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MassHousing Presents Leader Bank With Special Achievement Award As The Top Minority Lender

Press Release
03/28/2013

Leader Bank is honored to be the recipient of the Special Achievement Award as the “Top Minority Lender” from Massachusetts Housing Finance Agency (MassHousing). Sushil K. Tuli, President and CEO of Leader Bank, accepted the award at a MassHousing ceremony that took place on March 1, 2013.

Leader Bank is currently the second largest MassHousing lender in Massachusetts, and provided the greatest number of loans to minority families in 2012. Last year, Leader Bank originated 281 MassHousing loans that totaled $75.8 million. Leader Bank was able to provide financing to 59 minority families with real estate values totaling approximately $12.7 million.

Mr. Tuli, who has served as a member of MassHousing’s Advisory Board since 2010, stated “Leader Bank is extremely proud of our relationship with MassHousing. Over the years, the organization has provided invaluable assistance to Leader Bank in helping hundreds of low-to-moderate income families realize the dream of homeownership. We look forward to continuing our partnership with MassHousing for years to come.”

About Leader Bank
Leader Bank is a nationally chartered bank founded in 2002 with six full-service branches in Arlington, Belmont, Burlington and Cambridge. Leader Bank offers a full range of personal and business banking products including free personal and business checking accounts, commercial and residential lending products, home equity lines of credit, deposit products with highly competitive rates and free online banking and bill payment services.

Visit Leader Bank’s website at www.leaderbank.com or stop by any of our convenient branch locations: East Arlington at 141 Massachusetts Avenue, Arlington, MA 02474; Arlington Center at 449 Massachusetts Avenue, Arlington, MA 02474; Belmont at 363 Pleasant Street, Belmont, MA 02478; Burlington at 50 Mall Road, Suite 110, Burlington, MA 01803; Central Square at 675 Massachusetts Avenue, Cambridge, MA 02139; Arlington Heights at 1201 Massachusetts Avenue, Arlington, MA 02476. To contact Leader Bank, please call our toll free number at 877-691-7900.



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