April 27, 2020

ROCKLAND TRUST

By Checker Bot

Updated 04-May-2020.

Mondo shtuff from around the internet, all about ROCKLAND TRUST!

The Future of Rockland Trust: Rockland Trust CEO Chris Oddleifson and two employees talk about the future of the bank and their own goals. What can we expect in the next year or two?

Rockland Trust Will Acquire Edgartown National Bank: The Edgartown National Bank, the Island’s second oldest bank, will be acquired by the Rockland Trust Company. Due to be completed next spring, the transaction is valued at about $24.5 million.

My botty best at summarizing from Wikipedia: Rockland Trust is a commercial bank based in rockland, Massachusetts . it serves Southeastern Massachusetts, Coastal Massachusetts, Cape Cod, and Boston’s MetroWest . established in 1907, the bank is in 1910, Rockland Trust began offering “Automobile banking” from the window of a special adapted car . the program was well received and continued through 1955 . 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 branches north of Boston . in 2015, the bank in 2015, rockland trust secured its first branches in Boston, with the $131 million acquisition of Peoples Federal Savings Bank’s holding company . between 2005 and October 2016, the bank grew to have 85 branches in eastern Massachusetts Rockland Trust Company acquired the Bank of Cape Cod . the company had plans to offer wealth management services through its wealth management division . in 2017, CEO Chris Oddleifson was quoted saying they would consider acquiring banks with as much Rockland Trust had about $7.7 billion in assets at the time . as of February 2018, Chris Oddleifson was CEO of rockland trust . corporate headquarters are in Hanover, Massachusetts .