Rockland Trust Company

Branches

Your current location is: New York, NY

Rockland Trust Company Locations

Rates - February 20, 2019

Your current location is: New York, NY

CD RATES APY MIN MAX
6 Mo CD
0.25% $1,000 - Compare
24 Mo CD
0.75% $1,000 - Compare
48 Mo CD
1.25% $1,000 - Compare
60 Mo CD
1.65% $1,000 - Compare
SAVINGS RATES APY MIN MAX
MM RATES APY MIN MAX
Money Market
0.01% $1 $9,999 Compare
Money Market
0.25% $10,000 $24,999 Compare
Money Market
0.50% $25,000 $49,999 Compare
PREMM RATES APY MIN MAX
Premium Money Market
0.30% $5,000 $24,999 Compare
Premium Money Market
0.60% $25,000 $49,999 Compare
VARIABLE IRA RATES APY MIN MAX
Var IRA
0.75% $1,000 -
INT CHECKING RATES APY MIN MAX
Int Ckg
0.01% $1 -

Overview 2019

General Bank Information

FDIC Insured Yes
FDIC Certificate # 9712
Date Established 1907
Assets $8.37 billion
Loans $6.47 billion
Deposits $7.04 billion
Capital $1.05 billion

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $0.25 billion
Interest-bearing balances $0.15 billion
Total securities $1.01 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $6.47 billion
Loan loss allowance $0.06 billion
Trading account assets $0.03 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.00 billion
Goodwill and other intangibles $0.24 billion
All other assets $0.28 billion
     Total Assets $7.32 billion

LIABILITIES
Total deposits $7.04 billion
      Interest-bearing deposits $4.62 billion
      Deposits held in domestic offices $7.04 billion
      % insured (estimated) 71.04%
Federal funds purchased and repurchase agreements $0.14 billion
Trading liabilities $0.03 billion
Other borrowed funds $0.05 billion
Subordinated debt $0.00 billion
All other liabilities $0.07 billion
      Total Liabilities $7.32 billion
      Shareholders’ Equity $1.05 billion

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $0.24 billion
Total Interest Expense $0.01 billion
Net interest income $0.22 billion
Provision for loan and lease losses $0.00 billion
Total non interest income $0.06 billion
Total non interest expense $0.16 billion
Pre-tax Net Operating Income $0.12 billion

Rockland Trust Company is an FDIC insured institution headquartered at 288 Union Street, Rockland, MA 2370.
It was founded in 1907 and has approximately $8 billion in assets. Customers can open an account at one of its 96 branches.

Savings Comparison

This analysis is for demonstrative purposes only. Savings rates may go up or down, and CD rates may not be renewable for the length of the term of the analysis.

PRODUCT
BANK
BANK TYPE
STATE
AMOUNT
TERM
APY
VS.NATL'L AV.
MIN
MILES

Tax Rate: 30%

All calculations are for demonstration purposes only.

  • 1
    LOCAL SAVINGS
    Bank
    MASSACHUSETTS
    $50,000
    N.A.
    0.02%
    0.10x (National Avg. - 0.20%)
    $1
    -
    SCENARIO
    Year Rate
    0.02%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 10 7
    2 50,010 10 7
    3 50,020 10 7
    4 50,030 10 7
    5 50,040 10 7
    6 50,050 10 7
    7 50,060 10 7
    8 50,070 10 7
    9 50,080 10 7
    10 50,090 10 7
    11 50,100 10 7
    12 50,110 10 7
    13 50,120 10 7
    14 50,130 10 7
    15 50,140 10 7
    16 50,150 10 7
    17 50,160 10 7
    18 50,170 10 7
    19 50,180 10 7
    20 50,190 10 7
    TOTAL $200 $140
  • 2
    ONLINE SAVINGS
    Online Bank
    -
    $50,000
    N.A.
    2.45%
    12.01x (National Avg. - 0.20%)
    $25,000
    -
    SCENARIO
    Year Rate
    2.45%
    Annual
    Interest
    Annual Interest
    (After Tax)
    1 50,000 1,225 858
    2 51,225 1,255 879
    3 52,480 1,286 900
    4 53,766 1,317 922
    5 55,083 1,350 945
    6 56,433 1,383 968
    7 57,815 1,416 992
    8 59,232 1,451 1,016
    9 60,683 1,487 1,041
    10 62,170 1,523 1,066
    11 63,693 1,560 1,092
    12 65,253 1,599 1,119
    13 66,852 1,638 1,147
    14 68,490 1,678 1,175
    15 70,168 1,719 1,203
    16 71,887 1,761 1,233
    17 73,648 1,804 1,263
    18 75,452 1,849 1,294
    19 77,301 1,894 1,326
    20 79,195 1,940 1,358
    TOTAL $31,135 $21,795