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 131st largest bank in the nation. It was established in 1907 and as of June of 2021, it had grown to 1,363 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 - YTD1.18%
Return on Equity - YTD9.05%
Annual Interest Income$198.6MM
Assets and Liabilities
AssetsQ2 2021vs Q2 2020$14.19B$13.02B
LoansQ2 2021vs Q2 2020$8.86B$9.29B
DepositsQ2 2021vs Q2 2020$12.05B$10.81B
Equity CapitalQ2 2021vs Q2 2020$1.83B$1.71B
Loan Loss AllowanceQ2 2021vs Q2 2020$102.4MM$112.2MM
Unbacked Noncurrent LoansQ2 2021vs Q2 2020$47.7MM$48.1MM
Real Estate OwnedQ2 2021vs Q2 2020$0$0
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

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+
0.03%*$50k*$100kComplete Business Money Market Savings
OTHER TIERS: 0.01% Any amount
0.01%--Money Market Savings

Rockland Trust Company Checking Account Rates

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

Rockland Trust Company CD Rates

0.20%$1k$1m7 Month CD
0.05%$1k$1m2 Year CD
0.05%$1k$1m5 Year CD
0.05%$1k$1m6 Month CD
0.05%$1k$1m15 Month CD

Rockland Trust Company IRA Rates

0.20%$1k$1m7 Month IRA
0.05%$1k$1m6 Month IRA
0.05%$1k$1m2 Year IRA
0.05%$1k$1m5 Year IRA
0.05%$1k$1m15 Month IRA


Boston Area

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