November 10, 2011
The Board of Directors of Lyons Bancorp, Inc., the parent holding company of The Lyons National Bank (LNB) appointed Joseph Fragnoli, Owner of Super Casuals retail clothing store in downtown Geneva, to the Boards of both the Holding Company and the Bank. Mr. Fragnoli will hold these positions until the Company's annual shareholders' meeting in May 2012, when he will stand for election by the shareholders. Until his appointment, Fragnoli was a member of LNB's Geneva Advisory Board, a position he held since the Bank's Exchange Street office opened in 2005. Along with his general Board responsibilities, Fragnoli will also serve as a member of the Board's Audit and Loan Committees.
Fragnoli is a graduate of Bowling Green University with a Bachelor of Arts Degree in Marketing and Retail Business. He resides in Seneca Falls with his wife Debra and their daughter, Kate. Fragnoli is an active member of the community, and is instrumental to current economic development initiatives within the region. Joe presently serves on several community boards including, the Geneva BID the Salvation Army. He is a past board member of the Geneva Chamber of Commerce and the Geneva YMCA. In addition, Super Casuals was proudly awarded the Geneva Area Chamber of Commerce Business of the Year in 2010.
Robert A. Schick, President and Chief Executive officer stated, "We are very pleased to have Joe join our Boards. We are continuously seeking individuals with business acumen like his to join our team and provide us with the type of counsel that will keep LNB in the top echelon of community banks for many years to come. Joe's appointment reinforces LNB's commitment to being a Main Street bank, managed and directed by local hometown decision makers." LNB is a $539 million independent, community bank with eleven branch offices located throughout Wayne, Onondaga, Ontario, Seneca and Yates Counties. LNB has a long-standing tradition of excellence, dating back to 1852. As its mission, LNB safely and profitably serves all of its customers and communities with unmatched professional service. LNB offers an extensive variety of products within the personal and business banking realms, including direct deposit, online banking, Cash Manager, Remote Deposit Capture and much more. LNB also provides financial services, including investments and insurance. For a complete listing of products and services, as well as branch locations, please visit BankwithLNB.com.