Generations Bancorp NY in Seneca Falls is selling its insurance agency’s book of business.
The $379 million-asset company disclosed in a regulatory filing Thursday that The Northwoods Corp. is buying the book of business, with payments expected to be made over a six-year period.
The amount of the payments was not disclosed.
Generations also said that Northwoods would assume customer service responsibilities for Generations Insurance Agency, effective April 1.