361:
212:. As of September 30, 1907, bank resources were recorded by the Massachusetts Bank Commissioner at $ 317,852.52, and by December 3, 1907, were at $ 484,907.48. By September 23, 1908, resources were at $ 553,430.25. By June 23, 1909, they were at $ 645,430.87. At the last election, Rockland Trust Company's executive committee chairman, Horace T. Fogg, was elected "almost without opposition" to the office of Treasurer of
261:
By
October 2016, Rockland Trust was wholly owned by Independent Bank Corp and had $ 7.5 billion in assets. It also employed around 1,000 people, and had a loan limit of $ 100 million. That month, the company acquired the Bank of Cape Cod. It had plans to begin offering wealth management services
253:
in its "2015 Top Places To Work" feature. In 2015, it was reported that
Rockland Trust had secured its first branches in Boston, with the $ 131 million acquisition of Peoples Federal Savings Bank's holding company. Although Rockland already had a commercial lending and wealth management office in
246:
The bank instigated a "buying spree" of other financial companies in 2008, acquiring Slades Ferry Bank that year. In 2009, its acquisition of
Benjamin Franklin Bank brought Rockland into the western suburbs of Boston for the first time. The Central Bank purchase in 2012 brought Rockland to have
561:
191:. Established in 1907 as Rockland Trust Company. A wholly owned subsidiary of Independent Bank Corp., by October 2016, Rockland Trust had $ 7.5 billion in assets and employed around 1,000 people. By April 2022, Rockland Trust had $ 20 billion in assets and employed around 1,100 people.
269:
In 2017, CEO Chris
Oddleifson was quoted saying that they would consider acquiring banks with as much as $ 3 billion to $ 4 billion assets. At the time, Rockland Trust had about $ 7.7 billion in assets. As of February 2018, Chris Oddleifson was CEO of Rockland Trust.
262:
through its wealth management division. On
October 20, 2016, it was reported that Rockland Trust Company would acquire Edgartown National Bank, with the merger expected to be complete by May 2017. The transaction was valued at about $ 24.5 million, according to the
38:
360:
290:. It has retail branches, commercial lending offices, investment management offices, and residential lending centers located in Eastern Massachusetts and Rhode Island. By October 2016, Rockland Trust employed around 1,000 people and had 85 branches.
258:, and acquired Slades Ferry Bancorp, Benjamin Franklin Bank, Central Bank, Mayflower Bank and Peoples Federal Savings Bank. The largest of those acquisitions was Benjamin Franklin, which had near $ 1 billion in assets.
406:
278:
In April 2021 Rockland Trust
Company announced its acquisition of East Boston Savings Bank for $ 1.15 billion. Following this acquisition Rockland Trust total assets were estimated at $ 20 billion.
286:
The company continues to operate as a subsidiary of
Independent Bank Corp, and remains based in Rockland, Massachusetts with branches in the state and Rhode Island. Corporate headquarters are in
562:"Independent Bank Corp. Announces Completion of Slade's Ferry Bancorp. Acquisition, Appointment of Carl Ribeiro as a Director and Results of Stock/Cash Elections by Slade's Ferry Shareholders"
254:
Boston, it had no retail locations prior, with 8 branches added to
Rockland's 78 branch network. Between 2005 and October 2016, the bank grew to have 85 branches in eastern Massachusetts and
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sparked a state-level debate on whether to allow "kangaroo banking," where banks opened branches in non-adjacent towns. The proposal was opposed by
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219:
In 1910, Rockland Trust began offering "Automobile
Banking" — an innovative program that offered banking services to nearby towns (including
671:
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branches north of Boston. The bank was planning further expansion in 2012. In 2015, the bank was named the No. 1 largest company by the
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266:. After the merger was finalized, it was reported the name of the Edgartown National Bank would change to Rockland Trust.
234:, then Governor of Massachusetts, and Hingham Trust, a bank based closer to Hull. The petition was finally granted by the
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223:) from the window of a special adapted car. The program was well received and continued through 1955.
979:"Rockland Trust Company to Acquire The Milford National Bank and Trust Company › Rockland Trust"
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Rockland Trust offers banking, investment, and insurance services to businesses and individuals.
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805:"Merger Decisions: 2004 Annual Report to Congress - Falmouth Cooperative Bank"
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1924: after first set of renovations, including a large addition in the back
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592:"Rockland Trust finally gets branches in Boston with $ 131M Peoples deal"
184:
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The
Rockland Trust Company was organized in September 1907 in the
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1005:
766:
Note: search Rockland Trust Company, then check "history" page.
672:"Rockland Trust willing to buy a bank as big as $ 4B, CEO says"
155:
333:
2017 - Island Bancorp, Inc., parent of Edgartown National Bank
1011:
https://www.usbanklocations.com/rockland-trust-company.shtml
407:"Rockland Trust Company to Acquire East Boston Savings Bank"
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2016 - New England Bancorp, Inc., parent of Bank of Cape Cod
495:"Rockland Trust Will Acquire Edgartown National Bank"
226:Rockland Trust's 1927 petition to open a branch in
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779:"Merger Decisions: 2000 Annual Report to Congress"
428:"US Bank Locations - Rockland Trust Total Assets"
336:2018 - Milford National Bank and Trust Company
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8:
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639:"Rockland Trust named No. 1 largest company"
457:"Company Overview of Rockland Trust Company"
441:http://www4.fdic.gov/IDASP/main_bankfind.asp
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27:Commercial bank in Massachusetts, U.S.
