Community Reinvestment Fund F.A.Q.
(Frequently Asked Questions)

Who is eligible?

Organizations whose activities or programs directly benefit Chautauqua County. If the organization is not physically located in Lake Shore Saving's service area, the contributions received from the Community Reinvestment Fund must be earmarked for local programs and activities.

For more information on eligibility, please review the Community Reinvestment Fund Guidelines.

How are funding decisions made?

A committee of community members, separate from Lake Shore Savings, reviews all applications. The committee then makes recommendations to the bank's Board of Directors on a semi-annual basis.

When are applications due?

Since requests for funds are reviewed semi-annually, applications are due on either June 1st or December 1st.

When will grants be made?

Applicants will be notified by the first of the following month (July and January respectively) and payments will be made on the 15th of that month.

Click here if you are ready to apply!