What bank bought out Enterprise Bank?
Enterprise Bancorp, Inc., the parent company of Enterprise Bank and Trust Company, was acquired by Independent Bank Corp., the parent holding company of Rockland Trust Company. The multi-million-dollar cash-and-stock transaction resulted in Enterprise Bank merging directly into Rockland Trust Company, significantly expanding Rockland Trust's retail banking, commercial lending, and wealth management presence across its operating footprint while uniting two institutions with deep community banking traditions.
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