News: Financial Digest

Dehelean joins Randolph Savings as vice president

Stoughton, MA Marius Dehelean has joined Randolph Savings Bank as a vice president of commercial lending in the bank’s main commercial lending office located at 10 Cabot Place. He comes from TD Bank, where he worked as a vice president of commercial lending for six years. Dehelean’s focus will be to grow the bank’s lending portfolio, with an emphasis on real estate relationships.

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Preservation of Affordable Housing secures $23.5 million in financing from Rockland Trust and Citizens Bank

Cambridge, MA The nonprofit Preservation of Affordable Housing (POAH) has secured $23.5 million in financing from Rockland Trust and Citizens Bank to transform a 150-year-old, underutilized church complex into housing. The project will ultimately create 46 affordable family-sized apartments.
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