Lake Shore Savings Bank announces creation of Millennial Advisory Board

Lake Shore Savings Bank is pleased to announce the creation of its Millennial Advisory Board.

The Millennial Advisory Board will provide non-binding strategic advice to the management of Lake Shore Savings Bank with respect to digital and product relevance catering to the millennial generation.

All nine members, selected based on their respective subject matter expertise, will serve a three-year term with the Millennial Advisory Board:

¯ Alex Czechowski is a State University of New York at Fredonia student, majoring in computer science. He is a web developer for AdValue Marketing, with expertise in web design and digital marketing.

¯ Casy DeMarco is an assistant vice president and associate relationship manager with HSBC Bank, responsible for corporate relationships with up to $5 billion in revenues. She earned her MBA in finance from Niagara University.

¯ Brandon Ihrig teaches math in grades 9-12 at Amherst High School. He earned his master’s in applied and computational mathematics degree from Buffalo State College.

¯ Molly Krauza is an associate attorney with Colucci and Gallaher, PC. She earned her law degree from Vermont Law School, focusing on environmental and natural resources, and serves on the board of Buffalo Green Fund.

¯ Kale Mann is the founder and president of Soar Into Your Destiny, Inc. He serves as a board member of YMCA of Buffalo.

¯ Dr. Sue McNamara is an assistant professor and internship coordinator with the State University of New York at Fredonia School of Business.

¯ Chrissy Ortolano is the director of selection and recruitment with Northwestern Mutual. She earned her degree in marketing from State University of New York at Fredonia.

¯ Chris Phillips is an account executive and project manager for Accessium Group. He earned his bachelor of arts degree in leadership development from Marietta College, and has vast knowledge of digital banking platforms.

¯ Steven Przybyla is executive vice president of business development and general counsel for Dent Neurological Institute. He serves as a board member for Brooks Hospital.

“Lake Shore Savings is thrilled to introduce our Millennial Advisory Board,” said Dan Reininga, president and CEO. “This group of emerging leaders in various areas of expertise, will offer an interesting perspective on the changing landscape of banking, and how we can be better prepared to meet those needs in the form of our online and in-branch products and services.”

The Millennial Advisory Board will work closely with Lake Shore Savings Bank’s Senior Management Team, and will be a key resource in developing customer conveniences going forward.

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About Lake Shore Bancorp, Inc.

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, New York. The Bank has eleven full-service branch locations in Western New York, with five locations in Chautauqua County, New York and six locations in Erie County, New York. The Bank offers a broad range of retail and commercial lending and deposit services. The Company’s common stock is traded on the NASDAQ Global Market as “LSBK.” Additional information about the Company is available at www.lakeshoresavings.com.

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