Founded in 1891, Lake Shore Savings is a full-services financial institution that provides a range of personal and commercial financial products and services. It offers savings, checking and individual retirement accounts, as well as certificates of deposit. The bank operates more than five branch locations in western New York and offers retail and commercial lending and deposit services. In addition, Lake Shore Savings offers phone banking services for its customers. Lake Shore Savings is a member of the Federal Deposit Insurance Corporation. The bank also provides a range of investment services. It is owned and operated by Lake Shore Bancorp.