For Daniel Reininga, Chief Executive Officer and President at Lake Shore Savings Bank, the partnership with COCC will support the bank’s mission of putting people first. “This means helping customers, energizing employees, respecting shareholders, and serving our community. These are the same values we saw within COCC.”
“We are excited to provide Lake Shore with our advanced, innovative technology to serve their customers” said Richard A. Leone, Chief Executive Officer at COCC. “Like COCC, Lake Shore Savings Bank values their customers and strives to give them the best service possible. Those shared values provide a great foundation for our partnership.”
“With COCC as a strong foothold,” Mr. Reininga concluded, “we’ll be better able to compete with the larger banks in our area.”
About Lake Shore Savings Bank
Lake Shore Bancorp, Inc. (NASDAQ Global Market: LSBK) is the mid-tier holding company of Lake Shore Savings Bank, a federally chartered, community-oriented financial institution headquartered in Dunkirk, N.Y. The Bank has 11 full-service branch locations in Western New York, including five in Chautauqua County and six in Erie County. 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.” To learn more, visit www.lakeshoresavings.com.
COCC is an award-winning client-owned financial technology company servicing financial institutions throughout the Northeastern United States. Launched in 1967, COCC was founded by its clients. This unique cooperative structure has set COCC apart from the competition and is one of the driving forces behind their success. COCC is recognized as a leader in delivering innovation and the quality service financial institutions demand and deserve.