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Lake Shore announces dip in income for fourth quarter | News, Sports, Jobs
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LAKE SHORE BANCORP, INC : Results of Operations and Financial Condition, Financial Statements and Exhibits (form 8-K)
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Catharine Young
Lake Shore Bancorp, Inc., the holding company for Lake Shore Savings Bank, announced today that Catharine M. Young has been appointed to the company’s board of directors. Young is currently the executive director of the New York State Center of Excellence for Food and Agriculture at Cornell University’s AgriTech Center, a position she has held since March 2019. Prior to this, she served for 20 years in the New York State Legislature as a senator and assemblywoman.
As a senator for 14 years, Young represented Western New York’s 57th District, which included Chautauqua, Cattaraugus, Allegany and part of Livingston counties. She was a trailblazer, becoming the first woman to chair the Senate’s Standing Committee on Finance – the second-highest rank in the Senate. She also chaired the Committee on Housing, Construction and Community Development, making her uniquely valuable to Lake Shore Bancorp and its consumer and commercial business teams.
Dec 5, 2020
COCC, a leading provider of next generation technology services for financial institutions based in Southington Conn., is proud to announce its new partnership with Lake Shore Savings Bank as the bank’s core technology provider.
Headquartered in Dunkirk, Lake Shore serves the communities of Western New York with 11 locations along Lake Erie, including Buffalo. The bank, with $682 million in total assets, chose COCC to improve efficiency and flexibility with a cost-effective and state-of-the-art solution.
“With a more user-friendly and robust, real-time system, our employees can focus on customer needs,” Lake Shore Chief Financial Officer, Rachel Foley said.
According to Lake Shore Chief Executive Officer and President Daniel Reininga, the partnership with COCC will support the bank’s mission of putting people first. “This means helping customers, energizing employees, respecting shareholders, and serving our community. These are the same values we saw withi