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