HOMETOWN BANK COMMUNITY FOUNDATION CONTRIBUTES $15,000 TO NORTH CENTRAL MA DEVELOPMENT CORPORATION’S ECONOMIC ADVANCEMENT FUND
Michael Hewitt, President of Hometown Bank Community Foundation announced a contribution of $15,000 to North Central MA Development Corporation (NCMDC).
NCMDC serves twenty six communities within Worcester, Middlesex and Franklin Counties focusing on micro-lending, creating jobs and operating small business workshops. Their recent efforts have helped create dozens of new businesses and helped dozens more grow thereby creating several hundred new jobs in local communities.
In celebration of NCMDC’s 30 years of service, they are launching an Economic Advancement Fund to help expand their economic development efforts. bankHometown has supported NCMDC for years and this recent $15,000 contribution from Hometown Bank Community Foundation will help support this new fund and NCMDC’s efforts to further job and business growth.
Christina DiRusso, bankHometown’s assistant vice president of commercial lending, is a member of NCMDC’s micro loan committee. She said “I see first-hand the number of businesses that are helped with counseling and micro loans.” She added that they are a valuable organization in their market as they “facilitate and connect businesses and help promote local businesses with events and press.”
bankHometown is headquartered in Oxford, Massachusetts and has $730 million in assets. bankHometown has served its communities since 1889 and operates thirteen full service offices; eight in central Massachusetts and five located in northeastern Connecticut.