Lake Shore Bancorp Inc., the parent company of Lake Shore Savings Bank, has announced that Jeffrey M. Werdein has joined Lake Shore Savings Bank as Executive Vice President, Commercial Division.
In making this announcement, Lake Shore Savings President and CEO Daniel P. Reininga commented, "We are extremely pleased to have Jeff Werdein join the staff at Lake Shore Savings Bank. 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. The bank has 11 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. Additional information about the company is available at www.lakeshoresavings.com.