|
Balance Sheet Cash Flow Statement 288 Union St. Rockland, MA 02370 MA Tel. 781-878-6100 Toll Free 800-222-2299 Fax 781-982-6130 |
Type: Public
On the web:
http://www.rocklandtrust.com
Employees:
827
Employee growth: 11.5%
Independent Bank wants to rock your financial world. Its banking subsidiary, Rockland Trust, operates more than 60 branches, as well as several commercial lending centers, investment management offices, and mortgage banking centers in southeastern Massachusetts and Cape Cod. Serving individuals and small to midsized businesses, the bank offers such deposit products as checking and savings accounts, money market accounts, and CDs. Its lending activities mainly consist of commercial real estate loans (around 40% of its loan portfolio), residential mortgages, and home equity, consumer, business, and construction loans.
Key numbers for fiscal year ending December, 2008:
Sales: $145.5M
One year growth: 13.5%
Net income: $24.0M
Income growth: (15.6%)
Officers:
Chairman: Thomas J. Teuten
President, CEO, and Director, Independent Bank Corp. and Rockland Trust: Christopher (Chris) Oddleifson
CFO and Treasurer; CFO, Rockland Trust: Denis K. Sheahan
Competitors:
Citizens Financial Group
Eastern Bank
TD Bank USA
