In 1886 Fred Bentley became Vice President of the Chautauqua National Bank of Jamestown. He served as Supervisor of the town of Busti 1883-85, and again in 1901. On the incorporation of the village of Lakewood in 1893 he was elected the first president and continued in that office continuously except one year 1900-1901, until his death August 25, 1904.