Company Background

Rockland Trust Company is a full-service community bank serving southeastern Massachusetts, Cape Cod and the SouthCoast. The company provides a wide range of consumer and business products and services through its network of over 60 retail branches, ten commercial lending centers, five mortgage banking centers, and three Investment Management Group offices. With $2.9 billion in assets and over 800 employees, Rockland Trust is the largest commercial bank headquartered in southeastern Massachusetts.

Rockland Trust Company is the wholly-owned subsidiary of Independent Bank Corp., (NASDAQ: INDB). The company is independently owned and has maintained a longstanding tradition of community service.

History

Early in 1907 a prospectus was presented to the town of Rockland and the surrounding communities, to take over the business of the First National Bank of Rockland, whose assets totaled more than $200,000.00. This transaction created the Rockland Trust Company, whose goal was to “promote the business activity and growth of Rockland and its vicinity”.

From that single branch in 1907, Rockland Trust gradually increased its presence on the south shore by building new branches and acquiring others along the way.

In late 1985, the stockholders of both the Rockland and Middleborough Trust companies voted to become wholly owned subsidiaries of a new parent corporation, Independent Bank Corporation (NASDAQ: INDB). The merger of the Rockland and Middleborough Trust Companies into Rockland Trust Company was completed in June 1992.

Rockland Trust expanded its area of coverage across the bridge onto Cape Cod in 1999, with the acquisition of ten Fleet Bank branches. Five years later, in 2004, Rockland Trust purchased Falmouth Bancorp, adding four branches and expanding their Cape Cod presence from Bourne to Orleans. With approximately $3.5 billion in assets and over 800 employees, Rockland Trust is the largest commercial bank headquartered in southeastern Massachusetts.