---
schema_version: "secwatch.filing_event.v1"
accession: "0000943374-23-000494"
form_type: "8-K"
ticker: "GBNY"
cik: "0001823365"
company_name: "Generations Bancorp NY, Inc."
filed_at: "2023-12-21T23:59:59+00:00"
generated_at: "2026-06-07T09:19:28.364826+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Generations Bancorp promotes Angela Krezmer to President, CEO, CFO; salary raised to $250,000

## Summary
- Angela Krezmer promoted to President, CEO and CFO of Generations Bank and appointed to boards.
- Base salary increased to $250,000 per year under amended employment agreement effective Dec 18, 2023.
- Prior agreement replaced; other terms generally consistent with previous employment contract.
- Krezmer previously served as CFO; now assumes expanded executive roles.

## SEC filing metadata
- accession: 0000943374-23-000494
- form_type: 8-K
- ticker: GBNY
- cik: 0001823365
- company_name: Generations Bancorp NY, Inc.
- filed_at: 2023-12-21T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1823365/000094337423000494/0000943374-23-000494-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1823365/000094337423000494/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000943374-23-000494
- JSON: https://secwatch.observer/filing/0000943374-23-000494.json
- Plain text: https://secwatch.observer/filing/0000943374-23-000494.txt

## Key facts
- Executive change
  Angela M. Krezmer changed role as President, Chief Executive Officer and Chief Financial Officer at Generations Bancorp NY, Inc..
  - Action: changed
  - Role: President, Chief Executive Officer and Chief Financial Officer
  source text: Ms. Krezmer’s position changed to President, Chief Executive Officer and Chief Financial Officer
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823365/000094337423000494/0000943374-23-000494-index.htm
- Executive change
  Angela M. Krezmer was appointed as Director at Generations Bancorp NY, Inc..
  - Action: appointed
  - Role: Director
  source text: Ms. Krezmer was appointed to the Board of Directors of both the Company and the Bank
  evidence_url: https://www.sec.gov/Archives/edgar/data/1823365/000094337423000494/0000943374-23-000494-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.