LAKE SHORE BANCORP, INC. Lake Shore Bancorp, Inc., Lake Shore Savings Bank and Lake Shore, MHC appointed Rachel Foley as Chief Operating Officer (COO) of the Company, the Bank, and the MHC. Ms. Foley will be responsible for deposit and retail loan operations. Mr. Gilden and Ms. Foley will work closely together to strengthen and enhance the organizations finance, operations, and service capabilities.
Appointment is effective August 1, 2023. Since joining the Bank in 1999, Ms. Foley has held a variety of positions including Controller and most recently served as the MHC, Company, and Banks Chief Financial Officer and Treasurer. She earned her MBA from the State University of New York at Buffalo and a Bachelor of Science in Economics from Allegheny College.
