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Former TierOne Bank CEO and president agree to garnishment of millions of FDIC money

The move came in a criminal case where Gilbert Lundstrom was convicted of a scheme to conceal losses on real estate loans from regulators and shareholders, which ultimately led the

Business Beat: Leggott retiring from York State Bank

By Dave Sjuts Garold Leggott says it’s kind of hard to think about, the fact that he will be stepping away from a banking career that spanned a lot of years and two different stints in York.  “It’s hard to believe that I’m doing this,” said Leggott who plans on retiring here at the end of December. He had already stepped down as President of York State Bank back on April 1, when Mark Way assumed the position.  Leggott had stayed on as Chairman of the Board through the balance of 2020 but he has decided it’s time.

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