LNB Bancorp Inc.
457 Broadway
Lorain,
OH 44052-1769
United States - Map
Phone: 440-244-6000
Fax: 440-244-9507
Web Site: http://www.4lnb.com
| LNB Bancorp, Inc. operates as the holding company for The Lorain National Bank, which provides banking, mortgage, and brokerage services for individuals and businesses. The company offers personal, mortgage, and commercial banking products, as well as investment management and trust services. It accepts transaction and time deposit accounts, savings deposits, interest bearing demand deposits, noninterest bearing deposits, certificates of deposit, and money market accounts. The company offers commercial loans, which include commercial real estate loans, construction and equipment loans, letters of credit, revolving lines of credit, small business administration and government guaranteed loans, and commercial loans with preferred interest rates; residential mortgage loans for the purchase of personal residences; and installment loans, including automobile and personal loans, indirect automobile loans, second mortgages, and home equity lines of credit. It also offers safe deposit boxes, night depository, the U.S. savings bonds, travelersÂ’ checks, money orders, cashiersÂ’ checks, automated teller machine (ATM), debit cards, wire transfer, electronic funds transfer, foreign drafts, foreign currency, electronic banking by phone or through the Internet, and lockbox services. As of December 31, 2008, the company operated 20 retail-banking locations and 28 ATMs in the communities of Lorain, Elyria, Amherst, Avon, Avon Lake, LaGrange, North Ridgeville, Oberlin, Olmsted Township, Vermilion, Westlake, and Hudson. The company was founded in 1905 and is headquartered in Lorain, Ohio. |
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| Key Statistics |
| |
| | Pay | Exercised | Mr. Daniel E. Klimas , 50
Chief Exec. Officer, Pres, Director, Member of Exec. Committee, Chief Exec. Officer of Lorain National Bank and Pres of Lorain National Bank |
N/A
| N/A | Dr. Frank Soltis , 56
Sr. VP of Information Technology & Operations |
N/A
| N/A | Mr. Paul A. Campagna , 48
Sr. VP and Sr. Lending Officer of The Lorain National Bank |
N/A
| N/A | Mr. David S. Harnett , 58
Chief Credit Officer and Sr. VP |
$
200.00K | N/A | Mr. Gary N. Elek , 57
Chief Financial Officer and Principal Accounting Officer |
N/A
| N/A |
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Dollar amounts are as of
31-Dec-08
and compensation values are for the last fiscal
year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of
options exercised during the fiscal year.
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