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.
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Lyons Bancorp, Inc. Declares Second Quarter Dividend
Published May 24, 2017 117 Views
The Board of Directors of Lyons Bancorp, Inc., the parent company of The Lyons National Bank, declared second quarter cash dividends for both its convertible preferred and common stock issues. The convertible preferred dividend of $12.50 per thousand dollar certificate will be paid on June 15, 2017...
Auburn Bankers Join New LNB Office
Published May 12, 2017 138 Views
Two Auburn natives have joined The Lyons National Bank (LNB) in the Bank's first Cayuga County office location at 63 Genesee Street (the former HSBC building). Demetrius Murphy has been appointed vice president and branch manager for Auburn and is currently working from the downtown location. A gra...
LNB Brings Hometown Banking to Auburn
Published April 19, 2017 135 Views
The Lyons National Bank (LNB) announces the opening of its first of two Cayuga County branch offices in 2017. LNB's downtown office, located at 63 Genesee Street (the former HSBC building), will open on April 24. LNB's downtown office is already staffed with experienced banking professionals, inclu...
Lyons Bancorp, Inc. Reports Increase in Earnings and Balance Sheet Growth
Published April 19, 2017 123 Views
Lyons Bancorp, Inc., the holding company for The Lyons National Bank, reported that net after-tax income for the first quarter of 2017 was $1.9 million, an increase of 6.2% over the first quarter of 2016. On a per share basis, earnings were $0.59 fully diluted versus $0.56 last year. On average, the...
LNB’s Penn Yan Office Welcomes New Staff
Published March 28, 2017 175 Views
The Lyons National Bank (LNB) is pleased to announce Jessica L. Mullins has joined the Penn Yan office in the role of branch manager, and Kari DeWick has been hired as mortgage originator. A resident of Penn Yan, Mullins most recently served as the director of program administration and student serv...
LNB Announces New Executive Management Team Members
Published February 15, 2017 155 Views
LNB Announces New Executive Management Team MembersThe Lyons National Bank (LNB) appointed three new members to its Executive Management staff on January 1, 2017. Kelly J. Mittiga joined LNB in January as Executive Vice President, Director of Performance Improvement. In this newly created role, Mitt...
Lyons Bancorp, Inc. Reports Increased Earnings In 2016
Published February 3, 2017 124 Views
Lyons Bancorp, Inc., the holding company for The Lyons National Bank, reported that net after-tax income was $7.6 million for 2016, an increase of 2.7% over the $7.4 million earned in 2015. On a per share basis, earnings were $2.38 fully diluted versus $2.34 last year. The Company had approximately...
Lyons Bancorp, Inc. Completes Capital Raise
Published January 10, 2017 134 Views
Lyons Bancorp, Inc., the parent company of The Lyons National Bank, announced the successful completion of a $5 million private placement offering of 5.00% non-cumulative, convertible preferred stock to accredited investors. "The capital raised will support our organic growth as we continue to incr...
Lyons National Bank Announces Transition of President to Ready Bank for Next Phase of Growth
Published November 17, 2016 137 Views
Expecting to reach the milestone of $1 billion in assets in 2017 and to ready itself for its next phase of growth, the Board of Directors of Lyons Bancorp, Inc., the parent company of The Lyons National Bank announced that its current President and Chief Executive Officer, Robert A. Schick will be n...
Lyons Bancorp, Inc. Reports Third Quarter 2016 Earnings
Published November 8, 2016 137 Views
Lyons Bancorp, Inc., the parent company of The Lyons National Bank, reported net income available to shareholders of $6.1 million or $1.91 per diluted share for the nine months ended September 30, 2016, an increase of 9% from the same time last year. Earnings for the quarter ended September 30, 2016...
LNB Attends Empire Farm Days
Published August 15, 2016 163 Views
The Lyons National Bank (LNB) was excited to once again serve as an exhibitor at Empire Farm Days. The annual event is the largest outdoor agricultural trade show in the northeastern U.S., featuring more than 600 exhibits showcasing the latest in all things farming. LNB specializes in agricultural l...
Hasseler Joins LNB’s Newark Office
Published August 5, 2016 125 Views
The Lyons National Bank (LNB) is pleased to announce Steven Hasseler has joined the Newark branch in the role of Assistant Vice President and Branch Manager. In this role, Hasseler will focus on client growth and business development in Newark and the surrounding communities. A Newark native, Hassel...
LNB Channels Creativity at Peppermint Days
Published July 22, 2016 136 Views
LNB Channels Creativity at Peppermint Days The Lyons National Bank recently helped celebrate the rich history of Lyons, NY by serving as a sponsor and participant in the town's annual Peppermint Days Festival. The bank's Lyons branch staff got involved in some friendly competition during Saturday's...
Lyons Bancorp, Inc. Reports Second Quarter 2016 Earnings
Published July 14, 2016 113 Views
Lyons Bancorp, Inc., the parent company of The Lyons National Bank, reported net income available to shareholders of $3.9 million or $1.24 per diluted share for the six months ended June 30, 2016, an increase of 9% from the same time last year. Earnings for the quarter ended June 30, 2016 were $2.2...
