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    Independent Bank Corp. (INDB)

    -NasdaqGS
    43.96 Down 0.10(0.23%) 3:59PM EDT
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    Independent Bank Corp.
    288 Union Street
    Rockland, MA 02370
    United States - Map
    Phone: 781-878-6100
    Website: http://www.rocklandtrust.com

    Details 
    Index Membership:N/A
    Sector:Financial
    Industry:Regional - Northeast Banks
    Full Time Employees:980

    Business Summary 

    Independent Bank Corp. operates as the holding company for Rockland Trust Company that provides banking products and services primarily to small-to-medium sized businesses and individuals in Massachusetts. Its deposit products include demand deposits, interest checking accounts, money market accounts, savings accounts, and time certificates of deposit. The company’s loan product portfolio comprises commercial loans, such as commercial and industrial loans, asset-based loans, commercial real estate loans, commercial construction loans, and small business loans; and consumer loans, including residential real estate loans, home equity loans and lines, installment loans, overdraft protection, education loans, auto loans, unsecured loans, and loans secured by deposit accounts, as well as loans to purchase or refinance automobiles, motorcycles, boats, or recreational vehicles. It also provides Internet and mobile banking services; insurance services; and investment management and trust services to individuals, institutions, small businesses, and charitable institutions. The company operates through 75 full service and 3 limited service retail branches, 11 commercial banking centers, 5 investment management offices, and 3 mortgage lending centers in Eastern Massachusetts; and an investment management group/commercial lending office in Rhode Island. Independent Bank Corp. was founded in 1907 and is headquartered in Rockland, Massachusetts.

    Key Statistics


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    Corporate Governance 
    Independent Bank Corp.’s ISS Governance QuickScore as of Sep 1, 2015 is 5. The pillar scores are Audit: 1; Board: 5; Shareholder Rights: 6; Compensation: 6.
    Brought to you by Institutional Shareholder Services (ISS)

    Key Executives 
     PayExercised
    Mr. Christopher Oddleifson , 56
    Chief Exec. Officer, Pres, Director, Member of Exec. Committee, Chief Exec. Officer of Rockland Trust Company, Pres of Rockland Trust Company and Director of Rockland Trust Company
    1.13M268.00K
    Mr. Robert D. Cozzone , 44
    Chief Financial Officer, Treasurer, Chief Financial Officer of Rockland Trust Company and Treasurer of Rockland Trust Company
    475.00K18.00K
    Mr. Edward F. Jankowski , 64
    Sr. VP and Director of Residential Lending & Compliance
    N/AN/A
    Ms. Jane L. Lundquist , 61
    Exec. VP and Director of Retail Delivery, Bus. Banking & Home Equity Lending
    472.00K144.00K
    Mr. Gerard F. Nadeau , 57
    Exec. VP of Commercial Lending Division for Rockland Trust
    564.00K44.00K
    Mr. David B. Smith CFA,
    Chief Investment Officer, Sr. VP, Chief Investment Officer of Rockland Trust Company and Sr. VP of Rockland Trust Company
    N/AN/A
    Amounts are as of Dec 31, 2014 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
    Currency in USD.
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