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Junius selects Chemung as new bank for CDs after Generations Bank buyout
Junius Town Board · April 1, 2025
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Summary
The board recorded that Chemung will be the new bank holding the town's certificates of deposit following Generations Bank being bought out and unable to handle municipal business.
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Under old business the board recorded that Generations Bank was bought out and will not be able to handle municipal business, and the town identified Chemung as the new bank for CDs. No specific account numbers or transfer dates were recorded in the transcript.
The change was recorded as part of the board's administrative housekeeping and no vote detail beyond the notation was included in the minutes excerpt provided.
