Bancorp NY, Inc. (GBNY) as it navigates the final stages before the P&A Transaction closes on January 1, 2026. The cost structure here is heavily influenced by personnel and the winding down of operations, though we must rely on the latest reported full-year figures, primarily from December 31, 2024, for concrete numbers.

Employee compensation and benefits are a major fixed cost. For the year ended December 31, 2024, this expense was reported at $4.3 million, which represented a decrease of $1.8 million, or 29.0%, compared to the prior year. This figure supports the workforce, which the company profile indicates is comprised of 74 total staff.

The costs associated with the Purchase and Assumption (P&A) Transaction and the subsequent voluntary dissolution are material. Legal and professional fees saw a significant jump; for instance, professional services increased by $1.0 million, or 136.0%, during the year ended December 31, 2024. This reflects the complexity of the shareholder-approved plan, which moved forward after receiving approval on February 20, 2025.

Financing costs are tied directly to the balance sheet structure. As of the second quarter of 2024, Generations Bancorp NY, Inc. reported total liabilities of $366.21 million. While total interest expense on all liabilities isn't explicitly stated for the period, the borrowing expense component for the full year 2024 was $1.0 million, up 29.9% from $783,000 in 2023. This increase in borrowing cost was driven by a 47 basis point rise in the average cost of borrowings to 4.22% for 2024.

For branch operating expenses, we look at the physical footprint that these costs support. Generations Bank operates from its main office in Seneca Falls, plus eight full-service offices and one drive-through facility across the northern Finger Lakes region. Specific figures for rent, utilities, and maintenance for 2025 aren't available, but general noninterest expenses in 2024 saw decreases in professional services, other expenses, and advertising, offset by other factors.

Here's a quick look at the key cost drivers based on the latest available annual data:

Cost Category	Latest Reported Amount	Reporting Period/Context
Employee Compensation & Benefits	$4.3 million	Year Ended December 31, 2024
Total Liabilities	$366.21 million	Q2 2024
Borrowing Expense (Component of Interest Expense)	$1.0 million	Year Ended December 31, 2024
Increase in Professional Services Expense	$1.0 million	Year Ended December 31, 2024
Staff Count	74	Current Profile
Physical Locations (Offices/Drive-Throughs)	9 (8 full-service + 1 drive-through)	As of 2025 Filings

You should track the finalization of the P&A Transaction closely, as that event will trigger the final dissolution costs and the cessation of most ongoing operating expenses, like the $4.3 million in 2024 compensation costs. The structure shifts from an operating bank to a liquidation entity.

• Staff Count: 74 employees.
• Compensation & Benefits (2024): $4.3 million.
• Liabilities Balance (Q2 2024): $366.21 million.
• Borrowing Expense (FY 2024): $1.0 million.
• Professional Services Expense Growth (2024): Increase of $1.0 million.

Finance: draft 13-week cash view by Friday.

Generations Bancorp NY, Inc. (GBNY) - Canvas Business Model: Revenue Streams

You're looking at how Generations Bancorp NY, Inc. (GBNY) actually brings in the money, which is what the Revenue Streams block of the Business Model Canvas is all about. For a bank holding company like GBNY, the primary engine is interest income, but the fee-based income from services is also a key part of the mix.

The core revenue driver is the Net Interest Income, which comes from the difference between what Generations Bancorp NY, Inc. earns on its assets, primarily loans, and what it pays out on its liabilities, like deposits. As of the end of fiscal year 2024, the reported Net Loans balance stood at $307.5 million. For the full year 2024, the Net Interest Income was $7.2 million, a decrease from $8.7 million reported for the year ended December 31, 2023. This shift reflects a tightening net interest margin, which decreased 45 basis points to 1.98% for 2024 from 2.43% in 2023. That's the main story in bank revenue right now.

Beyond the interest spread, Generations Bancorp NY, Inc. generates non-interest income from various customer services. These streams are smaller but important for diversification. Here's a look at the key non-interest income components, comparing the latest full-year figures with the historical TTM examples you mentioned, which align with the 2023 results:

Revenue Stream Component	Latest Annual Figure (FY 2024, in thousands USD)	Historical Example Figure (FY 2023, in thousands USD)
Debit Card Interchange and Surcharge Income	$677K	$731K
Service Charges on Deposit Accounts	$512K	$541K
Insurance Commissions	$2K	$156K
Loan Servicing Fees	$148K	$139K
Net Gain on Sale of Generations Agency	-	$312K

The insurance segment revenue saw a dramatic change. Insurance commissions dropped sharply to $2,000 for the year ended December 31, 2024, down from $156,000 in 2023. This was directly tied to the sale of the book of business to Northwoods on June 1, 2023. Also, note the one-time $312,000 net gain recognized in 2023 from that same agency sale, which won't repeat in the 2025 run rate.

You can see the specific fee-based revenue sources clearly in this breakdown:

• Debit card interchange fees and surcharges were $677,000 for the full year 2024, compared to the $731,000 seen in 2023.
• Service charges on deposit accounts, covering things like overdrafts and transaction fees, totaled $512,000 in 2024, down from $541,000 in 2023.
• Insurance commissions from the Insurance Agency segment were minimal at $2,000 for 2024, reflecting the prior year's sale, compared to the $156,000 earned in 2023.

The total non-interest income for the year ended December 31, 2024, was $1,339,000, a notable drop from the $1,879,000 reported for 2023, largely due to the absence of the agency sale gain and lower insurance commissions. Finance: draft 13-week cash view by Friday.