“We are thrilled to welcome Bank of Cape Cod customers,” said Christopher Oddleifson, President and CEO of Rockland Trust. “For more than 100 years we have focused on building strong and enduring relationships with communities and customers to help them meet their financial goals. We look forward to helping our new neighbors on the Cape with our greater range of products, capabilities, and award-winning commitment to service.”
With the transition, Bank of Cape Cod’s Osterville branch at 57 West Bay Road opened this morning as Rockland Trust’s 13th branch on the Cape. In addition, Andrea Breen, former Senior Vice President of Retail Banking at Bank of Cape Cod joined the Rockland Trust Retail Banking team managed by Theresa Richards, District Manager for the branches on Cape Cod. Breen oversees Rockland Trust’s Osterville and Centerville branches.
Mark Sexton and Charles DeSimone also joined Rockland Trust and were appointed to the Cape Cod Commercial Lending team managed by Brian Griffin, First Vice President of Commercial Lending for the Cape and Islands. Sexton was formerly Chief Lending Officer at Bank of Cape Cod and now serves as Rockland Trust’s First Vice President of Commercial Lending in Hyannis. Previously, DeSimone was a Senior Vice President of Commercial Lending for Bank of Cape Cod. He now serves as First Vice President of Commercial Lending on Rockland Trust’s Cape Cod team.
Rockland Trust also marked the combination of the two banks with a $10,000 pledge as Legacy Sponsor to the John F. Kennedy Hyannis Museum in 2017. The sponsorship will help the Museum celebrate the centennial of President Kennedy’s birth.
Named a Top Charitable Contributor by the Boston Business Journal for three consecutive years, Rockland Trust and its affiliated foundations donated $2.2 million in grants last year to more than 140 community organizations in Massachusetts. This includes the Bank’s annual high school scholarship program that awards scholarship grants to college-bound high school seniors throughout communities in eastern Massachusetts, including to students in Cape Cod schools.
Rockland Trust announced the acquisition of Bank of Cape Cod on March 17, 2016 and finalized the transaction on November 10, 2016.
About Rockland Trust
Independent Bank Corp. has approximately $7.8 billion in assets and is the holding company for Rockland Trust Company, a full-service commercial bank headquartered in Massachusetts. Rockland Trust offers a wide range of banking, investment, and insurance services to businesses and individuals through retail branches, commercial lending offices, investment management offices, and residential lending centers located in Eastern Massachusetts and Rhode Island, as well as through telephone banking, mobile banking, and the Internet. Named in 2015 to The Boston Globe’s “Top Places to Work” list for the seventh consecutive year, Rockland Trust was rated the top Largest Employer to work for in Massachusetts. The Company is also an FDIC member and an Equal Housing Lender. To find out why Rockland Trust is the bank “Where Each Relationship Matters®”, please visit https://www.rocklandtrust.com.