A wholly owned subsidiary of Independent Bank Corp.,[4] by October 2016, Rockland Trust had $7.5 billion in assets and employed around 1,000 people.
The proposal was opposed by Alvan T. Fuller, then Governor of Massachusetts, and Hingham Trust, a bank based closer to Hull.
[8] In 2009, its acquisition of Benjamin Franklin Bank brought Rockland into the western suburbs of Boston for the first time.
[11] In 2015, it was reported that Rockland Trust had secured its first branches in Boston, with the $131 million acquisition of Peoples Federal Savings Bank's holding company.
[12] By October 2016, Rockland Trust was wholly owned by Independent Bank Corp and had $7.5 billion in assets.
[5] On October 20, 2016, it was reported that Rockland Trust Company would acquire Edgartown National Bank, with the merger expected to be complete by May 2017.
[13] In April 2021 Rockland Trust Company announced its acquisition of East Boston Savings Bank for $1.15 billion.
[1][2] The company continues to operate as a subsidiary of Independent Bank Corp, and remains based in Rockland, Massachusetts with branches in the state and Rhode Island.