In connection with the merger into Rockland Trust and after careful consideration, we have petitioned state and federal regulatory authorities for permission to close some East Boston Savings Bank branches on or about Friday, .
Is East Boston Savings Bank now Rockland Trust?
Independent Bank Corp., parent of Rockland Trust Company, has closed its acquisition of Meridian Bancorp, Inc., parent of East Boston Savings Bank (EBSB) with thousands of EBSB customers officially becoming Rockland Trust customers Monday.16 Nov 2021
How much did Rockland Trust pay for East Boston Savings Bank?
A $1.15-billion deal announced Thursday by Rockland Trust and East Boston Savings Bank gives Rockland the Peabody-based bank's 42 banking locations and $6.5 billion in assets.
What happened to South Boston Savings Bank?
South Boston Savings Bank was acquired by FleetBoston Financial Group on .
Did Rockland Trust buy East Boston Savings?
Rockland Trust Surpasses $20 Billion in Assets (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced the closing of its acquisition of Meridian Bancorp, Inc., parent of East Boston Savings Bank, and Rockland Trust's acquisition of East Boston Savings Bank.12 Nov 2021
How many East Boston Savings banks are there?
Type Public company
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Headquarters Peabody, Massachusetts
Number of locations 39
Key people Richard J. Gavegnano (President, CEO & Chairman)
Operating income US$ 236.675 million (2018)