While it can sometimes be hard to picture what the world will look like once this is all over, Lake Shore is here to help you consider your financial options for post-COVID-19 and beyond.


We have witnessed an unprecedented shift in society over the last few weeks. This shift has impacted finances for individuals, families, businesses, and more. If there’s anything that has remained constant during this time, it’s Lake Shore Savings Bank’s commitment to being a dedicated financial partner to lean on. Whether you’re looking for your first mortgage or looking to refinance with a HELOC, trust that Lake Shore Savings Bank has the answers and will offer you support.

Historically Low Mortgage Rates

U.S. mortgage rates have fallen to an all-time low due to COVID-19. According to HousingWire.com, the average rate for a 30-year fixed mortgage has fallen to as low as 3.23% APR (as of April 30, 2020). This is the lowest ever recorded by Freddie Mac in data that goes back to 1971. While mortgages can seem overwhelming, there is truly no better time to apply than now. Lake Shore Savings Bank can help you understand each step in the home buying path, and you can even apply right on our website in as little as twenty minutes.


If you have built up equity in your home, borrowing against it has rarely been more favorable. With a special 12-month, 2.50% introductory APR from Lake Shore Savings Bank, you can use a HELOC for any of life’s expenses. No matter what may be on your financial horizon, a HELOC can be the smart lending option to help you move forward.

Personal Loans to Cover Everything and Anything

Personal loans are a great option to fund specific needs or purposes. Every year, millions of Americans use personal loans to consolidate their debt, pay for unexpected expenses, fund home improvement projects, and more. Lake Shore Savings can help you get the extra money you need for whatever may have come up. Our options include auto loans, overdraft lines of credit, and secured and unsecured consumer loans to name a few.

With a variety of lending options to choose from and expert loan specialists on hand, we’re available to help you understand your choices and determine the loan that best fits your needs in this ever-changing landscape. For more information, visit our website or give us a call at (716) 366-4070.