Jul 7, 2010 -
HANOVER, NH: Ledyard National Bank announced today that it has established a $50MM fund from which it will make loans to individuals and businesses in New Hampshire and Vermont.
Kathy Underwood, President and CEO of Ledyard stated, “We are committed to doing our part to contribute to the economic recovery of our region. We have a lot of money to lend to this cause and hope to distribute the $50MM by the end of 2010. I have every expectation that we will be very busy over the next six months.”
Dan Stannard, Senior Vice President and Senior Loan Officer added, “Ledyard is about providing the financial and human resources necessary to help our communities grow and prosper. We look forward to every opportunity that helps us develop new relationships or deepen ones that we’ve had for many years.”