Lake Shore Bancorp, MHC to Seek Member Approval for Dividend Waiver

Lake Shore Bancorp, Inc. (the “Company”) (NASDAQ: LSBK ), the holding company for Lake Shore Savings Bank (the “Bank”), today announced that Lake Shore, MHC (the “MHC”), the mutual holding company that owns 61.4% of the Company's outstanding common stock, will hold a special meeting of its members to vote on a proposal