Memebers have used JNE advances to help create or retain jobs and expand small businesses owned by women, minorities or veterans. Ledyard National Bank in New Hampshire used JNE to help a veteran-owned bakery retain 44 jobs.
Jobs for New England
More than 12,000 jobs have been created or preserved through the Jobs for New England (JNE) program, which offers below market-rate financing to members so they can provide low interest-rate small business loans.
"JNE has been an important source of low-cost funding for small businesses in New England."
Michael Pingpank,
Senior Community Investment Manager