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Rockland Trust
Rockland Trust is a commercial bank based in Rockland, Massachusetts that serves Southeastern Massachusetts, Coastal Massachusetts, Cape Cod, and Boston's MetroWest. Established in 1907http://www4.fdic.gov/IDASP/main_bankfind.asp (search Rockland Trust Company) as Rockland Trust Company. A wholly owned subsidiary of Independent Bank Corp., by October 2016, Rockland Trust had $7.5 billion in assets and employed around 1,000 people. By April 2022, Rockland Trust had $20 billion in assets and employed around 1,100 people. History 1907-2000 The Rockland Trust Company was organized in September 1907 in the Boston suburb of Rockland, Massachusetts. As of September 30, 1907, bank resources were recorded by the Massachusetts Bank Commissioner at $317,852.52, and by December 3, 1907, were at $484,907.48. By September 23, 1908, resources were at $553,430.25. By June 23, 1909, they were at $645,430.87. At the last election, Rockland Trust Company's executive committee chairman, Horace T. Fo ...
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Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ...
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Massachusetts Legislature
The Massachusetts General Court (formally styled the General Court of Massachusetts) is the state legislature of the Commonwealth of Massachusetts. The name "General Court" is a hold-over from the earliest days of the Massachusetts Bay Colony, when the colonial assembly, in addition to making laws, sat as a judicial court of appeals. Before the adoption of the state constitution in 1780, it was called the ''Great and General Court'', but the official title was shortened by John Adams, author of the state constitution. It is a bicameral body. The upper house is the Massachusetts Senate which is composed of 40 members. The lower body, the Massachusetts House of Representatives, has 160 members. (Until 1978, it had 240 members.) It meets in the Massachusetts State House on Beacon Hill in Boston. The current President of the Senate is Karen Spilka, and the Speaker of the House is Ronald Mariano. Since 1959, Democrats have controlled both houses of the Massachusetts General Court, ...
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Banks Based In Massachusetts
A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Because banks play an important role in financial stability and the economy of a country, most jurisdictions exercise a high degree of regulation over banks. Most countries have institutionalized a system known as fractional reserve banking, under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, the Basel Accords. Banking in its modern sense evolved in the fourteenth century in the prosperous cities of Renaissance Italy but in many ways functioned as a continuation of ideas and concepts of credit and lending that had their roots in the anc ...
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Rockland Trust Company (building)
The Rockland Trust Company building is a historic bank building and a branch of the Rockland Trust Company at 288 Union Street in Rockland, Massachusetts. The bank was founded in 1907, and was originally in offices across the street before commission this building in 1917. It is a two-story brick building designed by Boston architect Thomas M. James, a well-known specialist in bank design. A single-story addition was added in 1923, which was raised to two stories in 1947. A three-story addition was added in 1947. The original building and additions are all built of red brick laid in Flemish bond. The main entry is recessed behind a pair of massive columns, which are flanked on the facade by a pair of pilasters, which support an entablature that is topped by a brick parapet and granite balustrade. The bank's corporate headquarters were housed here until 2008. The building was listed on the National Register of Historic Places in 1989. Images Image:1917 - New Rockland Trus ...
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East Boston Savings Bank
East Boston Savings Bank was a Massachusetts-chartered stock savings bank founded in 1848. The company delivered a wide range of deposit and loan products through the operation of the bank. On April 22, 2021, Rockland Trust would be acquiring the bank. History East Boston Savings Bank was established in Maverick Square, East Boston in 1848 by some merchants and shipbuilders, as a result of the booming commerce in Boston. In 1991, East Boston Savings Bank became a wholly owned subsidiary of Meridian Mutual Holding Company, later known as Meridian Financial Services. By, 2006 Meridian formed another holding company called Meridian Interstate Bancorp, to which ownership of the bank was transferred. In 2009, Meridian Interstate entered into a merger agreement with Mt. Washington Cooperative Bank of South Boston, Massachusetts. The merger was consummated in early 2010 and Mt. Washington Bank now operates under its name as a division of East Boston Savings Bank. In July 2014, Mer ...
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Blue Hills Bank
Blue Hills Bank was a bank based in Hyde Park, Massachusetts. The bank was named Hyde Park Savings Bank until 2011. The bank had 11 branches, all of were are in Massachusetts. History Hyde Park Savings Bank was organized on April 20, 1871 and incorporated on March 8, 1871. Charles F. Gerry was its first president. It opened for business on June 17, 1871. It was originally located in the selectmen's room of the Hyde Park town hall. On September 1, 1871 it moved to Hyde Park's Neponset Block, where it remained until the building was destroyed by fire on May 5, 1874. The bank relocated temporarily to the town office building in the Everett Block. A new bank building was constructed in 1875. In 1899, the bank moved to a new building in Everett Square. The Panic of 1873 and the Long Depression led the Massachusetts State Bank Commission to place the bank under the restrictions of the " Stay Law of 1878", which allowed the commissioners to limit the time and amount of payments to ...
