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Lee Bank Holds Annual Meeting, Elects Four New Corporators
iberkshires.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iberkshires.com Daily Mail and Mail on Sunday newspapers.
Lee Bank Elects Four New Corporators
iberkshires.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from iberkshires.com Daily Mail and Mail on Sunday newspapers.
LEE â 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 bankâs 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.
âOur 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,â said Chuck Leach, the bankâs president and CEO. âAnd this is one element of that.â
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