Sanvidge named vice chairman of Lake Shore Bancorp, Inc. Board of Directors

Kevin M. Sanvidge

Lake Shore Bancorp, Inc., the holding company for Lake Shore Savings Bank has named Kevin M. Sanvidge as vice chairman of the company’s Board of Directors.

Sanvidge, former chief executive officer and administrative director of the Chautauqua County Industrial Development Agency, has served on the Lake Shore Board since 2012, where he serves on the nominating and governance committees, and is the chair of the compensation committee.

Sanvidge holds a bachelor of arts degree in economics and political science from Concordia University (Loyola of Montreal) and completed the Executive Management Seminar at Rensselaer Polytechnic Institute. As chief executive officer and administrative director of the Chautauqua County IDA, Sanvidge was responsible for facilitating development within Chautauqua County by attracting new businesses while promoting the retention and expansion of existing businesses with assistance in the form of tax abatements, low interest loans or bond financing to enhance opportunities for job creation and retention.

As the former executive vice president for Cliffstar Corporation, Sanvidge was responsible for supply chain management, information services, logistics, human resources and quality assurance and grower relations. Sanvidge started his professional career Al Tech Specialty Steel Corporation, holding several management assignments over a 22-year period and was vice president of administration. He was a member of the ECR International Board of Directors until December 2015 and had served as chairman of Compensation Committee. He is actively involved in the community, serving as a director or member of numerous community and business organizations in Chautauqua County over the last 20 years.

“We are proud to have Kevin accept an even greater leadership role on our Board,” stated Gary W. Winger, chairman of the Board of Directors. “Kevin has proven to be an incredible asset to our team, and his contributions have positively impacted our corporate direction as we continue to implement our strategic plan.”

Sanvidge resides in Fredonia and has three daughters, Casey DeMarco (Mike), Kathleen Eoannou (Craig) and Britany Sanvidge.

About Lake Shore

Lake Shore Bancorp, Inc. (NASDAQ:LSBK) 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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