About Us

Lake Shore Bancorp, Inc.

Lake Shore Bancorp, Inc. is the mid-tier holding company of Lake Shore Savings Bank, a mission-driven community institution dedicated to serving the financial needs of consumers and businesses within the Bank’s Western New York market area.

The Company’s common stock is traded on the NASDAQ Global Market as “LSBK” and its 5.7 million shares, including 3.6 million mutual holding company (MHC) shares, had a market cap of approximately $68.9 million on December 31, 2022. The Company had total consolidated assets of $699.9 million and total deposits of $570.1 million at the end of 2022.

Lake Shore Savings Bank is dedicated to serving the financial needs of customers and businesses in Western New York, which it has been doing for more than 130 years. Our focus is on providing high-quality, personal customer service through our 11 full-service branches and 17 ATMs that are located throughout Chautauqua and Erie counties. Locally headquartered in Western New York, Lake Shore Savings Bank has retail locations in Depew, Dunkirk, East Amherst, Fredonia, Hamburg, Jamestown, Kenmore, Lakewood, Orchard Park, Snyder, and Westfield, where it offers a broad range of retail and commercial lending and deposit services.

Our Mission

At Lake Shore Savings, “Putting People First” means helping our customers, energizing our employees, respecting our shareholders, and serving the communities in our region.

Lake Shore’s mission is to deliver outstanding customer service to customers, build lasting customer relationships, and assist customers in achieving their financial goals.

Lake Shore Savings professionals will meet customer and bank needs in an environment that provides professional growth opportunities and fair rewards.

We will be responsive to our shareholders by maintaining a strong financial position as an independent bank with an emphasis on profitability, fair shareholder returns, and bank safety and soundness.

We will build our success as a locally operated financial institution, to serve the financial needs of our communities.