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

It had 4 branches.

History

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
  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.

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