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Greg Buscone

American Alarm and Communications receives $25m


BOSTON—Citizens Bank on Oct. 4 announced today that Citizens Commercial Banking’s Security Finance Group is providing a $25 million credit facility to American Alarm and Communications.

Dynamark gets $15m in funding

Line of credit will be put toward acquisitions and business expansion

HAGERSTOWN, Md.—Dynamark Monitoring, a wholesale central station based here, received a $15 million senior credit facility from Citizens Commercial Banking, a division of Citizens Bank.

Citizens Bank wants to grow its security lending

Mooney, Needham join specialized security alarm group

BOSTON—Citizens Bank wants to do more security alarm deals and “expand around the edges” to adjacent businesses, Greg Buscone, SVP and market manager of Specialized Banking at Citizens Commercial, told Security Systems News.