{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-081498","form_type":"8-K","ticker":"GBNY","cik":"0001823365","company_name":"Generations Bancorp NY, Inc.","filed_at":"2024-07-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:14.688307+00:00","generated_at":"2026-05-31T18:36:29.138942+00:00","sec_items":["1.01","9.01"],"event_type":"regulatory","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Generations Bank enters OCC supervisory agreement over unsafe practices","bullets":["OCC found unsafe/unsound practices in board oversight, strategic planning, liquidity and interest rate risk management.","Bank must appoint a Compliance Committee of at least 3 directors, majority non-employee, within 15 days.","Requires written Board Oversight and Corporate Governance Program within 90 days, subject to OCC no-objection.","Must submit a three-year Strategic Plan within 120 days; annual updates and quarterly performance evaluations required.","Liquidity and interest rate risk management programs must be developed within 90 days, including contingency funding and stress testing."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-081498","json":"https://secwatch.observer/filing/0001104659-24-081498.json","markdown":"https://secwatch.observer/filing/0001104659-24-081498.md","text":"https://secwatch.observer/filing/0001104659-24-081498.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1823365/000110465924081498/0001104659-24-081498-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1823365/000110465924081498/tm2419861d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-31T18:36:29.138942+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}