Generations Bank (NY) Reviews and Rates

Generations Bank (NY)

TODAY'S FEATURED RATES

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Overview / Commentary

www.mygenbank.com

315-568-5855

19 Cayuga Street
Seneca Falls, NY 13148

Generations Bank (NY) is headquartered in SENECA FALLS and is the 82^nd largest bank in the state of New York. It is also the 2,139^th largest bank in the nation. It was established in 1870 and as of March of 2025, it had grown to 63 employees at 9 locations. Generations Bank (NY)'s CD rates are 4X the national average, and it has a B+ health rating.

Reviews

Write a Review

No reviews have been left for this bank yet. Be the first to review.

Health

B+

Data as of Q1 2025

Learn why bank health matters

Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Generations Bank (NY) has a negative return on equity.

Health Grade Components

Overall
FDIC Certificate #	16040
Year Established	1870
Employees	63
Primary Regulator	OCC

Profit Margin
Return on Assets - YTD	-0.96%
Return on Equity - YTD	-11.21%
Annual Interest Income	$4.2MM

Assets and Liabilities
Assets	Q1 2025vs Q1 2024	$383.7MM$409.6MM
Loans	Q1 2025vs Q1 2024	$301.1MM$329.3MM
Deposits	Q1 2025vs Q1 2024	$330.1MM$347.5MM
Equity Capital	Q1 2025vs Q1 2024	$33.2MM$34.8MM
Loan Loss Allowance	Q1 2025vs Q1 2024	$2.6MM$3.1MM
Unbacked Noncurrent Loans	Q1 2025vs Q1 2024	$2.9MM$3MM
Real Estate Owned	Q1 2025vs Q1 2024	$0$0

TODAY'S FEATURED RATES

Member FDIC

3.50%

Our Rating

4.4 / 5

Capital One

360 Performance Savings

See Offer

Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.

Member FDIC

3.80%

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Member FDIC

up to $300

Our Rating

4.2 / 5

SoFi® Bank, N.A.

SoFi Checking and Savings

See Offer

Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!

Rates

Skip to rates for:

Money Market
CD

Report an Issue

Always verify rates and promotions with the bank or credit union. We are not Generations Bank (NY); we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Generations Bank (NY) Money Market Rates

APY	MIN	MAX	ACCOUNT NAME
3.09%^*	$100k^*	-	Relationship Money Market
OTHER TIERS: 0.51% → $100 - $50k \| 1.02% → $50k - $100k
1.53%^*	$100k^*	-	Money Market
OTHER TIERS: 0.15% → $100 - $10k \| 0.20% → $10k - $25k \| 0.25% → $25k - $50k \| 0.51% → $50k - $100k

Generations Bank (NY) CD Rates

APY	MIN	MAX	ACCOUNT NAME
4.50%	$1k	-	5 Month CD Special
3.75%	$1k	-	6 Month CD Special
3.51%	$1k	-	9 Month CD Special
3.25%	$500	-	1 Year CD Special
3.10%	$500	-	18 Month CD Special
3.00%	$500	-	2 Year CD Special
3.00%	$500	-	3 Year CD Special

Locations

Generations Bank (NY) Locations
Osborne Branch	10 Osborne Street	Auburn, NY 13021
Union Springs Branch	152 Cayuga Street	Union Springs, NY 13160
Bank Of Waterloo Branch	1865 North Road	Waterloo, NY 13165
Generations Bank	19 Cayuga St	Seneca Falls, NY 13148
Geneva Branch	342 Hamilton Street	Geneva, NY 14456
Auburn Branch-Seward Ave Branch	621-631 North Seward Avenue	Auburn, NY 13021
Phelps Branch	89 Main Street	Phelps, NY 14532
Farmington Branch	6120 State Route 96	Farmington, NY 14425
Maple Ridge Road Branch	11182 Maple Ridge Road	Medina, NY 14103

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.