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Blue Hills Bank Merger Notice

The Commonwealth of Massachusetts

Division of Banks

 

          ROCKLAND TRUST COMPANY (ROCKLAND TRUST), Rockland, Massachusetts has petitioned the Division of Banks for approval to merge with BLUE HILLS BANK (BLUE HILLS), Hyde Park, Massachusetts in a multi-step transaction.  Under the terms of the Agreement and Plan of Merger, BLUE HILLS will merge with and into ROCKLAND TRUST under the charter, by-laws and name of ROCKLAND TRUST COMPANY. The main office of ROCKLAND TRUST would remain the main office of the continuing institution. This multi-step transaction includes the merger of ROCKLAND TRUST’s holding company, INDEPENDENT BANK CORP. with BLUE HILL’s holding company, BLUE HILLS BANCORP, INC.  As part of this merger transaction, ROCKLAND TRUST has petitioned to close its branch offices located at (1) 1905 Centre Street, West Roxbury; and (2) 670 High Street, Westwood.  BLUE HILLS BANK has also petitioned to close its banking office located at 111 Lenox Street, Norwood.

 

          Any objections or comments relative to these proposals must be communicated in writing to the Commissioner of Banks, 1000 Washington Street, 10th Floor, Boston, Massachusetts 02118 no later than February 27, 2019.  A public hearing may be held if the response is considered significant or circumstances warrant such a hearing, as determined by the Commissioner.  The applications and all communications relative to these applications will be available for public inspection at the Division of Banks.

 

Merrily S. Gerrish

Acting Commissioner of Banks