Jeffrey M. Werdein
Net Worth
Last updated:
What is Jeffrey M. Werdein net worth?
The estimated net worth of Mr. Jeffrey M. Werdein is at least $3,192,981 as of 26 Oct 2020. He owns shares worth $185,367 as insider, has earned $21,614 from insider trading and has received compensation worth at least $2,986,000 in Lake Shore Bancorp, Inc..
What is the salary of Jeffrey M. Werdein?
Mr. Jeffrey M. Werdein salary is $373,250 per year as Executive Vice President of Commercial Division in Lake Shore Bancorp, Inc..
How old is Jeffrey M. Werdein?
Mr. Jeffrey M. Werdein is 58 years old, born in 1967.
What stocks does Jeffrey M. Werdein currently own?
As insider, Mr. Jeffrey M. Werdein owns shares in one company:
| Company | Title | Shares | Price per share | Total value |
|---|---|---|---|---|
| Lake Shore Bancorp, Inc. (LSBK) | Executive Vice President of Commercial Division | 14,550 | $12.74 | $185,367 |
What does Lake Shore Bancorp, Inc. 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 and statement savings accounts; money market savings and checking accounts; interest bearing and non-interest bearing checking accounts, such as 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 and lines of credit; commercial loans comprising business installment loans, lines of credit, and other commercial loans; one- to four-family residential mortgages; and consumer loans, such as 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 11, 2022, 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. is a subsidiary of Lake Shore, MHC.
Jeffrey M. Werdein insider trading
Lake Shore Bancorp, Inc.
Mr. Jeffrey M. Werdein has made 4 insider trades between 2017-2020, according to the Form 4 filled with the SEC. Most recently he sold 295 units of LSBK stock worth $3,761 on 26 Oct 2020.
The largest trade he's ever made was exercising 516 units of LSBK stock on 24 Oct 2017. As of 26 Oct 2020 he still owns at least 14,550 units of LSBK stock.
Lake Shore Bancorp key executives
Lake Shore Bancorp, Inc. executives and other stock owners filed with the SEC:
- Mr. Daniel P. Reininga (66) Pres, Chief Executive Officer & Director
- Mr. Jeffrey M. Werdein (58) Executive Vice President of Commercial Division
- Ms. Rachel A. Foley (56) Chief Financial Officer & Treasurer
- Ms. Susan C. Ballard (61) Executive Vice President of Retail, Sales & Marketing