Independent Bank Corp. and Blue Hills Bancorp, Inc. Report Receipt of Regulatory Approvals and Anticipated Closing Date
27 3월 2019 - 12:15AM
Independent Bank Corp. (NASDAQ: INDB) (“Independent”), parent of
Rockland Trust Company, and Blue Hills Bancorp, Inc. (NASDAQ: BHBK)
(“Blue Hills Bancorp”), parent of Blue Hills Bank, jointly reported
the following in connection with the proposed merger of Blue Hills
Bancorp with and into Independent:
- All regulatory approvals relating
to the merger have been received and applicable regulatory waiting
periods have expired as of March 26, 2019.
- The merger’s legal closing will be
effective April 1, 2019. The transaction remains subject to the
satisfaction of customary closing conditions.
Contacts |
Independent Bank
Corp. Investor: Robert D. Cozzone, Chief Financial Officer
Independent Bank Corp. (781) 982-6723
Robert.Cozzone@rocklandtrust.com |
Media: Ellen
Molle, Public Relations Marketing Manager Rockland Trust Company
(781) 982-6537 Ellen.Molle@rocklandtrust.com |
|
Blue Hills Bancorp
Investor and Media: William M. Parent, President and Chief
Executive Officer Blue Hills Bancorp and Blue Hill
Bank617-360-6520WParent@bluehillsbank.com |
About Independent Bank
Corp.
Independent Bank Corp. (NASDAQ Global Select
Market: INDB) has approximately $8.9 billion in assets and is the
holding company for Rockland Trust Company, a full-service
commercial bank headquartered in Massachusetts. Named in 2018 to
The Boston Globe’s “Top Places to Work” list for the 10th
consecutive year, Rockland Trust offers a wide range of banking,
investment, and insurance services. The Bank serves businesses and
individuals through approximately 100 retail branches, commercial
and residential lending centers, and investment management offices
in eastern Massachusetts, including Greater Boston, the South
Shore, the Cape and Islands, as well as in Worcester County and
Rhode Island. Rockland Trust also offers a full suite of mobile,
online, and telephone banking services. The Company is an FDIC
member and an Equal Housing Lender. To find out why Rockland Trust
is the bank “Where Each Relationship Matters®”, please visit
www.rocklandtrust.com.
About Blue Hills Bancorp
Blue Hills Bancorp, Inc., with corporate
headquarters in Norwood, Massachusetts, had assets of $2.8 billion
at December 31, 2018 and operates 11 retail branch offices in
Boston, Dedham, Hyde Park, Milton, Nantucket, Norwood, West
Roxbury, and Westwood, Massachusetts. Blue Hills Bank is a full
service, community bank with its main office in Hyde Park,
Massachusetts. Blue Hills Bank’s three branches in Nantucket,
Massachusetts operate under the name, Nantucket Bank, a division of
Blue Hills Bank. Blue Hills Bank provides consumer, commercial and
municipal deposit and loan products in eastern Massachusetts
through its branch network, loan production offices and eCommerce
channels. Blue Hills Bank offers commercial business and commercial
real estate loans in addition to cash management services and
commercial deposit accounts. Blue Hills Bank also serves consumers
through a full suite of consumer banking products, including
checking accounts, mortgage loans, equity lines of credit and
traditional savings and certificate of deposit accounts. Blue Hills
Bank has invested substantially in online technology, including
online account opening and funding, online mortgage applications,
online banking, mobile banking, bill pay and mobile deposits. Blue
Hills Bank has been serving area residents for over 145 years. For
more information about Blue Hills Bank, visit
www.bluehillsbank.com
Blue Hills Bancorp, Inc. (NASDAQ:BHBK)
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Blue Hills Bancorp, Inc. (NASDAQ:BHBK)
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