Foundations Bank: Parent completes successful capital raise

Over $5 million raised to position bank for future growth

PEWAUKEE, WI – May 15, 2013 – The Boards of Directors of Generations Bancorp, Inc. and Foundations Bank announced that it has successfully completed its capital raise by receiving new capital in excess of $5 million. The capital raised at the holding company was injected into the Bank in May. “The additional capital increases the bank’s capital ratios well above the regulatory requirement and positions the company to move forward as an organization,” said John Hazod, Interim President.

Generations Bancorp, Inc., the Bank’s holding company, plans to keep the Stock Offering open until July 1, 2013, which will enable other shareholders and new investors to augment the capital already raised. The Bank has begun a new marketing campaign in the second quarter of 2013 to attract new customers. As a local community bank, its focus is to deliver superior services to businesses and consumers with the responsiveness that differentiates itself from large financial institutions.

“This capital is another step in moving Foundations Bank in a positive direction. The Board, management, and the entire bank staff have concentrated its efforts on improving the Bank’s loan portfolio over the past couple years. The Bank has made tremendous progress in reducing the level of nonperforming assets. The new capital will provide the support to begin building the asset base again through prudent underwriting of new loans, Hazod continued.

Foundations Bank is a member of Generations Bancorp, Inc. and an independent community bank located in Pewaukee, Wisconsin with total assets of $126 million. The bank primarily serves the Lake Country & Waukesha County markets with a broad range of banking services to both commercial and consumer customers. For more information, visit http://www.foundationsbank.com.

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Contact: John Hazod

John.Hazod@foundationsbank.com

(262) 691.9436