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Investing in People and Communities Pays Dividends for Lyons National Bank

Jan 22nd, 2020

Investing in People and Communities Pays Dividends for Lyons National Bank

by Krista Gleason, Locate Finger Lakes Business Journal

 

There was a time when virtually every small town in America had the benefit of a local bank focused on supporting its community. In the Finger Lakes, Lyons National Bank, commonly known as LNB, has endured for more than a century and a half and stayed true to that civic-minded mission. LNB’s commitment to helping local businesses and communities thrive has been key to its success as one of the longest-serving community banks in the region.

Though Lyons National Bank is 167 years old, its major growth period has occurred over the last 25 years, under the leadership of Chairman and CEO Bob Schick.

In that time, the bank’s assets have grown by a factor of 20—from $60 million to $1.2 billion. Employment has increased from 26 people to over 226, with an annual payroll of nearly $15 million.

Originating with two branches in Lyons, LNB broke READ MORE HERE

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