Rockland Trust

Rockland Trust to Acquire Blue Hills Bank

The parent company of Rockland Trust announced yesterday that it would acquire the parent company of Hyde Park-based Blue Hills Bank in a deal that will give Rockland the largest deposit share in Massachusetts, the largest branch network and bring the company over $11 billion in assets.

OCC Requests Public Comment on CRA Updates

The U.S. Office of the Comptroller of the Currency at the end of August published an advanced notice of proposed rulemaking, calling for public comment on ways to modernize and transform the Community Reinvestment Act.

Community Good Works

Local food pantries get a boost from banks in preparation for Thanksgiving; BankFive donates $5,000 for people who experience autism; and St. Francis House raises over $750,000 for its shelter in this week’s Community Good Works.

Jack Gates

Catering To The Client

As a senior vice president with Highland Capital Brokerage, insurance veteran Jack Gates first approached Rockland Trust intending to try to gain another client. But the more he spoke with Rockland, the more the two parties saw an opportunity to fill a void in the community bank’s investment management business.

Personnel File

PWCampbell augments its New England footprint, Unibank promotes two, and The Cooperative Bank gets a new CFO in this week’s Personnel File