SEED Promotes Ann Desrosiers and Restructures Operations Staff

SEED Corporation is pleased to announce thepromotion of Ann Desrosiers to Vice President, Operations and Portfolio Management. Some of you might have spoken with Ann in the past regarding loan servicing matters. She will now be responsible for supervision of all loan operations and financial and administrative functions, in addition to her loan portfolio management duties.

Ann has been with SEED for 11 years. Prior to joining SEED, she was Vice President of Finance at Southern Massachusetts Credit Union for eight years.  Her 21 year banking career also included financial positions with Shawmut Bank and Bank of Boston. Ann obtained her Bachelor of Science in Finance from the University of Massachusetts, Dartmouth.

Anne Rounds, Assistant Vice President/Closing Manager is now responsible for SBA 504 loan closing coordination and final document review.  Anne also coordinates and prepares loan closing documents for SEED’s small loan programs up to $200,000. She has been with SEED since 1988. Prior to SEED, Anne worked as senior secretary for the Southeastern Regional Planning and Economic Development District.

Sid Silva Reyes, Commercial Lending and Servicing Officer, has assumed financial responsibility for SEED’s accounts, in addition to providing support to the Lending Team, and supervising the administrative staff.  She has been with SEED since 1997. Prior to SEED, Sid worked at Bristol County Savings Bank for five years, most recently as a commercial credit analyst. She graduated from Fisher College with a degree in accounting.

Kelsey Ainsworth, Commercial Lending & Servicing Assistant, has assumed responsibilities in portfolio management, in addition to assisting with administrative duties. She joined SEED on a full time basis this summer after graduating from the University of Massachusetts, Dartmouth with a Bachelor of Science in Accounting.  She has worked at SEED part time since 2009, and as a student intern prior to that.

Katherine Torres, Administrative Officer, continues to be responsible for the smooth operation of the SEED office. She is often the person on the other end of the line, and the one who receives clients and guests.  Kathi has been with SEED since 2004.  Prior to SEED, she worked at Miriam Hospital and The May Institute Inc. in an administrative capacity.

As a regional nonprofit economic development corporation, South Eastern Economic Development (SEED) Corporation focuses on job creation by financing all types of small businesses in Massachusetts and Rhode Island. SEED makes loans ranging from a $1,000 Micro Loan to a $5.5 million SBA 504 Loan and also administers a small business technical assistance program.

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