[1] The lake is formed due to the damming of Bald Eagle Creek, a tributary of the West Branch Susquehanna River, as well as other smaller creeks.

[2] The dam was created in 1971 by the United States Army Corps of Engineers[3] to prevent flooding and continue water quality down stream.

The lake is named in honor of Foster Joseph Sayers, a World War II hero from the nearby town of Howard.

He was awarded the Medal of Honor for his acts of bravery at the battle near Thionville, France, in 1944.

[4] Common fish species in the lake are Sunfish, Catfish, Largemouth and Smallmouth Bass, Yellow Perch, Crappie and Tiger Muskellunge.