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Lake Shore Savings Bank


Overview / Commentary
www.lakeshoresavings.com
716-366-4070
128 East 4th St
Dunkirk, NY 14048

Lake Shore Savings Bank is headquartered in Dunkirk and is the 71st largest bank in the state of New York. It is also the 1,272nd largest bank in the nation. It was established in 1891 and as of December of 2020, it had grown to 115 employees at 12 locations. Lake Shore Savings Bank has an A+ health rating.

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Health
A+

Data as of Q4 2020

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #30530
Year Established1891
Employees115
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.73%
Return on Equity - YTD5.9%
Annual Interest Income$24.4MM
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$686.4MM$610.9MM
LoansQ4 2020vs Q4 2019$524.2MM$470.8MM
DepositsQ4 2020vs Q4 2019$565.0MM$488.5MM
Equity CapitalQ4 2020vs Q4 2019$82.8MM$79.5MM
Loan Loss AllowanceQ4 2020vs Q4 2019$5.9MM$4.3MM
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$3.2MM$3.6MM
Real Estate OwnedQ4 2020vs Q4 2019$58.00K$779.00K
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Lake Shore Savings Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.75%*$25k*-Health Savings Account
OTHER TIERS: 0.10% → Up to $2.5k | 0.35% → $2.5k - $5k | 0.50% → $5k - $25k

Lake Shore Savings Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.20%--LS Advantage Premium MM w/ Checking – New Money
0.15%*$50k*-LS Advantage Regular MM – New Money
OTHER TIERS: 0.03% → $1 - $25k | 0.05% → $25k - $50k

Lake Shore Savings Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%$500-5 Year CD
0.45%$500-4 Year CD
0.40%$500-36 Month New Money CD Special
0.35%$500-3 Year CD
0.30%$500-2 Year CD
0.25%$500-22 Month New Money CD Special
0.20%$500-18 Month CD
0.15%$500-6 Month CD
0.15%$500-1 Year CD
0.10%$500-3 Month CD

Lake Shore Savings Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%$500-5 Year IRA
0.45%$500-4 Year IRA
0.40%$500-36 Month New Money IRA Special
0.35%$500-3 Year IRA
0.30%$500-2 Year IRA
0.25%$500-22 Month New Money IRA Special
0.20%$500-18 Month IRA
0.15%$500-6 Month IRA
0.15%$500-1 Year IRA
0.10%$500-3 Month IRA
Locations

Availability



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