Lee Bank and Trust Company


Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
2.50%Reward CheckingFree Kasasa Cash Checking
0.50%Reward SavingsKasasa Saver
0.10%SavingsPassbook/Statement Savings

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 3,475th largest bank in the nation. It was established in 1932 and as of March of 2018, it had grown to 49 employees at 4 locations. Lee Bank and Trust Company has a B+ health rating.

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Health
B+

Health Grade Components

Overall
FDIC Certificate #11582
Year Established1932
Employees49
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.8%
Return on Equity - YTD5.64%
Annual Interest Income$1.6MM
Assets and Liabilities
AssetsQ1 2018vs Q1 2017$150.0MM$154.6MM
LoansQ1 2018vs Q1 2017$112.7MM$107.0MM
DepositsQ1 2018vs Q1 2017$126.3MM$131.3MM
Equity CapitalQ1 2018vs Q1 2017$21.6MM$21.4MM
Loan Loss AllowanceQ1 2018vs Q1 2017$1.8MM$2.3MM
Unbacked Noncurrent LoansQ1 2018vs Q1 2017$1.2MM$2.6MM
Real Estate OwnedQ1 2018vs Q1 2017$2.0MM$2.4MM
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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