UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
Current Report
Pursuant to Section 13 or 15(D) of
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 25, 2007
Seneca-Cayuga Bancorp, Inc.
(Exact name of registrant as specified in its charter)
United States of America 000-52111 16-1601243
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(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File No.) Identification No.)
19 Cayuga Street, Seneca Falls, NY 13148
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(Address of Principal Executive Offices)
(315) 568-5855
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(Registrant's telephone number, including area code)
Not Applicable
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(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provision (see General Instruction A.2. below):
( ) Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
( ) Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
( ) Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
( ) Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange
Act (12 CFR 240.13e-4(c))
Item 5.02 - Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers
The Boards of Directors of Seneca-Cayuga Bancorp, Inc. (the "Company") and
the Company's wholly-owned subsidiary Seneca Falls Savings Bank (the "Bank")
announced today that it has adopted a management succession plan. President,
Robert E. Kernan, Jr., will retire from that role as of January 1, 2008. Menzo
D. Case, current Executive Vice President and Chief Financial Officer of the
Company and the Bank, has been named as Mr. Kernan's replacement. Mr. Kernan
will also retire from his role as Chief Executive Officer of the Company and the
Bank on July 1, 2008, and Mr. Case will also assume that role at that time. Mr.
Kernan will continue in his role as Chairman of the Board for both the Company
and the Bank.
Mr. Case was named Executive Vice President and Chief Financial Officer in
2002 and was originally hired as the Bank's Treasurer and Chief Financial
Officer in 1999. Prior to joining the bank, Mr. Case served as the Executive
Vice President and Chief Financial Officer of Adirondack Financial Services
Bancorp, Inc., a savings and loan holding company located in Gloversville, New
York.
A press release related to this announcement is attached as exhibit 99.1.
Item 9.01 - Financial Statements and Exhibits
(a) Financial statements of businesses acquired. None.
(b) Pro forma financial information. None.
(c) Shell company transactions. None.
(d) Exhibits.
Exhibit No. Description
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99.1 Press Release dated September 25, 2007
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned, hereunto duly authorized.
Seneca-Cayuga Bancorp, Inc.
Date: September 25, 2007 /s/ Menzo D. Case
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Menzo D. Case
Executive Vice President and Chief
Financial Officer
Exhibit 99.1