The Small Business Administration (SBA) District Director, Robert H. Nelson, presented Hometown Bank with the SBA Lender of the Quarter Award for the first quarter of 2016’s fiscal year after the Bank generated ten SBA loan approvals between October 1, 2015 and December 31, 2015. The Bank currently ranks twelfth out of Massachusetts’ eighty-nine most active lenders since doubling its loan approval for the entire 2015 fiscal year total in just one quarter. This distinction recognizes the merit of the Bank’s lending performance during this time.
“We are honored to receive the designation of Lender of the Quarter. It is a direct reflection of the effort that the Hometown Bank team puts forth to support local businesses,” said Michael Hewitt, Hometown Bank’s President and CEO. “We value our vibrant small business community and recognize the importance of providing these businesses with the capital needed to grow and create jobs. Through participating in SBA’s lending programs we have new opportunities to promote success stories.”
Hometown Community Bancorp, Inc., is the holding company for Hometown Bank, a Massachusetts mutual cooperative bank headquartered in Oxford, MA. Hometown has about $412 million in assets and operates eight full-service banking offices throughout central MA.
Photo Caption: Left to Right – Michael P. Mahlert, EVP; Anne Hunt, SBA Deputy District Director; Robert H. Nelson, SBA District Director; Michael D. Hewitt, President & CEO; Deanna Mills, VP.