Lee Bank

Overview / Commentary
75 Park Street
Lee, MA 01238

Lee Bank is headquartered in LEE and is the 76th largest bank in the state of Massachusetts. It is also the 1,706th largest bank in the nation. It was established in 1992 and as of March of 2023, it had grown to 80 employees at 5 locations. Lee Bank's CD rates are 94% higher than the national average, and it has a B health rating.

Reviews (3)

Why Would You Bank Anywhere Else? Great Bank!

Posted by: |

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?

Bank Here!

Posted by: |

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.

Only In New England

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".


Health Grade Components

FDIC Certificate #33645
Year Established1992
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.69%
Return on Equity - YTD10.64%
Annual Interest Income$4.8MM
Assets and Liabilities
AssetsQ1 2023vs Q1 2022$520.9MM$528.7MM
LoansQ1 2023vs Q1 2022$356.4MM$320.4MM
DepositsQ1 2023vs Q1 2022$461.1MM$480.4MM
Equity CapitalQ1 2023vs Q1 2022$35.1MM$35.6MM
Loan Loss AllowanceQ1 2023vs Q1 2022$3.7MM$3.5MM
Unbacked Noncurrent LoansQ1 2023vs Q1 2022$942.00K$2.1MM
Real Estate OwnedQ1 2023vs Q1 2022$0$0
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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.

Lee Bank Savings Account Rates

1.50%-$25kKasasa Saver
0.10%$10-Personal Savings Account
0.01%$25-Health Savings Account

Lee Bank Money Market Rates

0.20%*$100k*-Clear Choice Money Market
OTHER TIERS: 0.10% $10 - $25k | 0.15% $25k - $100k

Lee Bank Checking Account Rates

3.00%-$10kKasasa Cash

Lee Bank CD Rates

2.00%$500-6 Month CD
1.75%$500-12 Month CD
1.50%$500-18 Month CD
1.25%$500-24 Month CD
1.25%$500-36 Month CD
0.55%$500-48 Month CD
0.40%$500-30 Month CD
0.15%$500-3 Month CD

Lee Bank Locations
Great Barrington Branch279 Main StreetGreat Barrington, MA 01230
Pittsfield Branch75 North StreetPittsfield, MA 01201
Lee Bank75 Park StLee, MA 01238
Stockbridge BranchElm StreetStockbridge, MA 01262
Lenox Branch450 Pittsfield-Lenox RoadLenox, MA 01240

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