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  September 5, 2001
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Home > Company Index > Banking > Banking - Northeast > Independent Bank Corp.

Independent Bank Corp.
Nasdaq: INDB
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 PROFILE
Independent Bank Corp. wants to rock your world. Its banking subsidiary, Rockland Trust, operates more than 50 branches, nine commercial lending centers, and three trust offices in southeastern Massachusetts. The bank offers personal and business checking and savings accounts, NOW accounts, money market accounts, and certificates of deposit. Lending activities include consumer installment loans (more than 25% of the loan portfolio), commercial real estate (more than 35%), residential real estate, business, and construction loans. Other services include trust and investment management. The company bought 12 branches from the merger that formed FleetBoston Financial.

 COMPETITION
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 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 144.00
1-Yr. Sales Growth: 13.6%
Employees: 683
Revenue per employee: $210,834.55

 KEY PEOPLE
• Douglas H. Philipsen
    CEO
• Denis K. Sheahan
    CFO

 CONTACT INFO
288 Union St.
Rockland, MA 02370
US
Phone: 781-878-6100
Fax: 781-982-6130

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