Rockland Trust Company

Overview / Commentary
288 Union Street
Rockland, MA 02370

Rockland Trust Company is headquartered in Rockland and is the 3rd largest bank in the state of Massachusetts. It is also the 130th largest bank in the nation. It was established in 1907 and as of September of 2020, it had grown to 1,375 employees at 98 locations. Rockland Trust Company has an A health rating.

Reviews (3)

Great Bank

Posted by: |

Rockland Trust offer great rates and all employees in my branch are extremely nice.

Great Customer Service

Posted by: |

I have a personal checking account through Rockland Trust. With my checking account, I have a few bills that get paid automatically through it. One several occasions, there has not been enough money in my account to cover the automatic payments, which have caused me to have a $35 maintenance fee deducted from my account. On top of my account already being a negative balance because of the automatic payment going through, it has been a larger sum due to the maintenance fee. I have been able to call my local branch twice this year to ask if there was any way someone could help me out, they know that I am a single, stay at home mother, with a very strict, fixed income and am struggling. I always talk to the manager, Michelle and she has helped me by refunding the maintenance fee and I am usually able to get together enough to at least bring my account back into the positives. Because of Michelle's ability to do this, she has saved me a lot of stress and has kept my account from becoming far in debt.

Worst Bank In America

Posted by: |

After banking here for nine years I can say one thing with certainty: whatever they say they will do will not get done.

Before I went to Spain on vacation I told them I would be using my debit card there. They promised to lift the security block. They didn't, leaving me stranded.

A few months later I sold my house. I asked them for a statement showing I owed nothing on my home equity line of credit. They didn't do it so I had to drive 80 miles to get it. Avoid this bank. It's nothing but trouble.


Health Grade Components

FDIC Certificate #9712
Year Established1907
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.96%
Return on Equity - YTD6.88%
Annual Interest Income$308.6MM
Assets and Liabilities
AssetsQ3 2020vs Q3 2019$13.16B$11.54B
LoansQ3 2020vs Q3 2019$9.34B$8.90B
DepositsQ3 2020vs Q3 2019$10.95B$9.42B
Equity CapitalQ3 2020vs Q3 2019$1.73B$1.79B
Loan Loss AllowanceQ3 2020vs Q3 2019$115.6MM$66.9MM
Unbacked Noncurrent LoansQ3 2020vs Q3 2019$97.2MM$45.6MM
Real Estate OwnedQ3 2020vs Q3 2019$0$2.5MM
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Always verify rates and promotions with the bank or credit union. We are not Rockland Trust Company; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.

Rockland Trust Company Savings Account Rates

0.01%$1-Free Savings
0.01%$1-Business Savings

Rockland Trust Company Money Market Rates

0.10%*$50k*$1mRockland Complete Money Market
OTHER TIERS: 0.01% Up to $50k | 0.05% $1m+
0.05%*$50k*$1mMoney Market Savings
OTHER TIERS: 0.01% Any amount
0.05%*$10k*-Premier Business Money Market Savings
OTHER TIERS: 0.01% Up to $10k
0.05%*$10k*-Complete Business Money Market Savings
OTHER TIERS: 0.01% Up to $10k

Rockland Trust Company Checking Account Rates

0.01%$1-Advantage Checking
0.01%$1-Rockland Complete Checking

Rockland Trust Company CD Rates

0.25%$1k$1m10 Month CD w/ Checking - New Money (In Branch Only)
0.10%$1k-2 Year CD
0.10%$1k-4 Year CD
0.10%$1k-5 Year CD
0.10%$1k-6 Month CD w/ Checking - New Money (In Branch Only)
0.10%$1k-15 Month CD

Rockland Trust Company IRA Rates

0.25%$1k$1m10 Month IRA w/ Checking - New Money (In Branch Only)
0.10%$1k-2 Year IRA
0.10%$1k-4 Year IRA
0.10%$1k-5 Year IRA
0.10%$1k-6 Month IRA w/ Checking - New Money (In Branch Only)
0.10%$1k-15 Month IRA


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