Independent Bank Corp.

Independent Bank Corp. is the bank holding company for Rockland Trust Company, providing commercial banking products and services to individuals and small-to-medium sized businesses in the United States. Its offerings include interest checking, money market, and savings accounts, as well as demand deposits and time certificates of deposit. The company also provides a range of loans such as commercial real estate and construction loans, commercial and industrial loans, small business loans, secured and unsecured commercial loans, consumer real estate loans, term loans, revolving/nonrevolving lines of credit, overdraft protection, letters of credit, residential mortgages, and home equity loans and lines. Additionally, it offers cash management services like ACH transaction processing, positive pay, and remote deposit services, along with investment management and trust services to individuals, institutions, small businesses, and charitable institutions.

Independent Bank Corp. is listed on the NasdaqGS exchange under the ticker symbol INDB. Its securities are traded in US dollars (USD), as the company is headquartered in the United States and operates primarily in the US market.

Independent Bank Corp. operates in the Financial Services sector and is categorized under the Banks - Regional industry. This means it is a regional bank that provides traditional banking services such as deposits, loans, and other financial products to local customers and businesses in its geographic area.

Independent Bank Corp. is headquartered in Rockland, Massachusetts, United States. Founded in 1907, the company serves customers primarily in the United States, focusing on individuals and small-to-medium sized businesses. Its services are delivered through its subsidiary, Rockland Trust Company, and include a wide range of banking, investment, and trust services.

Independent Bank Corp. generates revenue through various banking and financial services. Its primary income sources include interest income from loans such as commercial real estate, construction, commercial and industrial, small business, consumer real estate, residential mortgages, and home equity loans. It also earns fee income from cash management services like ACH processing, positive pay, and remote deposit, as well as from investment management and trust services. Additional revenue comes from interchange fees, ATM fees, and services related to debit and credit cards, mobile and online banking. The company also invests in low-income housing tax credit projects and generates income from foreclosed properties and advisory platforms.