Independent Bank Corp. (INDB) NASDAQ
Currency In USD
- General
- Statistics
- Historical Data
- Profile
- Financials
Independent Bank Corp.
Address
288 Union Street
Rockland, MA 02370
United States of America (the)
Phone
781 878 6100
Sector
Financial Services
Industry
Banks - Regional
Employees
1837
First IPO Date
May 14, 1986
Key Executives
| Name | Title | Pay | Year Born |
| Jeffrey J. Tengel | President, Chief Executive Officer & Director | 2.51M | 1963 |
| Maria S. Harris | Executive Vice President & Chief Human Resource Officer of Rockland Trust Company | 611,876 | 1971 |
| James Rizzo | Executive Vice President & Chief Commercial Banking Officer of Rockland Trust Company | 841,581 | 1963 |
| Patricia Natale | Executive Vice President, General Counsel & Corporate Secretary | 850,351 | 1966 |
| Lee C. Powlus | Executive VP & Chief Administrative Officer of Rockland Trust Company | 877,039 | 1961 |
| Mark J. Ruggiero | Chief Financial Officer | 1.27M | 1977 |
| Timothy C. Lane | Executive VP & Chief Internal Auditor | 0 | N/A |
| Kathryn O'malley | Executive Vice President & Chief Credit Officer of Rockland Trust Company | 0 | 1963 |
| Alastair Ironside | Executive Vice President & Chief Marketing Officer | 0 | N/A |
| David Byron Smith | Executive Vice President & Chief Investment Officer | 0 | N/A |
| Maureen A. Gaffney | Senior Vice President, Controller & Principal Accounting Officer | 0 | 1979 |
| Margaret McCarthy | Executive Vice President & Chief Retail Banking Officer | 0 | N/A |
Description
Independent Bank Corp. functions as the parent company for Rockland Trust Company, delivering a wide array of commercial banking products and services. Its clientele primarily consists of private individuals and small to mid-sized businesses, largely within Massachusetts. The institution offers diverse deposit options, including interest-bearing checking, money market, and savings accounts, in addition to demand deposits and time certificates of deposit. Its extensive lending portfolio covers commercial and industrial loans, commercial real estate and construction financing, small business loans, consumer real estate loans, and personal loans. Beyond core banking, the company provides wealth management and fiduciary services for a broad spectrum of clients, from private individuals and institutions to small businesses and charitable organizations. It also offers digital banking solutions (online and mobile), estate planning, financial advisory, and tax assistance. Customers have access to ATM and debit card services, alongside various investment products such as mutual funds, unit investment trusts, general securities, fixed and variable annuities, and life insurance. As of December 31, 2021, Independent Bank Corp. maintained a substantial physical presence, operating 119 retail branches, two limited-service retail branches, and one mobile branch. These facilities are strategically located across Eastern Massachusetts, encompassing Barnstable, Bristol, Dukes, Essex, Middlesex, Nantucket, Norfolk, Plymouth, Suffolk, and Worcester counties. Established in 1907, the company is headquartered in Rockland, Massachusetts.