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    Independent Bank Corp. (INDB)

    -NasdaqGS
    38.39 0.28(0.73%) Jan 29, 4:00PM EST
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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:N/A

    Business Summary 

    Independent Bank Corp. operates as the bank 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, installment loans, overdraft protection, auto loans, unsecured loans, and loans secured by deposit accounts, as well as loans to purchase motorcycles, recreational vehicles, or boats. It also provides telephone, mobile, and Internet 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, 12 commercial banking centers, 5 investment management offices, and 5 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 Jan 1, 2015 is 9. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 9; Compensation: 10.
    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
    1.11M208.00K
    Mr. Robert D. Cozzone , 44
    Chief Financial Officer, Treasurer, Chief Financial Officer of Rockland Trust Company and Treasurer of Rockland Trust Company
    346.00K16.00K
    Mr. Edward F. Jankowski , 64
    Sr. VP and Director of Residential Lending & Compliance
    433.00K90.00K
    Ms. Jane L. Lundquist , 61
    Exec. VP and Director of Retail Delivery, Bus. Banking & Home Equity Lending
    460.00K72.00K
    Mr. Gerard F. Nadeau , 57
    Exec. VP of Commercial Lending Division - Rockland Trust
    541.00K24.00K
    Amounts are as of Dec 31, 2013 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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