Rockport National Bank
| Founded | 1851 |
|---|---|
| Defunct | August 30, 2014 |
| Fate | Acquired by Institution for Savings |
| Headquarters | Rockport, Massachusetts |
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
[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]- ^ MacNeill, Arianna (April 16, 2014). "Institution to buy Rockport National Bank". The Salem News.
- ^ "Institution History for ROCKPORT MAIN OFFICE (555005)". Federal Financial Institutions Examination Council.
- ^ Rattigan, David (August 18, 2013). "Rockport National Bank president to retire". The Boston Globe.
- ^ MacNeill, Arianna (April 23, 2014). "Institution for Savings to acquire Rockport bank". The Salem News.