Lake Shore Bancorp Inc. the parent company of Lake Shore Savings Bank, recently announced that Jeffrey M. Werdein has joined the bank as executive vice president, Commercial Division.
"We are extremely pleased to have Jeff Werdein join the staff at Lake Shore Savings Bank," said Daniel P. Reininga, Lake Shore Savings Bank president and CEO. "Jeff will have offices in Erie and Chautauqua counties and will be serving the entire Western New York Region in his capacity as an executive vice president of the Commercial Division. His experience will be invaluable as we continue to grow the Bank's commercial loan portfolio in Western New York."
Most recently, Werdein served as senior vice president responsible for business development in the commercial real estate and small/middle business segments at Evans Bank. Werdein has over 25 years of commercial banking experience, including prior positions locally with Citibank and Chase Manhattan Bank.
Werdein resides in Orchard Park with his wife Kelly and two children.
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 and six locations 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." Additional information about the company is available at www.lakeshoresavings.com.