Rockland gives to SEEED

TAUNTON – Rockland Trust Co.’s Community Development Corp. last week gave $25,000 to South Eastern Economic Development Corp. to support financial counseling for low- to moderate-income small-business owners, according to a press release.
Gerry Nadeau, executive vice president, director of commercial banking at Rockland Trust, said in a statement that the gesture reflects the bank’s commitment to its community.
“We are proud of our continued support of SEED in its efforts to help local businesses succeed and create new jobs in our communities, particularly those challenged by higher unemployment rates.”
Rockland Trust Co., a subsidiary of Independent Bank Corp. with $7 billion in assets, provides the funding through a federal program called New Markets Tax Credits, which aims to foster job creation and stimulate economic growth in low-income communities in the U.S., according to the release.
SEED Executive Director Maria Gooch Smith in a statement lauded Rockland Trust’s support.
“Small businesses create most of the new jobs in our economy and Rockland Trust’s continued support of SEED’s technical assistance to small business enables them to continue operating and create new jobs,” she said.