LNB Named one of the Healthiest Companies in America
Published July 11, 2016 141 Views
The Lyons National Bank is pleased to announce that it has been named one of the Healthiest Companies in America for 2015 by Interactive Health. LNB is one of 154 companies nationwide who earned the honor. Interactive Health is a provider of health management solutions with a mission to create heal...
LNB Fosters Spirit of Service
Published June 20, 2016 149 Views
At LNB, we strive to go beyond the title of "Community Bank," and make an active effort to serve as a community-minded bank. Supporting the community is second nature to us, and it's part of what makes our culture so unique. In 2015, LNB went above and beyond to make a difference in the 13 communit...
Lyons National Bank Attends 40th Annual Canal Days
Published June 6, 2016 128 Views
The Lyons National Bank was pleased to serve as a Liftbridge Sponsor for the 2016 Canal Days Festival in Fairport, NY. In its 40th year, Canal Days is known as one of the premier juried art festivals in the Northeast. This year's festival drew in over 200,000 attendees, who enjoyed a wide variety o...
LNB Sponsors 20th Annual Elenbe Awards
Published May 31, 2016 142 Views
The Lyons National Bank recently helped in celebrating the young actors and actresses of Wayne County at the Elenbe Awards. For the past 20 years, the Bank has sponsored the awards run by the Wayne County Council for the Arts, which recognize the outstanding performances of Wayne county students in...
Kime Honored at Geneva Rotary Club’s Annual Service Above Self Dinner
Published May 20, 2016 129 Views
LNB is pleased to announce that its executive vice president and chief operating officer, Tom Kime, was recently named one of Geneva Rotary's Paul Harris Fellows. Kime was one of four local residents recognized at the Annual Service Above Self Dinner on Friday, May 6, 2016, for extraordinary public...
Schick Named Happiness House Humanitarian of the Year
Published May 1, 2016 140 Views
The Lyons National Bank (LNB) is proud to be a Corporate Sponsor of the 13th Annual Happiness House Gala Dinner & Auction Event to be held on Friday, February 5, 2016, at Belhurst Castle in Geneva. During the event, LNB CEO, Robert Schick, will be honored as the recipient of Happiness House's Humani...
Lyons Bancorp, Inc. Reports First Quarter 2016 Earnings
Published April 7, 2016 124 Views
Lyons Bancorp, Inc., the parent company of The Lyons National Bank, reported net income available to shareholders of $1.8 million or $0.56 per diluted share for the quarter ended March 31, 2016, an increase of 4% from the same time last year. Total assets for Lyons Bancorp, Inc. were $938 million a...
Lyons Bancorp, Inc. Raises Quarterly Dividend
Published March 31, 2016 113 Views
The Board of Directors of Lyons Bancorp, Inc., the parent of The Lyons National Bank, declared an increase in the Company's common stock quarterly cash dividend of $.05 per share. The quarterly cash dividend is now $0.25 per share. Shareholders of record at the close of business on March 31, 2016, w...
LNB Raises $1400 for American Heart Association
Published March 8, 2016 125 Views
The Lyons National Bank recently raised $1400 in support of the American Heart Association's National Wear Red Day to raise awareness for heart disease among women.Under the coordination of Assistant Vice President and Deposit Operations Supervisor, Cheryl Graham, 126 employees participated by weari...
Odell Promoted to Vice President at LNB
Published March 8, 2016 146 Views
The Lyons National Bank (LNB) is pleased to announce the promotion of Deborah A. Odell to Vice President, Director of Training and Development for the Bank. Since joining LNB in 2013, Odell has been instrumental in developing initiatives that promote employee development, customer service excellen...
Allison Joins Lending Department at LNB
Published February 22, 2016 149 Views
The Lyons National Bank (LNB) is pleased to announce the addition of James Allison as Mortgage Originator in the Perinton Park office. In this role, Allison will work directly with buyers, realtors and builders to provide mortgage solutions in the Monroe county area.With over 20 years of experience...
Use LNB Checking & Savings Accounts for your Business
Published December 14, 2015 129 Views
Are you using your personal bank accounts for your small business?Whether you've started a multi-million dollar company or you are working from home to get your dream off the ground, there are many reasons for you to keep your business finances separate from your personal finances. Small business ow...
The Importance of Managing Your Business Assets
Published December 14, 2015 140 Views
If you own a small business, you know that there are a lot of responsibilities that come with the title. The owner is involved in everything from business planning, human resources procedures, customer service representation, marketing efforts, and so on. The most important aspect of owning a small...
The Steps to Getting Your First Mortgage
Published December 14, 2015 160 Views
So you're about to buy your first home. Congratulations! This is an exciting new chapter in your life. But if you have never owned a house before, mortgages and all that comes with it can seem very daunting. Here are the first steps you will need to take in the homebuying process.Decide on How Much...
Lake Property Financing: How to Find the Right Lender
Published December 14, 2015 153 Views
Whether buying the lakefront home of your dreams or renovating the seasonal cottage that holds your family's memories, selecting a trusted lender is crucial to ensuring the lending process goes smoothly. Here are some important factors to consider when shopping for your lending partner:Look for an I...
Financial Tips to Teach Your Kids
Published December 14, 2015 161 Views
No matter what your financial situation, we think it is important to teach children about money and financial responsibility at an early age in order to give them the knowledge they will need to have a secure future for themselves. Where Does Money Come From: A major lesson that is important for eve...