Generations Bank, 152 Cayuga St, Union Springs, NY 13160, US

In an effort to prevent invasion by a competitor, in 1976 the bank changed the main office from Aurora to Union Springs. It also changed its name from the First National Bank of Aurora to Cayuga Lake National Bank. This move provided home-office protection and preserved the Bank's competition borders. The two branches continue to provide their hallmark community service, which is nearly unique within the banking industry. In 1988 the Board of Directors established a holding company, Cayuga Lake Bank Corporation. Cayuga Lake National Bank is the sole subsidiary of the holding company. This structure positions the Bank for future growth and development. Operational during three centuries, the Bank has demonstrated 140 years of progressive growth. During the past 10 years, the bank's assets have almost doubled, growing from $40 million in assets to more than $80 million. The banking industry has faced extreme challenges in recent years. The wave of technology and downsizing has curtailed the personal touch and accessibility to "real people." Fortunately, these changes have strengthened the Bank's position. Bank employees are able to provide the hometown service that promotes community banking. This key asset of the Bank shows in the number of years its employees have served the community. Management has dedicated over 140 years of experience.