Independent Bank Acquires Blue Hills Bancorp

Independent Bank, parent of Rockland Trust, closed its acquisition of Blue Hills Bancorp, parent of Blue Hills Bank. Blue Hills Bank merged with and into Rockland Trust, with Rockland Trust the surviving entity. The customer and brand conversion will occur over the weekend of June 8, 2019.

Independent Approved to Acquire Blue Hills for $726.5MM

According to Zacks, Independent Bank Corp. has received regulatory approval to acquire Blue Hills Bancorp for $726.5 million.