Overview / Commentary
276-546-2211
41371 West Morgan Avenue
Pennington Gap, VA 24277

Lee Bank and Trust Company is headquartered in Pennington Gap and is the 63rd largest bank in the state of Virginia. It is also the 3,466th largest bank in the nation. It was established in 1932 and as of June of 2018, it had grown to 48 employees at 4 locations. Lee Bank and Trust Company has a B health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #11582
Year Established1932
Employees48
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.81%
Return on Equity - YTD5.66%
Annual Interest Income$3.3MM
Assets and Liabilities
AssetsQ2 2018vs Q2 2017$148.6MM$154.6MM
LoansQ2 2018vs Q2 2017$115.2MM$108.1MM
DepositsQ2 2018vs Q2 2017$123.8MM$131.4MM
Equity CapitalQ2 2018vs Q2 2017$21.9MM$21.6MM
Loan Loss AllowanceQ2 2018vs Q2 2017$1.8MM$1.8MM
Unbacked Noncurrent LoansQ2 2018vs Q2 2017$1.3MM$1.2MM
Real Estate OwnedQ2 2018vs Q2 2017$2.0MM$2.1MM
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Lee Bank and Trust Company Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$10k*-Kasasa Saver
OTHER TIERS: 0.25% Up to $10k
0.10%--Passbook/Statement Savings
0.10%--Business Savings

Lee Bank and Trust Company Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%--Insured Money Fund Account

Lee Bank and Trust Company Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
2.50%*-$10kFree Kasasa Cash Checking
OTHER TIERS: 0.50% $10k+
0.10%--Personal NOW Account
0.10%--Business NOW Account

Lee Bank and Trust Company CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%--7- 29 Days CDs
Locations


Lee Bank and Trust Company Locations
Abingdon Branch17510 Lee HighwayAbingdon, VA 24210
Jonesville Branch32739 Main StreetJonesville, VA 24263
Lee Bank and Trust Company41371 West Morgan AvenuePennington Gap, VA 24277
Bristol Branch707 Gate City HighwayBristol, VA 24201

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