Lee Bank and Trust Company

Overview / Commentary
41371 West Morgan Avenue
Pennington Gap, VA 24277

Lee Bank and Trust Company is headquartered in PENNINGTON GAP and is the 48th largest bank in the state of Virginia. It is also the 2,731st largest bank in the nation. It was established in 1932 and as of September of 2023, it had grown to 41 employees at 3 locations. Lee Bank and Trust Company has an A health rating.


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Health Grade Components

FDIC Certificate #11582
Year Established1932
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.87%
Return on Equity - YTD8.16%
Annual Interest Income$9.2MM
Assets and Liabilities
AssetsQ3 2023vs Q3 2022$247.2MM$235.5MM
LoansQ3 2023vs Q3 2022$128.1MM$120.9MM
DepositsQ3 2023vs Q3 2022$212.8MM$209.9MM
Equity CapitalQ3 2023vs Q3 2022$27.3MM$24.1MM
Loan Loss AllowanceQ3 2023vs Q3 2022$2.5MM$2.2MM
Unbacked Noncurrent LoansQ3 2023vs Q3 2022$1.6MM$1MM
Real Estate OwnedQ3 2023vs Q3 2022$314K$662K
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Always verify rates and promotions with the bank or credit union. We are not Lee Bank and Trust Company; we are a rate comparison website and cannot provide official rates or promotions.

Lee Bank and Trust Company Savings Account Rates

0.50%-$10kKasasa Saver
0.15%--Christmas Club Account
0.10%--Passbook/Statement Savings
0.10%--Business Savings

Lee Bank and Trust Company Money Market Rates

0.15%--Insured Money Fund Account

Lee Bank and Trust Company Checking Account Rates

2.53%-$10kFree Kasasa Cash Checking
0.10%--Personal NOW Account
0.10%--Business NOW Account

Lee Bank and Trust Company CD Rates

0.10%$500-7- 29 Days CD

Lee Bank and Trust Company Locations
Abingdon Branch17510 Lee HighwayAbingdon, VA 24210
Jonesville Branch32739 Main StreetJonesville, VA 24263
Lee Bank and Trust Company41371 W Morgan AvePennington Gap, VA 24277
Bristol Branch743 Gate City HwyBristol, VA 24201

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