Generations Bancorp NY Inc. and ESL Federal Credit Union Secure Regulatory Approval for Deal

Reuters
2025.11.18 21:20
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Generations Bancorp NY Inc., the holding company for Generations Bank, announced that ESL Federal Credit Union has received regulatory approval from the National Credit Union Association for their agreement. The transaction is expected to close on January 1, 2026, with shareholders of Generations Bancorp receiving cash consideration estimated between $18.00 and $20.00 per share. The payments will be distributed over approximately a year following the closing.

Generations Bancorp NY, Inc., the holding company for Generations Bank, announced that ESL Federal Credit Union has received regulatory approval from the National Credit Union Association to proceed with the previously disclosed agreement involving Generations Bank and ESL Federal Credit Union. The parties plan to close the transaction on January 1, 2026, pending customary closing conditions. Shareholders of Generations Bancorp are expected to receive total cash consideration estimated between $18.00 and $20.00 per share, distributed in two payments over the course of approximately a year following the closing. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Generations Bancorp NY Inc. published the original content used to generate this news brief on November 18, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here