ESL Federal Credit Union has officially expanded its footprint across the Finger Lakes.
The Rochester-based credit union announced it completed the acquisition of substantially all assets of Generations Bancorp NY, Inc., the holding company of Generations Bank, on Jan. 1. The move adds eight new locations and extends ESL’s reach into several new counties.
How will this impact the ESL customers?
With the deal finalized, ESL now operates 33 full-service branches across the Greater Rochester and Finger Lakes region.
The acquisition gives ESL its first branch locations in Cayuga, Orleans, and Seneca counties, while also expanding its presence in Ontario County. As a result, the credit union now holds more than $9.8 billion in assets and employs more than 1,000 people…