Skip to main content Download Acrobat Reader 5.0 or higher to view PDF files.
 

About Us/Explore

 
 

Rockland Trust and Newburyport Bank Provide $19.3 Million to MINCO Development for Live/Work, Transit-Oriented Project in Newburyport

About MINCO Development

Since 1982 Minco Development has been a full service commercial real estate company involved in all aspects of the real estate industry.  Minco Development has developed numerous commercial properties and over 3,000 housing units.  The company focuses on the development of commercial and residential properties that improve the built environment and meet the needs of the communities while providing house opportunities and economic growth.

 

About Newburyport Bank

Newburyport Bank is a state-chartered mutual savings bank headquartered in Newburyport, MA.  The Bank was founded in 1854 and currently has 11 locations in both Massachusetts and New Hampshire, and over $1 billion in assets.  Deposits at Newburyport Bank are federally insured by the Federal Deposit Insurance Corporation (FDIC), with excess insurance provided by the Depositors Insurance Fund (DIF).  As the premier full-service community bank in the Greater Seacoast Region, the Bank offers a complete range of personal and business products and services, as well as the most advanced technologies in online and mobile banking.

 

About Rockland Trust

Independent Bank Corp. (NASDAQ Global Select Market: INDB) is the holding company for Rockland Trust Company, a full-service commercial bank headquartered in Massachusetts. Rockland Trust was named to The Boston Globe’s “Top Places to Work” 2019 list, an honor earned for the 11th consecutive year.  In addition to this recognition, Rockland Trust was ranked the #1 Bank in Massachusetts, according to Forbes 2020 World’s Best Banks list. Rockland Trust is deeply committed to the communities it serves as reflected in the overall “Outstanding” rating received in its most recent Community Reinvestment Act performance evaluation. Rockland Trust offers a wide range of banking, investment, and insurance services. The Bank serves businesses and individuals through approximately 100 retail branches, commercial and residential lending centers, and investment management offices in eastern Massachusetts, including Greater Boston, the South Shore, the Cape, and Islands, as well as in Worcester County and Rhode Island. Rockland Trust also offers a full suite of mobile, online, and telephone banking services. Rockland Trust is an FDIC member and an Equal Housing Lender. To find out why Rockland Trust is the bank “Where Each Relationship Matters®,” please visit RocklandTrust.com.

Rockland Trust’s Commercial Banking Group has more than 50 commercial lenders and 16 lending centers throughout Massachusetts and Rhode Island. With a lending capacity up to $100 million, the Commercial Banking Team has broad experience in areas such as asset-based lending, commercial real estate, construction and land development, equipment financing, commercial mortgages, and low-income housing loans. In addition, the team can meet all the financial needs of its customers with additional services such as business deposit products, merchant and foreign exchange services, and cash management services.

 

Media Contact:

Emily McDonald

Rockland Trust

Emily.McDonald@RocklandTrust.com

781-982-6650