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Lake Shore Savings Bank awards $14,000 in grants to local nonprofit organizations

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Tue, Jan 7th 2020 10:40 am

Lake Shore Bancorp Inc., the holding company for Lake Shore Savings Bank, recently announced the bank awarded $14,000 in grants to local nonprofit organizations throughout Erie and Chautauqua counties.

The following organizations were recipients of the latest grant awards:

  • Food Bank of WNY
  • Chautauqua Opportunities
  • Robert H Jackson Center
  • United Way of Northern Chautauqua County
  • Boutwell Hill Ski Club Inc.
  • Feed The Children (and Senior Citizens)Program
  • Northlake Family Recreation Center
  • SABAH
  • Seneca Street CDC
  • Chautauqua County Office for the Aging

The bank’s community reinvestment committee, comprised of four members from the local communities, is charged with reviewing all submitted grant applications, and ultimately deciding the nonprofits to receive grant awards, which are awarded twice a year. Employees of Lake Shore Savings Bank do not play a role in the decision-making process.

"We are so proud to continue to award such deserving organizations with much-needed funding to support the invaluable work they do throughout our communities,” said Daniel P. Reininga, president and CEO.

More detailed information about the community reinvestment grants, including frequently asked questions, eligibility requirements, and a grant application, can be found on the bank’s website at https://www.lakeshoresavings.com/putting-people-first/.

About Lake Shore

Lake Shore Bancorp Inc. is the mid-tier holding company of Lake Shore Savings Bank, a federally chartered, community-oriented financial institution headquartered in Dunkirk. The bank has 11 full-service branch locations in Western New York, with five locations in Chautauqua County and six locations in Erie County. The bank offers a broad range of retail and commercial lending and deposit services. Additional information about the company is available at www.lakeshoresavings.com.

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