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Lee Bank Elects Four New Corporators

Lee Bank Elects Four New Corporators
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Steinhauer Joins Lee Bank board

Steinhauer Joins Lee Bank Board; Five New Corporators Elected

Lee Bank seeds new charitable foundation with $5 million

LEE — After making a record amount of contributions to Berkshire nonprofits during 2020, Lee Bank has created its own foundation to continue and manage its charitable giving. The Lee Bank Foundation, which is up and running, was funded with $5 million from Berkshire Financial Services, the community bank’s parent company. The goal is to provide 5 percent of that sum, or $250,000, annually in foundation grants to nonprofits throughout the Berkshires that are helping to close the opportunity gap. Branch-based sponsorships will provide an additional $70,000 to these community organizations. “Our goal both near and long term going forward is really to be more active in Berkshire County and invest more in Berkshire County across the board,” said Chuck Leach, the bank’s president and CEO. “And this is one element of that.”

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