Has East Boston Savings Bank been sold?

Has East Boston Savings Bank been sold?

(the “Company”) (NASDAQ: HONE), the holding company of HarborOne Bank (the “Bank”), today announced that the Bank has agreed to acquire four former East Boston Savings Bank branches located in Brighton, Cambridge and Brookline, Massachusetts from Rockland Trust Company (“Rockland Trust”) – further extending HarborOne’s …

Who bought East Boston Savings Bank?

Rockland Trust Company
ROCKLAND, Mass., November 12, 2021–(BUSINESS WIRE)–Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced the closing of its acquisition of Meridian Bancorp, Inc., parent of East Boston Savings Bank, and Rockland Trust’s acquisition of East Boston Savings Bank.

Did Rockland Trust buy East Boston Savings Bank?

Rockland Trust Surpasses $20 Billion in Assets (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, today announced the closing of its acquisition of Meridian Bancorp, Inc., parent of East Boston Savings Bank, and Rockland Trust’s acquisition of East Boston Savings Bank.

How many branches does East Boston Savings Bank have?

43 branches
East Boston Savings currently has 43 branches.

Is East Boston Savings Bank closing?

In connection with the merger into Rockland Trust and after careful consideration, we have petitioned state and federal regulatory authorities for permission to close some East Boston Savings Bank branches on or about Friday, November 12, 2021.

Is Rockland Trust merging?

Rockland Trust announces branch transfer agreement with HarborOne to preserve jobs and maintain service to communities. Rockland, MA – September 23, 2021 – Independent Bank Corp. (Nasdaq Global Select Market: INDB), parent of Rockland Trust Company, and HarborOne Bancorp, Inc.

Who is Rockland Trust merging with?

Who is the president of East Boston Savings Bank?

Richard J. Gavegnano
East Boston Savings Bank was a Massachusetts-chartered stock savings bank founded in 1848….East Boston Savings Bank.

TypePublic company
HeadquartersPeabody, Massachusetts
Number of locations39
Key peopleRichard J. Gavegnano (President, CEO & Chairman)

What is Rockland Trust Routing Number?

011304478
Rockland Trust’s routing number is 011304478 . Q: Will Rockland Trust continue to automatically debit my deposit account for my loan payment? A: Yes .

Is East Boston Safe?

Crime rates in East Boston have steadily gone down through the years, and it is considered to be safer than 69% of other neighborhoods in Massachusetts. Its proximity to Logan International Airport as well as affordable apartment rates makes this neighborhood popular with students and young professionals.

Which East Boston Savings Bank branches are closing?

In a public notice about its impending merger with the parent company of the East Boston Savings Bank, Rockland Trust says it will close current East Boston branches in Allston, Brighton (two branches), Chinatown, Dorchester, Mission Hill, Roslindale, West Roxbury, Brookline and Cambridge (two branches), among others.

What kind of bank is Rockland Trust?

Independent Bank Corp.
Your full-service Community bank Rockland Trust is dedicated to our customers in Massachusetts and Rhode Island, standing as the sole bank subsidiary of Independent Bank Corp. (NASDAQ: INDB).

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