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.

Rockland Trust Appoints Nadeau as President

Rockland Trust named its former executive vice president of Commercial Lending Gerard Nadeau as president.

Rockland Trust Provides $4.35MM Facility to Macton

Rockland Trust financed a $4.35 million transaction for equipment manufacturer Macton.

Rockland Trust Appoints COO

Rockland Trust, the commercial bank subsidiary of Independent Bank, said it has appointed Denis K. Sheahan as its chief operating officer.

Asset-Based Lending Team Joins Rockland Trust to Expand Middle-Market Lending — Chris O’Connor, SVP, Leads New Initiative

In August, Rockland Trust expanded its commercial lending capabilities by hiring an experienced team of asset-based lending professionals who recently worked together at Webster Business Credit. Led by Chris O’Connor, senior vice president of asset-based lending at Rockland, the unit is poised to build on the 104-year-old bank’s strong regional reputation and robust growth in commercial lending over the past five years.