Roscoe Bank awards $20,000 to Bastrop EDC to support local business

Roscoe Bank awarded the Bastrop Economic Development Corporation $20,000, the second of five annual donations to be made in as many years totaling $100,000. The money was presented by Rick Womble, Roscoe Bank Bastrop branch president, at the BEDC board meeting Nov. 13.

The BEDC was established in 1995 to attract and sustain healthy business in Bastrop through tax and development incentives.

“We are called to make a positive difference, and we applaud the work of the Bastrop Economic Development Corporation as you seek to make a positive difference in the economic climate for the development of our local citizens and the local business community,” Womble said at the presentation of the award.

The bottom line

The money was awarded to benefit local small businesses through a micro-loan grant program.

“We hope that this is seen as a reflection of our ongoing commitment to serve the residents of the Bastrop community and Bastrop County, and that we’re doing so in ways that were not possible for us before,” Womble said.