News & Articles
At LNB, we value our customers and want to keep you up-to-date on everything that is happening at our various hometown offices! Check out our articles and news to learn all about what's new with us.
Tools & Tech
ICBA & LNB Offer Tips for Using Bank-Issued Gift Cards
Published December 2, 2010 335 Views
Washington D.C.- Gift cards remain one of the most popular items for the holiday season, and Americans are expected to spend billions on gift cards again this year. The Independent Community Bankers of America (ICBA) and Lyons National Bank, Lyons, NY today issued tips to help consumers buy and us...
Low Interest Rates at LNB Make Home Ownership Possible
Published December 1, 2010 329 Views
With mortgage interest rates at their lowest levels since World War II, a plentiful housing stock and prices still low, buying a home may now be easier for many Americans than it has been in years. "Buying a home is the single largest investment that most people will make in their lifet...
LNB Hires New Commercial Loan Officer
Published November 17, 2010 356 Views
LNB is excited to announce the addition of John J. Patrillo to the LNB Commercial Lending Team. Patrillo will work out of the Geneva Branch and will then move to the Seneca County market upon completion of the new office this fall....
LYBC, Inc. Declares Special Dividend Along with Quarterly Dividend
Published November 2, 2010 246 Views
On October 26, 2010, the Board of Directors of Lyons Bancorp, Inc., the parent of The Lyons National Bank, declared a special cash dividend of $.05 per share on the Company's common stock. Shareholders of record at the close of business on November 30, 2010 will be paid the dividend on December 29,...
LYBC, Inc. Appoints Brad Person to its Board of Directors
Published November 2, 2010 337 Views
Lyons Bancorp, Inc. is pleased to announce Brad Person has been appointed to the Board of Directors and to the boards of its subsidiaries, Lyons National Bank, Lyons Realty Associates Corp., and LNB Life Agency, Inc.Person, who graduated from SUNY Fredonia with a bachelor's degree in accounting and...
Lyons Bancorp, Inc. Grows to $500 Million in Assets and Reports a 14% Increase In Earnings
Published October 26, 2010 281 Views
Lyons Bancorp, Inc., the holding company for The Lyons National Bank, reported that the Company reached a milestone in the third quarter - $500 million in total assets. It also reported that earnings for the first nine months of 2010 exceeded those reported during the same time period in 2009 by 14...
LNB Breaks Ground at New Seneca County Office
Published October 15, 2010 303 Views
The Lyons National Bank (LNB) officially broke ground at the site of their permanent full-service branch at 2433 State Route 414 in Seneca Falls, on Tuesday, September, 14, 2010.NYS Senator Michael F. Nozzolio, NYS Assembly Minority Leader Brian Kolb, and Pat Kilmartin, Partner of Brookline Developm...
LNB Wolcott Office To Celebrate 20th Anniversary
Published September 15, 2010 269 Views
The Lyons National Bank Wolcott Office will be celebrating their 20- Year Anniversary on Saturday, September 25th, 2010. Branch Manager, Sherri Sheldon and staff will be hosting the anniversary celebration with a carnival themed party from 1-4 pm at the branch office located at 5996 New Hartford St...
LNB To Break Ground At New Seneca County Permanent Site
Published September 8, 2010 332 Views
The Lyons National Bank will officially break ground at the site of their permanent full-service branch, located at 2433 State Route 414, Waterloo on Tuesday, September 14th, 2010. The ceremony, which will begin at 11 a.m., will feature keynote speakers the Honorable State Senator Mike Nozzolio, Pat...
Lyons Bancorp Recognized Among Top 200 Banks
Published August 16, 2010 235 Views
Lyons Bancorp, Inc., the holding company for The Lyons National Bank (LNB), ranked 54th among 200 community banks in the country; cited in the June 2010 edition of the US Banker Magazine.This number is based on an average of the last three years' Return on Average Equity (ROAE). ROAE is an industry...
Lyons Bancorp, Inc. Noted as Top 200 Community Banks in the Country
Published August 16, 2010 241 Views
Lyons Bancorp, Inc., the holding company for The Lyons National Bank (LNB), ranked 54th among 200 community banks in the country; cited in the June 2010 edition of the US Banker Magazine.This number is based on an average of the last three years' Return on Average Equity (ROAE). ROAE is an industry...
LNB Announces Seneca County Advisory Board
Published June 25, 2010 327 Views
The Lyons National Bank (LNB) is pleased to announce the appointment of the following individuals to its Seneca County Advisory Board: Daniele Bonafiglia-Wirth, Vice President and Director of Finance for BonaDent Dental Laboratories; Salvatore N. Franzone, Chief Operating Officer and General Manager...
LNB Opens Interim Branch In Seneca County
Published June 10, 2010 274 Views
LNB opened its interim Seneca County office on June 14, 2010. The branch is located at 2041 Routes 5 & 20 in Seneca Falls. Vice President and District Manager, Jeff Friend will oversee this market and Jill Hansen, Branch Manager, will be responsible for customer relationship management and daily ope...
Lyons Bancorp, Inc. Reports 31% Increase In Earnings
Published April 13, 2010 243 Views
Lyons Bancorp, Inc., the holding company for The Lyons National Bank, reported that net after-tax income was $1.003 million for the first three months of 2010, an increase of 31% over the $765 thousand earned during the same period last year. On a per share basis earnings were $1.17 fully diluted ve...
Lyons Bancorp Inc. Raises $3 Million in New Capital
Published March 5, 2010 255 Views
Lyons Bancorp, Inc., the parent of The Lyons National Bank, recently closed on a $3 million capital offering.President and Chief Executive Officer, Robert A. Schick, stated "The Company successfully completed a convertible trust preferred stock offering to accredited investors. This new capital, tog...
Lyons Bancorp, Inc. Declares Dividend
Published March 3, 2010 240 Views
The Board of Directors of Lyons Bancorp, Inc., the parent of The Lyons National Bank, declared a quarterly cash dividend of $.30 per share on the Company's common stock.Shareholders of record at the close of business on March 31, 2010 will be paid the dividend on April 15, 2010. Based on the current...