Leaving the bank Shortly after two decades, Ceo Christopher Oddleifson Looks Back
Rockland Trust President Christopher Oddleifson piloted the bank by way of 11 purchases that turned into the institution to your an effective survivor off bank combination, as opposed to a statistic.
When Christopher Oddleifson grabbed over because the Rockland Believe Co.’s the reason Ceo in 2003, Massachusetts had over two times as of a lot banking institutions based about county than simply it will today.
Because the over 100 mergers for the 20 years shrank the fresh state’s banking industry, Rockland Trust would be an option contour inside financial integration, a technique that Oddleifson told you have conserved the lending company.
When i featured from car windows to come during the 2003, We told you, M&A has to feel opportunistic,’ Oddleifson said. Now that We try new rearview mirror 2 decades later on, I am able to point out that when we failed to build measure with those individuals purchases, i probably would was in fact one of several lender statistics since well.
Just how A few Acquisitions Place Rockland Faith Up for achievement
Financial acquisitions aided Rockland Faith develop from an effective $2.3 mil-house bank whenever Oddleifson arrived in to presenting nearly $20 million from inside the possessions now.
