Generations Bancorp is the holding company for Generations Bank, a community savings bank headquartered in Seneca Falls, New York, serving the northern Finger Lakes region. The bank operates a traditional community banking model: it takes in deposits and deploys those funds into loans, earning the spread between funding costs and loan yields. The bank operates nine branch offices and serves customers primarily in Cayuga, Seneca, Ontario, and Orleans counties. Generations Commercial Bank, a subsidiary formed in 2019, accepts deposits exclusively from New York State and local municipalities. The loan portfolio totals roughly $321M, with residential one- to four-family mortgages making up about 52% of loans. A defining feature of Generations Bank's model is its heavy reliance on third-party loan purchases rather than direct origination — a shift that accelerated in late 2023 when the bank moved to exclusively purchasing residential loans to reduce overhead. Beyond residential mortgages, the bank holds manufactured home loans (~15% of loans), RV loans (~7%), and auto loans (~7%), all largely purchased from third-party originators and brokers, with collateral often located outside the local market, providing geographic diversification. The bank funds its loan book primarily through deposits (~$358M) and Federal Home Loan Bank advances. Because the loan portfolio is predominantly fixed-rate, rising deposit costs can compress the bank's net interest margin. The purchased-loan strategy exists partly because the bank's rural local market has experienced population decline and limited organic loan demand, making third-party purchases essential to growing the asset base.