RANDOLPH SAVINGS BANK ENTERS YEAR TWO OF MASSACHUSETTS SMALL BUSINESS BANKING PARTNERSHIP

January 20, 2016

Randolph Savings Bank is pleased to announce its second year as a qualifying bank partner with the State of Massachusetts Small Business Banking Partnership. Through this partnership, Randolph Savings Bank is offering $5,000,000 in small business loans to qualifying small businesses. Individual loan amounts will range from $10,000 up to $1,000,000 and will feature competitive interest rates.

“In 2015, we saw firsthand the positive impact this program has on our local businesses and our communities,” states Randolph President and CEO James McDonough. “We look forward to continuing to support small businesses in their growth endeavors through the Massachusetts Small Business Banking Partnership."

As a part of the Small Business Banking Partnership, Randolph Savings Bank has lent $1,325,959 to qualifying small businesses since October 2014.

For more information about small business loans, please contact a Randolph Savings Bank commercial lender at 877-963-2100. More information about the State of Massachusetts Small Business Banking Partnership can be found at Mass.gov.