Peoples Federal Savings Bank

Peoples Federal Savings Bank was established on January 1, 1916. Over the years, it underwent several significant changes. On May 17, 2005, it transitioned to a stock savings bank organization type. The bank changed its primary federal regulatory agency to The Office of the Comptroller of the Currency on July 21, 2011. In a strategic move to expand its operations, Peoples Federal Savings Bank acquired Brookline Co-operative Bank in Brookline, Massachusetts, on September 8, 2007. Furthering its integration into a larger banking institution, it merged with Rockland Trust Company on February 21, 2015. Following this merger, the institution changed its name to Rockland Trust Company on May 12, 2017.

Below is a list of some important events in banks history, including mergers and acquisitions.

1916-01-01Institution established. Original name: Peoples Federal Savings Bank.

2005-05-17Changed Organization Type to Stock Savings Bank.

2007-09-08Acquired Brookline Co-operative Bank in Brookline, MA.

2011-07-21Changed Primary Federal Regulatory Agency to The Office of the Comptroller of the Currency.

2015-02-21Merged and became part of Rockland Trust Company in Rockland, MA.

2017-05-12Changed Institution Name to Rockland Trust Company.