Lyons National Bank

What Lyons National Bank does

Lyons National Bank (LNB), operated by The Lyons National Bank under the publicly traded holding company Lyons Bancorp, Inc. (OTC: LYBC), is a community bank founded in 1852 and headquartered in Lyons, NY, with an additional Wolcott, NY mailing address. The bank serves individuals, small and medium businesses, agricultural operations, and wealth management clients across seven upstate New York counties (Wayne, Onondaga, Ontario, Seneca, Monroe, Yates, and Cayuga) through 16 full-service branches and 9 standalone ATMs. As of year-end 2025, the bank held $2.069 billion in total assets, $1.885 billion in deposits, $1.553 billion in gross loans, and shareholders' equity of $165.9 million, generating record net income of $21.3 million on a fully diluted EPS of $6.06.

Core product lines include consumer checking (Free Rewards Checking, Cashback Checking, Classic Checking), savings, CDs, mortgages and home equity, LNB Classic and Rewards VISA cards, business checking, business lending with SBA/FSA/USDA partnerships, and a full cash management suite (Remote Deposit Capture, ACH, Positive Pay, Wire, Lockbox). Digital delivery is provided through the Fiserv-powered LNB Mobile and LNB Mobile for Business applications, online banking at secure-lyonsbank.com, and Zelle peer-to-peer payments, secured by VeriSign SSL encryption and multi-factor authentication. Wealth management and retirement services are delivered through the LNB Financial Services subsidiary in partnership with LPL Financial (member FINRA/SIPC), and merchant services are delivered through Payment Processing Consultants, Inc. (PPC).

The revenue model is primarily net interest income from lending and deposit gathering (NIM of 2.87% in 2025), supplemented by non-interest income from deposit/ATM/wire fees, cash management services, the $696 million sold-and-serviced residential loan portfolio, and referral/commission income from the LPL Financial wealth partnership. Distribution is omnichannel: an in-person branch-led go-to-market supported by community engagement (over 250 local organizations, advisory boards in each county), digital self-serve, and outbound business banking teams. Leadership is headed by President and CEO Thomas L. Kime (effective January 1, 2021), with Robert A. Schick serving as Chairman of the Board and President of Lyons Bancorp, Inc.

Name

Lyons National Bank

Legal name

The Lyons National Bank

Website

https://bankwithlnb.com

Company type

Public

Founded year

1852

Operating status

Operating

Headcount range

101–250 employees

Short description

Lyons National Bank is a community bank founded in 1852, serving individuals, small and medium businesses, agricultural clients, and wealth management customers across seven upstate New York counties through 16 full-service branches, with $2.069 billion in assets.

Ownership category

akta.pro rank

Headquarters

HQ city

Wolcott

HQ country

United States

HQ region

North America

Offices17 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Net Interest Income: Interest income from lending activities including personal and commercial loans, mortgages, and home equity products offset by interest paid on deposits. Primary revenue driver.
2. Non-Interest Income: Fees from deposit account services, ATM fees, wire transfer fees, cash management services, merchant services revenue share, and financial services referrals through LPL Financial partnership.
3. Securities and Investment Services: Commission and referral fees from LPL Financial partnership for securities, investment management, and insurance products offered to bank customers.
4. Loan Servicing: Revenue from residential mortgage loans sold and serviced, with portfolio growing to $696 million at year-end 2025.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels6 records

Core offering

Lyons National Bank (LNB) is a community bank providing personal and business banking products including checking and savings accounts, mortgages, home equity lines of credit, consumer and commercial loans, credit cards, cash management solutions, and merchant payment processing across 16 branches in upstate New York. The bank also offers wealth management, investment, retirement, and insurance services through a partnership with LPL Financial, supplemented by online and mobile banking platforms.

