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LNB Promotes Two Employees

Posted on Saturday, June 30, 2012 - 12:00pm

Clyde Geneva, New York

The Lyons National Bank (LNB) is pleased to announce the promotion of David DeRaddo and Michelle L. VerStraete. DeRaddo has completed his licensing and is now a Financial Consultant and VerStraete has been promoted to Assistant Branch Manager.

DeRaddo came to LNB in August of 2011, working out of the Geneva Office as a Financial Services Relationship Specialist. In his new position as a Financial Consultant DeRaddo will provide guidance for businesses, individuals and families based on goals and objectives. DeRaddo holds a Bachelors Degree in Business from St. John Fisher College with a concentration in Corporate Finance.

DeRaddo is an Assistant Boys Lacrosse Coach for 3rd and 4th graders at the Geneva Family YMCA. He resides in Geneva.

VerStraete joined LNB in April of 2007 as a Conversion Teller with the Newark Office and transferred to the Lyons Branch Office in July of 2007 as a Full-Time Teller. Michelle was promoted to Head Teller at the Geneva Office in November of 2007. She then joined the Seneca County Office in September of 2010 as a Customer Service Representative. In her new position as Assistant Branch Manager at LNB’s Clyde Office, VerStraete will be responsible for assisting the branch manager in the various aspects of operations and sales functions, establishing specific goals for the branch and insuring department compliance with all operating policies and procedures.

VerStraete has been a member of the Marbletown Fire Department for over 20 years and resides in Newark with her husband Gary and two boys Kyle and Brian.

LNB is a $608 million independent, community bank with eleven branch offices located throughout Wayne, Onondaga, Ontario, Seneca and Yates Counties. LNB has a long-standing tradition of excellence, dating back to 1852. As its mission, LNB safely and profitably serves all of its customers and communities with unmatched professional service. LNB offers an extensive variety of products within the personal and business banking realms, including direct deposit, online banking, Cash Manager, Remote Deposit Capture and much more. LNB also provides financial services, including investments and insurance. For a complete listing of products and services, as well as branch locations, please visit

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