Merger Information

THE COMMONWEALTH OF MASSACHUSETTS
Division of Banks


ROCKLAND TRUST COMPANY, Rockland, Massachusetts has petitioned the Commissioner of Banks for permission to merge with ENTERPRISE BANK AND TRUST COMPANY, Lowell, Massachusetts in a multi-step transaction. Under the terms of an Agreement and Plan of Merger, ENTERPRISE BANK AND TRUST COMPANY will merge with and into ROCKLAND TRUST COMPANY under the charter, by-laws, and name of ROCKLAND TRUST COMPANY. This multi-step transaction also includes the merger of ENTERPRISE BANCORP, INC., the holding company for ENTERPRISE BANK AND TRUST COMPANY, with and into INDEPENDENT BANK CORP., the holding company for ROCKLAND TRUST COMPANY. The main office of ROCKLAND TRUST COMPANY would remain the main office of the continuing institution and the banking offices of ENTERPRISE BANK AND TRUST COMPANY would be retained as branch offices of ROCKLAND TRUST COMPANY.

Any objections or comments relative to this proposal must be communicated in writing to the Commissioner of Banks, One Federal Street, Suite 710, Boston, Massachusetts 02110-2012 or via electronic mail to dob.comments@mass.gov no later than April 2, 2025. A public hearing may be held if the response is considered significant or circumstances warrant such a hearing, as determined by the Commissioner. The application and all communications relative to this application are available from the Division by request at dob.rao@mass.gov.

MARY L. GALLAGHER
Commissioner of Banks