Product overview

Lyons National Bank is a community bank offering a unified suite of personal and business banking products and services. The personal banking lineup includes three checking account types (Free Rewards Checking, Cashback Checking, and Classic Checking), personal savings, credit cards (LNB Classic VISA and LNB Rewards VISA), personal lending, and a Home Equity Line of Credit. The bank operates a Personal Mortgage Center for home financing. For business customers, offerings include business checking and savings, comprehensive business lending (with SBA and USDA partnerships), and Cash Management Solutions (Remote Deposit Capture, ACH Payments/Receipts, Wire Transfers, Positive Pay, and Lockbox Services) plus Merchant Services for payment processing. Digital banking capabilities include Personal and Business Online Banking and Mobile Banking Apps. The bank also provides Financial Services through a partnership with LPL Financial, covering personal retirement, investment management, insurance, and business financial services. Additional offerings include a Credit-Builder Program, Education Center with calculators and tutorials, Video Library, Cybersecurity Awareness resources, Community Rooms, and Special Offers. The mobile banking app is powered by Fiserv, while Zelle is integrated for peer-to-peer payments.

Differentiator

Problem solved

Functional benefit

Products and services

• Free Rewards Checking Free high-interest personal checking account earning up to 1.00% APY on balances up to $15,000 with no minimum balance and no monthly maintenance fee.
• Cashback Checking Rewards checking account offering 2.00% cash back on point-of-sale debit card purchases up to $500 per qualification cycle, with a $25 minimum opening deposit.
• Classic Checking Basic personal checking account with no monthly maintenance fees and no minimum balance requirements when qualifying conditions are met, including unlimited transactions and free e-statements.
• Personal Savings Personal savings accounts and certificates of deposit for individual banking customers.
• Personal Lending Personal loans including auto loans, home improvement loans, personal lines of credit, and home equity loans for individual financing needs.
• LNB Classic VISA Traditional personal credit card offering for individual banking customers.
• LNB Rewards VISA Rewards credit card for personal banking customers that earns incentives on purchases.
• Home Equity Line of Credit (HELOC) Revolving credit line allowing homeowners to borrow against home equity, featuring a 4.99% APR introductory rate for 6 months with no closing costs and a variable rate thereafter.
• Personal Mortgage Center Mortgage services including home purchasing, refinancing, home equity, and construction loans supported by dedicated mortgage specialists.
• Credit-Builder Program Program designed to help individuals establish or rebuild credit by combining a CD-secured installment loan with financial literacy guidance.
• Business Checking Business checking accounts tailored for commercial customers with various features and benefits.
• Business Savings Savings accounts designed for business banking customers.
• Business Lending Comprehensive business lending solutions including operating lines of credit, term loans, mortgages, and real estate financing, with partnerships through SBA, Farm Service Agency, and USDA programs.
• Cash Management Solutions Suite of business cash management services including Remote Deposit Capture, ACH Payments and Receipts, Wire Transfers, Positive Pay fraud prevention, and Lockbox Services.
• Merchant Services Payment processing services for business customers including credit card terminals, mobile and online payments, virtual terminals, check readers, POS systems, and gift/loyalty cards, provided through partnership with Payment Processing Consultants, Inc.
• Personal Retirement Services Retirement strategies, investment management, education savings, life insurance, and long-term care insurance offered through LNB Financial Services in partnership with LPL Financial.
• Business Financial Services Business investment management and employer/employee benefits offered through LNB Financial Services partnership with LPL Financial.
• Mobile Banking App Fiserv-powered mobile application for iOS and Android enabling real-time account access, mobile deposits, transfers, bill payments, alerts, and card management for personal and business customers.
• Personal Online Banking Secure online banking platform for managing personal accounts, checking balances, transferring funds, paying bills, and accessing e-statements from any device.
• Business Mobile Banking Mobile banking application for business accounts featuring bill payment, ACH/wire release and approve features, business mobile deposit, and enhanced security with multi-factor authentication.

Quantifiable outcome

• Record earnings of $21.3 million in 2025, a 38% increase year-over-year
• +4 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration4 records

Feature7 records

Partnerships

Five partnerships are on record, tiered core and minor.

