Money washes up along this shore. Lake Shore Bancorp is the holding company for Lake Shore Savings Bank, which serves consumers and businesses through about 10 branches in Chautauqua and Erie counties in western New York, near Lake Erie. Founded in 1891, the community oriented savings bank focuses on residential real estate lending, with one- to four-family mortgages accounting for a majority of its loan portfolio. Lake Shore Savings Bank also offers home equity loans and commercial and consumer loans, as well as checking and savings accounts, CDs, and IRAs. Mutual holding company Lake Shore, MHC owns about 60% of Lake Shore Bancorp.