Rockland, Mass. (November 19, 2018) – Today, Rockland Trust welcomed Milford National Bank customers into the Rockland Trust family with expanded banking services and resources. Founded in 1907, Rockland Trust is a community-focused, locally based bank that serves families and businesses in eastern Massachusetts and Rhode Island with over 85 branches, 13 commercial lending centers, and 8 investment management offices, including its newest commercial lending and investment management office in downtown Worcester.
“We are excited to welcome Milford National Bank customers to Rockland Trust,” said Christopher Oddleifson, Chief Executive Officer of Rockland Trust. “Creating and strengthening long lasting relationships is a chief priority and we look forward to supporting our new customers and deepening our connection with the Milford community.”
With the addition of Milford National Bank’s three branches, Rockland Trust expands its presence in Worcester County and brings its relationship banking style to more communities in the Greater Milford area. Milford National Bank customers will have access to Rockland Trust’s “Smart” ATMs, online and mobile banking, instant issue-chip enabled debit cards, cash management services for businesses, and a larger commercial lending capacity.
As part of its dedication to supporting nonprofits in the communities it serves, the Bank’s affiliated foundation, the Rockland Trust Charitable Foundation, donated a $50,000 grant to the Milford Regional Healthcare Foundation. The grant helped fund the 2018 Mélange Gala in support of the Milford Regional Medical Center. Named a Top Charitable Contributor by the Boston Business Journal for five consecutive years, Rockland Trust and its affiliated foundations provided over $1.5 in charitable grants and sponsorships in 2017 to community organizations throughout Massachusetts.
Rockland Trust announced the acquisition of The Milford National Bank and Trust Company on May 29, 2018 and finalized the transaction on November 16, 2018.
About Rockland Trust
Independent Bank Corp. (Nasdaq Global Select Market: INDB) has approximately $8.4 billion in assets and is the holding company for Rockland Trust Company, a full-service commercial bank headquartered in Massachusetts. Named in 2018 to The Boston Globe’s “Top Places to Work” list for the tenth consecutive year, 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, and Rhode Island. Rockland Trust also offers a full suite of mobile, online, and telephone banking services. The Company is an FDIC member and an Equal Housing Lender. To find out why Rockland Trust is the bank “Where Each Relationship Matters®”, please visit www.rocklandtrust.com.
146 South Main Street, Milford
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