Lake Shore Bancorp appoints Taylor Gilden as CFO, Rachel Foley as COO

Lake Shore Bancorp appointed Taylor Gilden as CFO and Treasurer and Rachel Foley as COO of the Company, the Bank, and the MHC. In these roles, Mr. Gilden will be responsible for the organization’s financial and risk management and reporting while Ms. Foley will be responsible for deposit and retail loan operations. Mr. Gilden and Ms. Foley will work closely together to strengthen and enhance the organization’s finance, operations, and service capabilities. Both appointments were effective August 1, 2023. Gilden joined the Bank in June 2023 as Chief Strategy Officer. Since joining the Bank in 1999, Ms. Foley has held a variety of positions including Controller and most recently served as the MHC, Company, and Bank’s CFO and Treasurer.