East Central Regional Development Commission
Milaca – Jim Neely has recently stepped down from the East Central Regional Development Commission (ECRDC) Revolving Loan Fund (RLF) Board of Directors after a decade of service. The ECRDC RLF provides gap financing to small businesses in Chisago, Isanti, Kanabec, Mille Lacs and Pine Counties.
Ben Montzka, Chairman of the ECRDC stated “Jim has been an integral part of the RLF Board for many years. His experience, skills and guidance have been critical to the RLF’s success”.
Neely is vice president of First National Bank of Milaca. He has 19 years of banking experience in the area is active in the community and has been involved with numerous civic and non-profit organizations including the Milaca Fire Department.
The ECRDC is a public agency whose board members are represented by officials appointed by county boards, townships, municipalities, school boards and citizens at large from Chisago, Mille Lacs, Pine, Isanti and Kanabec Counties. The ECRDC is funded through a local tax levy and planning / program grants and contracts from state and federal agencies and foundations.