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Independent Bank

63.15
-0.4400-0.69%
Post-market: 63.150.00000.00%16:10 EDT
Volume:298.77K
Turnover:18.84M
Market Cap:3.15B
PE:14.25
High:64.25
Open:64.25
Low:62.73
Close:63.59
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Company Profile

Company Name:
Independent Bank
Exchange:
NASDAQ
Establishment Date:
1907
Employees:
1837
Office Location:
288 Union Street,Rockland,Massachusetts,United States
Zip Code:
02370
Fax:
- -
Introduction:
Independent Bank Corp. operates as the bank holding company for Rockland Trust Company that provides commercial banking products and services to individuals and small-to-medium sized businesses in the United States. The company provides interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. It offers commercial real estate and construction, commercial and industrial, small business, secured and unsecured commercial, and consumer real estate loans; term loans and revolving/nonrevolving lines of credit; overdraft protection and letters of credit; and residential mortgages and home equity loans and lines. In addition, the company provides cash management services, such as ACH transaction processing, positive pay, and remote deposit services; investment management and trust services to individuals, institutions, small businesses, and charitable institutions; mobile, online, and telephone banking; estate settlement, financial planning, tax services, and other services; automated teller machines; debit and credit cards; and mutual fund and unit investment trust shares, third party model portfolios, general securities, fixed and variable annuities, and life insurance products, as well as advisory platforms. Further, it invests in low-income housing tax credit projects; holds, maintains, and disposes foreclosed properties; and operates as an investment advisor. Independent Bank Corp. was founded in 1907 and is headquartered in Rockland, Massachusetts.

Directors

Name
Position
Donna L. Abelli
Chairman
Jeffrey J. Tengel
Director, Chief Executive Officer and President and Chief Executive Officer of Rockland Trust
Daniel F. O'Brien
Independent Director
Dawn Perry
Independent Director
Eileen C. Miskell
Independent Director
James O'Shanna Morton
Independent Director
John J. Morrissey
Independent Director
Leif O'Leary
Independent Director
Mary L. Lentz
Independent Director
Michael P. Hogan
Independent Director
Scott K. Smith
Independent Director
Susan Perry O'Day
Independent Director
Thomas R. Venables
Independent Director
Joseph C. Lerner
Director
Kenneth S. Ansin
Director

Shareholders

Name
Position
Jeffrey J. Tengel
Director, Chief Executive Officer and President and Chief Executive Officer of Rockland Trust
Mark J. Ruggiero
Chief Financial Officer, Executive Vice President, Consumer Lending of Rockland Trust
Maureen A. Gaffney
Senior Vice President, Controller and Principal Accounting Officer and Rockland Trust
James Rizzo
Executive Vice President and Chief Commercial Banking Officer of Rockland Trust
Kathryn O'Malley
Executive Vice President and Chief Credit Officer
Lee C. Powlus
Executive Vice President, Chief Technology and Operations Officer of Rockland Trust
Maria Harris
Executive Vice President and Chief Human Resource Officer of Rockland Trust
Patricia M. Natale
Executive Vice President, General Counsel and Corporate Secretary and of Rockland Trust