Rockport National Bank

Last updated
Rockport National Bank
Founded1851;174 years ago (1851)
DefunctAugust 30, 2014;10 years ago (2014-08-30)
FateAcquired by Institution for Savings
Headquarters Rockport, Massachusetts
The former Rockport National Bank in Rockport, Massachusetts Rockport National Bank, Rockport MA.jpg
The former Rockport National Bank in Rockport, Massachusetts

Rockport National Bank was a bank based in Rockport, Massachusetts. In 2014, it was acquired by Institution for Savings.

It had 4 branches.

History

Rockport National Bank first opened in Rockport, Massachusetts as a state bank in 1851. [1]

It received its national charter on March 8, 1865. [2]

In September 2013, Peter Anderson, the president and chief executive officer of the company, retired. [3]

In August 2014, the company was acquired by Institution for Savings for $28.3 million in cash. [4]

References

  1. ↑ MacNeill, Arianna (April 16, 2014). "Institution to buy Rockport National Bank". The Salem News .
  2. ↑ "Institution History for ROCKPORT MAIN OFFICE (555005)". Federal Financial Institutions Examination Council.
  3. ↑ Rattigan, David (August 18, 2013). "Rockport National Bank president to retire". The Boston Globe .
  4. ↑ MacNeill, Arianna (April 23, 2014). "Institution for Savings to acquire Rockport bank". The Salem News .

42°39′29.8″N70°37′5.4″W / 42.658278°N 70.618167°W / 42.658278; -70.618167

This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.