Lee Bank is headquartered in Lee and is the 83rd largest bank in the state of Massachusetts. It is also the 1,776th largest bank in the nation. It was established in 1992 and as of September of 2020, it had grown to 79 employees at 5 locations. Lee Bank has a B+ health rating.
Nice people to deal with, friendly, easy to talk to. Always prompt response to any questions, their checking account pays 2.5% with no fees, how can you go wrong?
This bank is the best - you get a friendly people that you can talk to, always a person on the phone and not a "press 1, 2, 3". Their interest rate for the checking account is incredible, and they refund your ATM fees. I would never bank at any of Banks of America, Chase etc., after banking with these folks. No complaints.
Tried to open an account yesterday. Received this message today - " Thank you for your interest in opening a Kasasa Account with Lee Bank. Unfortunately at this time Lee Bank is only opening accounts for individuals living in the New England area. We apologize for any inconvenience this may have caused you".
Overall | |
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FDIC Certificate # | 33645 |
Year Established | 1992 |
Employees | 79 |
Primary Regulator | FDIC |
Profit Margin | |
---|---|
Return on Assets - YTD | 0.57% |
Return on Equity - YTD | 6.74% |
Annual Interest Income | $11.7MM |
Assets and Liabilities | ||
---|---|---|
Assets | Q3 2020vs Q3 2019 | $448.6MM$400.4MM |
Loans | Q3 2020vs Q3 2019 | $342.1MM$324.0MM |
Deposits | Q3 2020vs Q3 2019 | $381.7MM$329.7MM |
Equity Capital | Q3 2020vs Q3 2019 | $36.3MM$34.3MM |
Loan Loss Allowance | Q3 2020vs Q3 2019 | $3.8MM$3.3MM |
Unbacked Noncurrent Loans | Q3 2020vs Q3 2019 | $2.9MM$2.5MM |
Real Estate Owned | Q3 2020vs Q3 2019 | $0$0 |
Always verify rates and promotions with the bank or credit union. We are not Lee Bank; we are a rate comparison website and cannot provide official rates or promotions.
* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
1.25%* | - | $25k | Kasasa Saver | ||
OTHER TIERS: 0.50% → $25k+ | |||||
0.10% | $10 | - | Personal Savings Account | ||
0.01% | $25 | - | Health Savings Account |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
0.20%* | $100k* | - | Clear Choice Money Market | ||
OTHER TIERS: 0.10% → $10 - $25k | 0.15% → $25k - $100k |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS | |
---|---|---|---|---|---|
2.50%* | - | $10k | Kasasa Cash | ||
OTHER TIERS: 0.50% → $10k+ |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.55% | $500 | - | 48 Month CD | |
0.45% | $500 | - | 36 Month CD | |
0.40% | $500 | - | 30 Month CD | |
0.35% | $500 | - | 24 Month CD | |
0.30% | $500 | - | 18 Month CD | |
0.25% | $500 | - | 12 Month CD | |
0.20% | $500 | - | 6 Month CD | |
0.15% | $500 | - | 3 Month CD |
Lee Bank Locations | ||
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Great Barrington Branch | 279 Main Street | Great Barrington, MA 01230 |
Pittsfield Branch | 75 North Street | Pittsfield, MA 01201 |
Lee Bank | 75 Park Street | Lee, MA 01238 |
Stockbridge Branch | Elm Street | Stockbridge, MA 01262 |
Lenox Branch | 450 Pittsfield-Lenox Road | Lenox, MA 01240 |