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SEC filing of the week: Rockland Trust parent’s profit narrows to...

PROVIDENCE – Independent Bank Corp., the parent company for Rockland Trust Co., ended 2024 with $192 million in earnings, down 19.8% over the prior...

Cronin named director of investor relations at Rockland Trust

ROCKLAND, Mass. – Gerry Cronin has been appointed director of investor relations for Rockland Trust Co., the bank and Rockland Trust parent Independent Bank...

Rockland Trust parent to acquire Enterprise Bank in $562M deal

ROCKLAND, Mass. – Independent Bank Corp., the parent of Rockland Trust Co., is acquiring Lowell, Mass.-based Enterprise Bancorp Inc., parent of Enterprise Bank and...

Rockland Trust loans nearly $10M for Fall River mill conversion to...

FALL RIVER – Property developer Cordeiro Properties has secured financing totaling nearly $10 million Rockland Trust Co. to convert three floors of a 146-year-old...
PROMISING PATH: Keishla Aponte, a participant in Year Up’s business operations job training program, was hired by BankFive and now works at its Customer Contact Center in Fall River.
PBN PHOTO/RUPERT WHITELEY

BANKING ON DIVERSITY: Collaboration changing faces of industry

Nationally, banking was long known as a white-male-dominated industry. But Rhode Island is taking steps to change that with BankForward, an initiative that aims...

Rockland Trust provides $6.6M to Peregrine Group for Newport condos

PROVIDENCE – Rockland Trust Co. has provided $6.6 million in financing to the Peregrine Group LLC for the construction of a housing development in...
STILL STANDING: 
There is vacant office space in downtown Providence, but people in the local commercial real estate sector say landlords and banks haven’t reached a crisis level as others have nationwide. 
PBN PHOTO/­MICHAEL SALERNO

SHAKY GROUND: Distressed office real estate could undermine banks, wider economy

The former mayor of Providence is distressed. When Joseph R. Paolino Jr. walks through the city’s financial district, he’s anxious about what he sees. He...

Five Questions With: James Rizzo

James Rizzo was recently promoted to chief commercial banking officer for the Rockland Trust Co. He joined Rockland Trust after it acquired Slade’s Ferry...

Rockland Trust parent company doubles annual profits, ending 2022 with $264M

PROVIDENCE – Rising interest rates and a $1.2 billion acquisition of another Massachusetts bank helped Independent Bank Corp. to more than double its 2022...

Rockland Trust names new CEO

PROVIDENCE – The Rockland Trust Co. will have a new leader at the helm next month. The Rockland, Mass.-based bank on Monday named Jeffrey J....
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