Elizabeth Wall Lee

Elizabeth Wall Lee

Shareholder, owner, and director, Highland Bank

Description

As business owners turned to local banks for relief from the Covid-19 crisis in 2020, St. Michael-based Highland Bank issued more than 850 Paycheck Protection Program loans to local small businesses, totaling $149 million. Owner and director Elizabeth Wall Lee also ensures the bank gives back 2% of its earnings annually to the community. Lee is also the chairman of the Alice and Fred Wall Family Foundation, where she leverages the legacy of her family’s businesses to fund nonprofit organizations whose missions support socio-economically disadvantaged people working toward self-sufficiency.