Independent Bank Corp.

Massachusetts bank holding company for Rockland Trust, serving individuals and businesses

What Independent Bank does

Independent Bank Corp. owns Rockland Trust Company, a community bank founded in 1907 and based in Rockland, Massachusetts. It takes deposits from individuals and small-to-medium sized businesses and lends to them through business loans, commercial real estate loans, mortgages and home equity loans. It also offers wealth management, trust and investment services.

How Independent Bank makes money

It earns most of its money from the gap between the interest it collects on commercial, real estate and consumer loans and the interest it pays on deposits. It also earns fees from investment management and trust services, cash management, interchange and ATM transactions, and sales of insurance and investment products.

Products & services

• Rockland Trust checking, savings and money market accounts
• Commercial real estate and C&I loans
• Residential mortgages and home equity lines
• Cash management services (ACH, positive pay, remote deposit)
• Investment management and trust services
• Annuities, life insurance and brokerage products