Leader Bank Named To Inc. Magazine's 2008 Fastest Growing Companies
Inc. Magazine recently included Leader Bank, N.A. in its annual ranking of the 5000 fastest-growing private companies in the country and the top 100 businesses in Massachusetts. The list provides a comprehensive view of one of the most important segments of the economy - America's independent-minded entrepreneurs. Compiled as a whole, these companies represent the backbone of the United States economy.
"We are honored to be included in the Inc. 5000" Leader Bank CEO Sushil Tuli stated. He continued by saying, "It validates the quality of our service in the marketplace as a community bank. I'm very proud of what everyone here at Leader Bank has accomplished. We will continue to grow and attain an even greater market share in the surrounding communities. We will meet this challenge by insuring that our employees are well trained to deliver state-of-the art banking products and superior service to all of our new and existing customers."
2008 marks the second year that Inc. Magazine has gone past its traditional Top 500 list, digging deeper "to offer the most comprehensive look ever at the entrepreneurial engine driving the U.S. economy," according to the publication. Companies on the Inc. 5,000 are ranked by percentage revenue growth from 2004 through 2007. To qualify, companies must have been founded and generating revenue by the first week of 2004, and therefore able to show four full calendar years of sales, with a minimum of $200,000 revenue in 2004 and $2 million in 2007. Additionally, all eligible companies were required to be U.S.-based, privately held, and independent as of December 31, 2007.
Complete results of the Inc. 5000, including company profiles and a list of the fastest-growing companies sorted by industry and region can be found at http://www.inc5000.com.
About Leader Bank
Leader Bank is a nationally chartered bank founded in 2002 with four full service branches in Arlington, Belmont 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, 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: Belmont at 363 Pleasant Street, Belmont, MA 02478; Arlington Center at 449 Massachusetts Avenue, Arlington, MA 02474; East Arlington at 141 Massachusetts Avenue, Arlington, MA 02474; and Central Square at 675 Massachusetts Avenue, Cambridge, MA 02139. To contact Leader Bank, please call our toll free number 877-691-7900.
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