Generations Bancorp's $26.2M Sale To ESL Federal: Big Payouts Await Shareholders As Bank Prepares For Liquidation - Generations Bancorp NY ( NASDAQ:GBNY )

3 weeks ago

Generations Bancorp NY, Inc. GBNY shares are trading higher premarket Tuesday. The company agreed to sell most of its assets and liabilities, including deposits, to ESL Federal Credit Union for $26.2 million in cash. Generations Bank will retain its equity at the effective time of the P&A ...

Ticker	Sentiment	Impact
GBNY	Somewhat Bullish	51 %