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Cathy Young Appointed To Lake Shore Board

Lake Shore Bancorp announced recently that Cathy Young has been appointed to the company’s board of directors.

Young is currently the executive director of the New York State Center of Excellence for Food and Agriculture at Cornell University’s AgriTech Center, a position she has held since March 2019. Prior to this, she served for 20 years in the New York State Legislature as a Senator and Assemblywoman.

As a senator for 14 years, Young represented Western New York’s 57th District, which included Chautauqua, Cattaraugus, Allegany and part of Livingston counties. She was a trailblazer, becoming the first woman to chair the Senate’s Standing Committee on Finance – the second-highest rank in the Senate. She also chaired the Committee on Housing, Construction and Community Development, making her uniquely valuable to Lake Shore Bancorp and its consumer and commercial business teams.

“Cathy Young’s addition to our board is a significant win in the leadership and corporate governance landscape,” said Lake Shore Bancorp Board Chair Kevin Sanvidge. “She served Western New York admirably and effectively as a state lawmaker for two decades. She chaired the Senate’s Finance Committee, which formulated, negotiated and passed a state budget of more than $170 billion. The knowledge, experience and relationships she possesses are remarkable, providing us with an authentic and respected resource who not only understands our company and industry, but also understands and embraces our community and the needs of our customers.”

At Cornell’s Center of Excellence for Food & Agriculture, based in Geneva, N.Y., Young leads a team whose mission is to grow New York’s food, beverage and agriculture economy — valued at over $36 billion a year — by serving as a hub for businesses to connect with expertise and resources, allowing them to innovate, grow and thrive. She is also a member of several business and community organizations.

“I’m honored to be joining Lake Shore Bancorp’s board of directors,” Young said. “I’ve worked with the company’s leadership and served thousands of their customers for decades as their representative in Albany. Now, I look forward to bringing my experiences from Albany and Cornell to our team of directors as we work to help the company gain market share, new shareholders and other measurable improvements.”

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