• Payment Processing Consultants, Inc. (PPC)coreChannel Partner/ Reseller/ Distributor · 1 January 1998Exclusive partnership for merchant payment processing services. PPC, a locally owned company since 1998, provides credit card terminals, mobile/online payments, virtual terminals, check readers, POS systems, ACH/check by phone, gift/loyalty cards, and online payment solutions for LNB business customers.
• LPL FinancialcoreStrategic or Co-development PartnerSecurities and advisory services partnership where LPL Financial provides investment products, broker/dealer services, and investment advisor capabilities. LNB Financial Services refers customers to LPL for investment management, retirement accounts, and insurance products. Securities offered through LPL (member FINRA/SIPC). This is a primary strategic partnership for the bank's wealth management offering.
• Consumer Credit Counseling Services (CCCS) of RochesterminorStrategic or Co-development PartnerPartnership providing in-depth, one-on-one financial counseling and group financial literacy seminars for customers in the Credit-Builder Program and general financial education initiatives.
• FiservcoreTechnology or IntegrationTechnology provider powering LNB's mobile banking application (LNB Mobile and LNB Mobile for Business), enabling real-time balance access, account management, mobile deposits, and card controls.
• VeriSigncoreTechnology or IntegrationDigital security provider supplying VeriSign Digital Secure Server ID for website authentication and SSL encryption to protect online banking transactions.

Scale indicators14 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Evans Bancorp, Inc. Western NY community bank holding company (NYSE: EVBN) headquartered in Hamburg, NY. Closely comparable community banking model serving a defined upstate NY region with similar product mix and asset scale.
• Financial Institutions, Inc. Warsaw, NY-based bank holding company (NASDAQ: FISI) operating Five Star Bank across Western and Central NY. Comparable as a community bank competing in adjacent upstate NY markets with similar product offerings.
• Tompkins Financial Corporation: Ithaca, NY-based community bank holding company operating across upstate NY and neighboring states. Directly comparable as a regional community bank serving overlapping Finger Lakes markets with personal, business, and wealth management services.
• NBT Bancorp Inc. Norwich, NY-based community bank holding company (NASDAQ: NBTB) operating across upstate NY and neighboring states. Comparable as a community bank with similar deposit-funded lending model serving small businesses and consumers in upstate New York.
• Community Bank System, Inc. DeWitt, NY-based bank holding company (NYSE: CBU) operating branches across upstate NY and northern PA. Comparable as a multi-county upstate NY community bank with similar consumer/commercial banking focus.
• Chemung Financial Corporation: Elmira, NY-based bank holding company (NASDAQ: CHMG) operating Chemung Canal Trust Company. Comparable as an upstate NY community bank with similar asset size range and full-service consumer/commercial banking focus.
• Arrow Financial Corporation: Glens Falls, NY-based community bank holding company (NASDAQ: AROW). Comparable as an upstate NY community bank with similar consumer/commercial banking products and trust/wealth management offerings.
• Canandaigua National Bank & Trust Company: Canandaigua, NY-based privately held community bank operating branches across the Finger Lakes region. Direct geographic competitor with overlapping branch coverage in Ontario County and similar community banking model.

Broad incumbents

• KeyCorp: Cleveland, OH-based super-regional bank holding company (NYSE: KEY) with significant upstate NY presence via KeyBank. Competes for deposits, mortgages, and small business banking across LNB's footprint but at much larger scale.
• M&T Bank Corporation: Buffalo, NY-based super-regional bank holding company (NYSE: MTB) with major presence across upstate NY including the Finger Lakes. Competes with LNB across the same geography but at vastly greater scale with broader product offerings.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@lnbbanking
• Facebookfacebook.com/BankwithLNB
• Instagraminstagram.com/lyons_national_bank
• LinkedInlinkedin.com/company/lyons-national-bank

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles19 records

Subsidiaries2 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lyons National Bank