Rockport National Bank

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

Rockport National Bank
Founded1851; 173 years ago (1851)
DefunctAugust 30, 2014; 9 years ago (August 30, 2014)
FateAcquired by Institution for Savings
HeadquartersRockport, Massachusetts
The former Rockport National Bank in Rockport, Massachusetts

It had 4 branches.

History edit

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 edit

  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″N 70°37′5.4″W / 42.658278°N 70.618167°W / 42.658278; -70.618167