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Independent Bank completes Mayflower Bancorp acquisition

Independent Bank (INDB), parent of Rockland Trust Company, announced the completion of its acquisition of Mayflower Bancorp (MFLR), parent of Mayflower Co-operative Bank d/b/a Mayflower Bank. The legal closing occurred today. The acquisition will be effective as of 11:59 p.m., at which time Mayflower Bancorp, Inc. will be merged with and into Independent, with Independent the surviving entity.