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    SEC Form POS AM filed by Generations Bancorp NY Inc.

    10/15/24 3:10:43 PM ET
    $GBNY
    Savings Institutions
    Finance
    Get the next $GBNY alert in real time by email
    POS AM 1 pos_am.htm POST-EFFECTIVE AMENDMENT NO. 1 TO FORM S-8
    Registration No. 333-265611

    As filed with the Securities and Exchange Commission on October 15, 2024

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C.  20549
    ____________________

    POST-EFFECTIVE AMENDMENT NO. 1
    TO
    FORM S-8
    REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933


    Generations Bancorp NY, Inc.
    (Exact Name of Registrant as Specified in its Charter)

    Maryland
     
    85-3659943
    (State or Other Jurisdiction of Incorporation or Organization)
     
    (I.R.S. Employer Identification No.)

    20 East Bayard Street
    Seneca Falls, New York 13148
    (Address of Principal Executive Offices)

    Generations Bancorp NY, Inc. 2022 Equity Incentive Plan
    Generations Bank 401(k) Plan
    (Full Title of the Plan)

    Angela M. Krezmer
     
    Copies to:
    President and Chief Executive Officer
     
    Steven Lanter, Esq.
    Generations Bancorp NY, Inc.
     
    Luse Gorman, PC
    20 East Bayard Street
     
    5335 Wisconsin Ave., N.W., Suite 780
    Seneca Falls, New York 13148
     
    Washington, DC 20015
    (315) 568-5855
     
    (202) 274-2000
    (Name, Address and Telephone Number, Including Area Code, of Agent for Service)
       

    Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act:

    Large accelerated filer ☐
    Accelerated filer ☐
    Non-accelerated filer ⌧
    Smaller reporting company ⌧
     
    Emerging growth company ⌧

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐
    _____________________

    This Registration Statement shall become effective upon filing in accordance with Rule 464 promulgated under the Securities Act of 1933, as amended.


    DEREGISTRATION OF SHARES

    Generations Bancorp NY, Inc. (the “Company”) is a savings and holding company, and the classes of securities to which this Registration Statement on Form S-8 (File No. 333-265611) (the “Registration Statement”) relates is held by fewer than 1,200 shareholders of record.  The Company is filing this Post-Effective Amendment No. 1 to the Registration Statement to deregister all of the shares of common stock, $0.01 par value, of the Company, and related stock options therefor, registered under the Registration Statement that remain unissued under the Generations Bancorp NY, Inc. 2022 Equity Incentive Plan and participation interests in the Generations Bank 401(k) Plan.





    SIGNATURES

    The Registrant.  Pursuant to the requirements of the Securities Act of 1933, as amended, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Seneca Falls, State of New York, on October 15, 2024.
       
    GENERATIONS BANCORP NY, INC.
     
     
     
    By   :
    /s/ Angela M. Krezmer
       
    Angela M. Krezmer
       
    President and Chief Executive Officer
       
    (Duly Authorized Representative)

    Pursuant to the requirements of the Securities Act of 1933, as amended, this registration statement has been signed by the following persons in the capacities and on the date indicated.
    Signatures
     
    Title

    Date
             
     
     /s/ Angela M. Krezmer*
     
    President, Chief Executive, Chief Financial Officer and Director
     
    October 15, 2024
    Angela M. Krezmer
     
    (Principal Executive Officer and Principal Financial Officer)
       
             
             
    /s/ Bradford M. Jones*
     
    Chairman of the Board
     
    October 15, 2024
    Bradford M. Jones
           
             
             
       
    Director
       
    Cynthia S. Aikman
           
             
             
       
    Director
       
    James E. Gardner
           
             
             
    /s/ Gerald Macaluso*
     
    Director
     
    October 15, 2024
    Gerald Macaluso
           
             
             
    /s/ Dr. Frank J. Nicchi*
     
    Director
     
    October 15, 2024
    Dr. Frank J. Nicchi
           
             
             
    /s/ Dr. Jose Acevedo*
     
    Director
     
    October 15, 2024
    Dr. Jose Acevedo
           
             
             
       
    Director
       
    Alicia H. Pender
           
             
             
    /s/ Vincent P. Sinicropi*
     
    Director
     
    October 15, 2024
    Vincent P. Sinicropi
           

     
    *  Pursuant to a Power of Attorney dated June 15, 2022, contained on the signature page to the Registration Statement on Form S-8 filed by Generations Bancorp NY, Inc. on June 15, 2022.





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