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Lee Bank and Trust Company
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company sizeCompany size: 51-200

Lee Bank & Trust Company was formed in 1932 when four small Lee County banks, in business as far back as the mid 1800's, merged during the Great Depression. Seventy Five years later, the bank continues to be strong, stable, and secure organization with approximately $170,000,000 in assets and sixty employees. The bank is subject to the regulatory authority of the Bureau of Financial Institutions of the Virginia State Corporation Commission and the Federal Deposit Insurance Corporation.

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Commercial Banks
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Lee Bank and Trust Company - Recent News & Articles

China keeps benchmark lending rates unchanged as it contends with a weakening yuan

The People’s Bank of China held the 1-year loan prime rate at 3.1%, and the 5-year LPR at 3.6%, according to the PBOC statement. The PBOC has ramped up measures lately to avoid a sharp fall in the cur...

Source: CNBC

Fed officials are raising concerns about the impact Trump’s tariffs could have on inflation

In recent days, multiple central bank policymakers not only have noted the uncertainty surrounding tariffs, they also have highlighted the potential impact on inflation. Chicago Fed President Austan G...

Source: CNBC

A big failures. Now come the hearings

President Joe Biden said he believes his administration has done a “pretty damn good job” working to resolve the banking crisis and said he thinks it will “take a little while for things to just calm ...

Source: BankerAdvisor

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Source: BankerAdvisor