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560:Corp, Independent Bank (2008-02-29).
525:. New England Magazine Company. 1910.
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7:
611:Michael Souza (September 15, 2012).
327:2015 - People's Federal Savings Bank
637:Sarah Shemkus (November 12, 2015).
25:
613:"Rockland Trust eyeing expansion"
378:Rockland Trust Company (building)
315:2008 - Slades Ferry Trust Company
542:. Rockland Trust. Archived from
493:Julia Wells (October 20, 2016).
359:
312:2004 - Falmouth Cooperative Bank
36:
443:(search Rockland Trust Company)
302:1992 - Middleboro Trust Company
699:"The Future of Rockland Trust"
1:
590:Jon Chesto (August 4, 2014).
318:2009 - Benjamin Franklin Bank
1026:Banks based in Massachusetts
831:"Slades Ferry Trust Company"
670:Greg Ryan (April 25, 2017).
70:; 117 years ago
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887:"Central Bank Acquisition"
746:"Middleboro Trust Company"
181:Southeastern Massachusetts
1031:Banks established in 1907
701:. NECN. February 14, 2018
236:Massachusetts legislature
183:, Coastal Massachusetts,
35:
950:"Rockland Trust History"
857:"Benjamin Franklin Bank"
347:East Boston Savings Bank
138:Independent Bank Corp. (
1041:Rockland, Massachusetts
917:"Mayflower Acquisition"
677:Boston Business Journal
597:Boston Business Journal
566:GlobeNewswire News Room
523:"The Story of Rockland"
210:Rockland, Massachusetts
177:Rockland, Massachusetts
87:Rockland, Massachusetts
1036:Hanover, Massachusetts
833:. FDIC. Archived from
724:"About Rockland Trust"
288:Hanover, Massachusetts
18:Rockland Trust Company
983:www.rocklandtrust.com
954:www.rocklandtrust.com
324:2013 - Mayflower Bank
282:Services and branches
297:Notable acquisitions
321:2012 - Central Bank
228:Hull, Massachusetts
221:Hull, Massachusetts
124:Number of employees
68:September 1907
32:
927:on August 17, 2014
118:20 billion (2021)
897:on March 17, 2013
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16:(Redirected from
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1006:Official website
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923:. Archived from
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893:. Archived from
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863:. Archived from
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752:. Archived from
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726:. Rockland Trust
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232:Alvan T. Fuller
214:Plymouth County
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187:, and Boston's
173:commercial bank
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1000:External links
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891:Rockland Trust
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158:.rocklandtrust
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31:Rockland Trust
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128:1,100+ (2021)
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986:. Retrieved
982:
973:
962:. Retrieved
958:the original
953:
929:. Retrieved
925:the original
920:
911:
899:. Retrieved
895:the original
890:
881:
869:. Retrieved
865:the original
860:
851:
839:. Retrieved
835:the original
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813:. Retrieved
808:
799:
787:. Retrieved
785:. FDIC. 2000
782:
773:
765:
758:. Retrieved
754:the original
749:
740:
728:. Retrieved
703:. Retrieved
693:
681:. Retrieved
675:
648:. Retrieved
644:Boston Globe
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632:
620:. Retrieved
616:
606:
595:
569:. Retrieved
565:
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544:the original
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502:. Retrieved
498:
461:. Retrieved
436:
305:2000 - Four
292:
285:
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263:
260:
256:Rhode Island
250:Boston Globe
248:
245:
225:
218:
203:
179:that serves
168:
167:
110:Total assets
83:Headquarters
45:Company type
459:. Bloomberg
1020:Categories
988:2019-03-09
964:2017-09-07
571:2020-05-29
384:References
208:suburb of
95:Key people
49:Subsidiary
242:2001-2018
200:1907-2000
189:MetroWest
175:based in
931:March 2,
901:March 2,
871:March 2,
841:March 2,
815:March 2,
789:March 2,
760:March 2,
730:March 3,
705:March 2,
683:March 2,
650:March 2,
622:March 2,
504:March 2,
463:March 2,
372:See also
309:branches
185:Cape Cod
55:Industry
537:"About"
345:2021 -
339:2019 -
195:History
151:Website
142::
75:1907-09
73: (
65:Founded
59:Banking
811:. 2004
353:Images
206:Boston
140:Nasdaq
134:Parent
89:, U.S.
547:(PDF)
540:(PDF)
171:is a
933:2018
903:2018
873:2018
861:FDIC
843:2018
817:2018
809:FDIC
791:2018
783:FDIC
762:2018
750:FDIC
732:2018
707:2018
685:2018
652:2018
624:2018
506:2018
465:2018
274:2021
160:.com
144:INDB
116:US$
617:PBN
156:www
101:CEO
1022::
981:.
952:.
941:^
919:.
889:.
859:.
807:.
781:.
764:.
748:.
715:^
674:.
660:^
641:.
615:.
594:.
580:^
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238:.
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20:)
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