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Business

Lake Shore Bancorp announces second quarter results

Lake Shore Bancorp Inc., the holding company for Lake Shore Savings Bank, reported unaudited net income of $1.4 million, or 23 cents per diluted share, for the second quarter of 2020 compared to net income of $805,000, or 13 cents per diluted share, for second quarter of 2019. For the first ...

Get the most from your membership investment

The Chautauqua County Chamber of Commerce is in business for business. Our consistent goal is to help you grow your business. We do this by driving traffic and sales for your business, connecting business people to one another, providing cost health insurance and human resources support, ...

Northwest Bancshares Inc. announces loss

WARREN, Pa. — Northwest Bancshares Inc. announced a net loss for the quarter ended June 30, 2020, of $6.2 million, or 5 cents per diluted share. This represents a decrease of $32.6 million, or 123.5%, compared to the same quarter last year when net income was $26.4 million or $0.25 per ...

Tranum to step away from Chamber, MAST in 2021

Only one person has held the title of president and chief executive officer of the Chautauqua County Chamber of Commerce while simultaneously holding the title of executive director of the Manufacturers Association of the Southern Tier. That person is Todd Tranum and his tenure will wrap up ...

Schools need funds to reopen in fall

Citing COVID-19 costs as too big for New York school districts to carry alone, U.S. Sen. Charles Schumer, D-New York, said without specific federal funds, schools throughout the Western New York region might not be able to reopen safely come fall. “Everyone wants our schools to reopen, but ...

HR compliance services save your business money

In an effort to help our local member businesses comply with New York State Workplace Harassment requirements, the Chamber of Commerce and Manufacturers Association added a suite of online resources to our list of services last year. By providing the Zywave Learning platform online, our member ...

Greg Fernandez named CFO of Heritage Group

Greg Fernandez, CPA and MBA of Syracuse, has been named chief financial officer of the Heritage Group. Fernandez comes to Heritage with a background of more than 38 years in financial management, specializing in not-for-profit organizations, previously serving as a consultant for ProNexus, ...

Lake Shore Savings Bank receives funds from recovery program

Lake Shore Savings Bank, the subsidiary of Lake Shore Bancorp Inc., has received funds from the FHLBNY Small Business Recovery Grant Program. The money is intended to support the financial security and health of workers employed by organizations that have suffered a decrease in revenue as a ...

Fredonia native scoops up smiles with business

Fredonia’s Maitland Langworthy had a dream for years of having her own ice cream business. It’s a dream that made sense to anyone who knew her. After all, she chose to go to college to become an elementary teacher. So she obviously enjoys being around children — who happen to be big fans ...

City woman wins gift card from Kirk’s Jewelers

Submitted Photo The winner of the $500 Kirk’s Jewelers Gift Card Giveaway was recently presented. Pictured are Kirk Frey presenting to the certificate to Margaret Griffin of Dunkirk.

Harbor Hotel presents check to CAP

Chautauqua Harbor Hotel presented a check of $20,000 to the Child Advocacy Program of Chautauqua County. David Hart, President and CEO of Hart Hotels, presented the check to Lew Meckley, Board President, and Tim Smeal, Board Vice President. Several Child Advocacy Program staff members were also ...

Lake Shore assisting with small business recovery

Lake Shore Savings Bank, a subsidiary of Lake Shore Bancorp, Inc., announced recently that the bank has received funds from the FHLBNY Small Business Recovery Grant Program. These funds are intended to support the financial security and health of workers employed by organizations that have ...

State Sen. Borrello named to Senate ag committee

ALBANY — State Sen. George Borrello has been appointed Ranking Member of the Senate’s Committee on Agriculture and Markets by New York State Senate Republican Leader Rob Ortt. In making the appointment, Ortt said: “As the prior ranking member of the Agriculture and Markets Committee, I ...

Heritage Ministries begins new initiative

Lisa Haglund, Heritage Ministries president and CEO, has begun a new initiative “Feeding the Hearts of Heroes.” “The work our employees do each day is heroic, but especially during the COVID-19 pandemic, they have worked tirelessly,” Haglund said. “During this difficult, and often ...

Plenty to see and do in Chautauqua County

With more and more states being added to New York’s quarantine list, we have a strong recommendation for local vacationers this summer: try a STAY-cation. There is plenty to see and do right here in Chautauqua County, and there may be some local things you’ve never experienced. Chautauqua ...

Several area food banks receive funding from Univera Healthcare

Several area food banks have received funding from Univera Healthcare and its Rochester-based parent health plan. “The ability to earn a paycheck and feed a family are at risk for many people because of the coronavirus and its impact on the economy,” said Art Wingerter, Univera ...

M&T Bank donates $25,000 to FeedMore WNY

FeedMore WNY, formerly the Food Bank of WNY and Meals on Wheels for WNY, announced a $25,000 donation from M&T Bank to support COVID-19 response efforts benefitting local children and older adults. “The pandemic has disrupted many aspects of our lives and countless people are depending ...

Responsible behavior will keep businesses open

With a recent surge in confirmed COVID-19 cases in the United States, it’s a good time for a reminder that how we all behave in this ongoing pandemic plays a dramatic role in how our local businesses can continue to operate. Wearing a mask is not only essential in public places, it is ...

Lake Shore Savings donates to TRC

Lake Shore Savings Bank has donated its sponsorship money for the 2020 TRC Golf Classic in order to help tournament organizers meet the needs of people with disabilities. Lake Shore Savings has been the presenting sponsor of the TRC Golf Classic since 2012 and was going to serve in that role ...

Board of WCA Home gives financial picture at annual meeting

The Women’s Christian Association of Fredonia held its annual meeting June 22. The fiscal year of the WCA Home included three months of operating under the constraints of COVID-19, but with no positive cases of the virus in any residents or staff. The Home has been closed to visitors since ...