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Sovereign Bank
Santander Bank, N. A. (), formerly Sovereign Bank, is a wholly owned subsidiary of the Spanish Santander Group. It is based in Boston and its principal market is the northeastern United States. It has $57.5 billion in deposits, operates about 650 retail banking offices and over 2,000 ATMs, and employs approximately 9,800 people. It offers an array of financial services and products including retail banking, mortgages, corporate banking, cash management, credit card, capital markets, trust and wealth management, and insurance. Sovereign Bank was rebranded as Santander Bank on October 17, 2013; the stadium, arena, and performing arts center for which it has naming rights were also rebranded. History Santander Bank, N.A., was founded on October 8, 1902 as "Sovereign Bank", a savings and loan in Wyomissing, Pennsylvania. The company's earliest customers were largely textile workers. Sovereign expanded rapidly during the savings and loan crisis of the 1980s and 1990s, acquir ...
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Hanover, Massachusetts
Hanover is a historic town in Plymouth County, Massachusetts, United States. The population was 14,833 at the 2020 census. History The area of Hanover was first inhabited by the local Wampanoag and Massachusett people before Europeans had settled. According to local history, there were a few documented sites being within the modern day border of Hanover. One being in Assinippi, one in Pine Island Swamp, and the last being at Factory Pond, also known as Drinkwater Swamp. In the middle of the 17th century, the indigenous inhabitants were removed by force as waves of people from the British Isles started to migrate towards North America. The last of these natives in Hanover were removed in a small skirmish that occurred at the Factory Pond area in the 1630s. European settlement began when the land was settled by English settlers from Scituate, Massachusetts in 1649 when William Barstow, a farmer, built a bridge along the North River at what is now Washington Street. When Barstow se ...
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Rhode Island
Rhode Island (, like ''road'') is a U.S. state, state in the New England region of the Northeastern United States. It is the List of U.S. states by area, smallest U.S. state by area and the List of states and territories of the United States by population, seventh-least populous, with slightly fewer than 1.1 million residents 2020 United States census, as of 2020, but it is the List of U.S. states by population density, second-most densely populated after New Jersey. It takes its name from Aquidneck Island, the eponymous island, though most of its land area is on the mainland. Rhode Island borders Connecticut to the west; Massachusetts to the north and east; and the Atlantic Ocean to the south via Rhode Island Sound and Block Island Sound. It also shares a small maritime border with New York (state), New York. Providence, Rhode Island, Providence is its capital and most populous city. Native Americans lived around Narragansett Bay for thousands of years before English settler ...
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Boston Business Journal
The ''Boston Business Journal'' is a weekly, business-oriented newspaper published in Boston, Massachusetts. It is published by the American City Business Journals. The newspaper was founded by Robert Bergenheim and launched its first issue on March 2, 1981. The newspaper was originally named "P&L The Boston Business Journal" ("P&L" stood for profit and loss). However, "P&L" was later dropped from the name. Bergenheim was a former publisher of the Boston Herald. Before that, he was an editor at ''The Christian Science Monitor''. See also *List of newspapers in Massachusetts This is a list of newspapers in Massachusetts, including print and online. Daily newspapers :''This is a list of daily newspapers currently published in Massachusetts. For weekly newspapers, see List of newspapers in Massachusetts.'' No ... References Business newspapers published in the United States Newspapers published in Boston 1981 establishments in Massachusetts Newspapers estab ...
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Boston Globe
''The Boston Globe'' is an American daily newspaper founded and based in Boston, Massachusetts. The newspaper has won a total of 27 Pulitzer Prizes, and has a total circulation of close to 300,000 print and digital subscribers. ''The Boston Globe'' is the oldest and largest daily newspaper in Boston. Founded in 1872, the paper was mainly controlled by Irish Catholic interests before being sold to Charles H. Taylor and his family. After being privately held until 1973, it was sold to ''The New York Times'' in 1993 for $1.1billion, making it one of the most expensive print purchases in U.S. history. The newspaper was purchased in 2013 by Boston Red Sox and Liverpool owner John W. Henry for $70million from The New York Times Company, having lost over 90% of its value in 20 years. The newspaper has been noted as "one of the nation's most prestigious papers." In 1967, ''The Boston Globe'' became the first major paper in the U.S. to come out against the Vietnam War. The paper's 2002 ...
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Alvan T
Alvan or Alavan may refer to: * Alvan (singer), a French singer * Alvan (biblical figure), a minor biblical figure * Alvan, East Azerbaijan, a village in East Azerbaijan Province, Iran * Alvan, Iran, a city in Khuzestan Province * Alvan, Shadegan, a village in Khuzestan Province * Alvan-e Eshareh, a village in Khuzestan Province * Alvan-e Moslem, a village in Khuzestan Province * Alavan, West Azerbaijan, a village in West Azerbaijan Province, Iran See also * Alvin (other) Alvin may refer to: Places Canada *Alvin, British Columbia United States *Alvin, Colorado *Alvin, Georgia *Alvin, Illinois * Alvin, Michigan *Alvin, Texas *Alvin, Wisconsin, a town *Alvin (community), Wisconsin, an unincorporated community Other ...
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