Lee Bank names new VP to expand services across wider income range
LEE — Lee Bank has named a new financial wellness officer to broaden the bank’s financial planning and money management services to area residents with a range of incomes and needs.
Matthew R. Freitag, a certified financial planner™ and Cheshire native, has been named vice president, financial wellness. He works with Lee Bank customers to assist them in achieving better financial stability and devising personalized financial plans, regardless of income. This service is offered at no cost to customers of Lee Bank.
“The pandemic has shown us just how fragile some people’s financial circumstances are,” said Chuck Leach, president of Lee Bank. “We want to clear up any misperception that financial planning services are only for the wealthy. We aim to be an inclusive financial resource to help strengthen all of our customers’ circumstances, which in turn strengthens our community.”
Financial planning encompasses an array of money matters: budgeting, debt management, savings, tax questions, college planning, social security strategies, investment, and retirement planning.
“As we come out of COVID, many of our customers are reckoning with their financial futures after pandemic-related money challenges,” said Freitag. “For many people, their bank is already a trusted financial partner, and we can build on this foundation. Even for those who weathered COVID-19’s impact, it may be time…