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Last updated: 1 March 2021 at 1:54pm EST

David Mancuso Net Worth



Mr. Mancuso LSBK stock SEC Form 4 insiders trading

David has made over 1 trades of the Lake Shore stock since 2014, according to the Form 4 filled with the SEC. Most recently he exercised 50,585 units of LSBK stock worth $581,728 on 10 November 2014.

The largest trade he's ever made was exercising 50,585 units of Lake Shore stock on 10 November 2014 worth over $581,728. On average, David trades about 2,662 units every 0 days since 2006. As of 10 November 2014 he still owns at least 55,046 units of Lake Shore stock.

You can see the complete history of Mr. Mancuso stock trades at the bottom of the page.





David Mancuso biography

David C. Mancuso serves as Independent Director of the Company. Mr. Mancuso was the former President and Chief Executive Officer of Lake Shore, MHC, Lake Shore Bancorp and Lake Shore Savings until his retirement in January 2011. He was employed in various positions at Lake Shore Savings since 1965. He became President and Chief Executive Officer of Lake Shore Savings in 1993. Mr. Mancuso was a member of the New York State Banking Board from 2001 until 2006. Mr. Mancuso has an Associate degree in Business Administration and Accounting from Bryant and Stratton. Mr. Mancuso has 45 years of banking experience and has been involved in multiple bank functions, including branch manager, operations, compliance, loan officer, and has served in many management functions. He served as President & Chief Executive Officer of the Company for 18 years and oversaw its growth from two to ten branches, and the conversion of the Company from a mutual organization to a Mutual Holding Company with publicly traded stock. He was a major contributor to the Company’s extensive growth during his tenure as President and Chief Executive Officer. He has served as an officer or a member of numerous community organizations.

What is the salary of David Mancuso?

As the Independent Director of Lake Shore, the total compensation of David Mancuso at Lake Shore is $136,894. There are 8 executives at Lake Shore getting paid more, with Daniel P. Reininga having the highest compensation of $547,451.



How old is David Mancuso?

David Mancuso is 74, he's been the Independent Director of Lake Shore since 2014. There are no older and 17 younger executives at Lake Shore.

What's David Mancuso's mailing address?

David's mailing address filed with the SEC is C/O 31 EAST FOURTH STREET, , DUNKIRK, NY, 14048.

Insiders trading at Lake Shore

Over the last 8 years, insiders at Lake Shore have traded over $47,509 worth of Lake Shore stock and bought 71,437 units worth $857,709 . The most active insiders traders include David C Mancuso, Daniel P Reininga e Kim C Liddell. On average, Lake Shore executives and independent directors trade stock every 84 days with the average trade being worth of $35,540. The most recent stock trade was executed by Ann M Segarra on 27 August 2024, trading 1,700 units of LSBK stock currently worth $21,692.



What does Lake Shore do?

Lake Shore Bancorp, Inc. operates as the savings and loan holding company for Lake Shore Savings Bank that provides banking products and services. It accepts various deposit products, such as regular savings deposits, including Christmas Club, passbook, and statement savings accounts; money market savings and checking accounts; interest bearing and non-interest bearing checking accounts comprising demand deposits; health savings accounts; retirement accounts; time deposits; interest on lawyer accounts; and accounts for individuals, as well as commercial savings, checking, and money market accounts for small to medium sized businesses. The company's loan portfolio consists of commercial real estate, commercial construction, and home equity loans; lines of credit; commercial loans, such as business installment loan, line of credit, and other commercial loan; one-to four-family residential mortgages; and consumer loans that include personal consumer loans, overdraft lines of credit, vehicle loans, secured and unsecured property improvement loans, and other secured loans, as well as loans secured by certificates of deposit. As of February 5, 2021, it had eleven full-service branch locations in Western New York, including five locations in Chautauqua County and six locations in Erie County, New York. The company was founded in 1891 and is headquartered in Dunkirk, New York. Lake Shore Bancorp, Inc. operates as a subsidiary of Lake Shore, MHC.



What does Lake Shore's logo look like?

Lake Shore Bancorp, Inc. logo

Lake Shore executives and stock owners

Lake Shore executives and other stock owners filed with the SEC include: