News: Financial Digest

Mutual Bank names Rodriguez as assistant manager

According to Mutual Bank, a community bank with nine branches throughout southeastern Mass., Alex Rodriguez of Brockton has been named assistant manager in the bank's Brockton region. He will maintain offices at both the Brockton West and Whitman branch locations. Rodriguez recently completed his asssociates degree in general business at Massasoit Community College and is pursuing a bachelor's degree at Eastern Nazarene College. Prior to his current assignment, he served as assistant manager in the Mutual Bank Hanson office. "Alex is a valued member of the Mutual Bank team," said Glen White, CEO. "We believe local people and their people are best served by local banks and Alex helps us prove that every day."
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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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