Community Association Banking


Our experts have your back

Condominium associations, homeowner associations and property management firms have unique banking needs so we've assembled a team of experts dedicated solely to serving customers like you. 

Our team members know all about the types of entities you operate, from governance structure to financial management demands. They take pride in staying up to date on industry trends, and are always here to answer your questions and help address your banking challenges.

We offer a range of services to simplify collection of monthly payments, cash management, taking out loans, and other common responsibilities on your plate. And we do our best to make banking convenient for you, with: 

  • Nearly 80 branch locations and 100 ATMs throughout Eastern Massachusetts and Cape Cod
  • Extended banking hours, including Saturday and Sunday (in select locations)
  • Free use of Rockland Trust ATMs (including our smart ATMs) and pay no surcharge for use of any ATM in the SUM® network1
  • Access to online banking with bill pay

Rockland Trust specializes in lending to condominium associations, homeowner associations and property management firms. Whether your association has a large capital reserve project, faces overruns in critical and volatile budget-line items such as snow removal, or is just trying to lessen the economic impact of a large assessment to your unit owners, our team of professionals will work with you to design a lending solution to meet your needs.


In the past, we have provided condominium associations with loans for everything from small-scale projects of $10,000 to large deals of $50 million.

To Get Started

Fill out this form and bring it to a branch near you
Call 888.878.7824
Contact a member of the team below to set up an appointment 


Meet the Team

Dan Picha
First Vice President, Director of Community Association Banking
Office: 781.982.6656
Email: Daniel.Picha

Dan launched his banking career as an undergraduate student at The Ohio State University and joined Rockland Trust after moving to Massachusetts in 2000. Before creating and managing our Community Association Banking division, he managed our Norwell branch and was named Branch Manager of the Year in 2005.

Outside of banking, Dan has a great deal of experience with condominiums and property management firms. He lives in a 128-unit condominium on the South Shore, where he is a member and past chairman of the board of trustees. In addition, he has been active with the New England Chapter of the Community Association Institute and has taken classes to become a Certified Manager of Community Associations. Dan is also an author, speaker and committee member of the Community Association Institute of New England.


Timothy W. Murphy
Vice President, Business Development Officer
Office: 781.982.6629
Email: Timothy.Murphy

Tim has been in banking for 6 years and has 15 years of finance/sales experience and is a Vice President, Business Development Officer for the Community Association Banking division at Rockland Trust. He earned a Bachelor's Degree in Architectural Design from the Wentworth Institute of Technology in Boston and his banking career began with Citi Bank in Wellesley. Over the years, Tim has worked as a Business Banking Officer covering MA and RI and also served as a Client Development Officer with Bank of America located in Waltham. During his time there, he was responsible for managing, retaining, and growing a portfolio that consisted of 600 businesses throughout New England. Prior to joining Rockland Trust, Tim was a VP, Business Banking Officer with Peoples United Bank where managed and grew a $23 million portfolio that expanded throughout MA.

Tim has also served as a residential and commercial real estate agent and is currently part of the Worcester and Boston Board of Realtors. He currently lives in Milford, Massachusetts with his wife Lisa and two daughters, Abigail and Isabella, ages 5 and 3.


Jennifer Macaluso
Client Relations Specialist
Office: 781.982.6566
Email: Jennifer.Macaluso

Jen Macaluso is the Client Relations Specialist for our Community Association Banking division. She started with Rockland Trust in 2007 as a teller in our Hull branch. Jen served as the Head Teller of the Rockland Main Office prior to joining the Community Association Banking team. She offers support to trustees as well as property managers and Business Clients.

Jen graduated from Bridgewater State University in May, 2012 with a Bachelors Degree in Psychology.

To open an account today, complete the Account Opening Card & Resolution form.

To add another account to an existing Community Association Banking relationship, complete the Additional Account Request form. 

1. Rockland Trust may charge a fee for use of another bank's ATM.

2.Includes debits, credits, and items deposited per monthly statement cycle(subject to federal regulations on withdrawals). 50¢ per transaction over the free transaction limit.

3. You may make an unlimited number of withdrawals or transfers from your savings account(s)and/or money market account(s) so long as they are done in person at one of our ATMs or branch locations. However, federal regulations limit your ability to make certain types of withdrawals and transfers from these accounts. Under these regulations, any checks, drafts or debit card transactions (or similar payment orders) drawn on your money market account that are payable to third parties (no such transactions are permitted on your savings accounts), as well as any transfers or transactions from your money market or savings account to another of your accounts with us or to third parties by pre-authorized or automatic means, personal computer (including online banking or bill payment services) or telephone (including facsimile or data transmission) are considered "Limited Transactions." You are limited to a total of six (6) Limited Transactions from your money market and savings account per statement cycle period. We count check transactions on your money market account on the day the check is presented to us for payment, regardless of when you may have written it (including if it was written in a prior statement cycle). If you exceed your Limited Transaction limit on your Money Market Savings account, we may assess you an Excess Transaction Fee for each Limited Transaction over the limit. Additionally, if you exceed your Limited Transaction limit on a regular basis,we may close your money market or savings account, or change this type of account to a different deposit account you are eligible to maintain.