Independent Bank Corp to merge with Enterprise Bank in a $562m deal.

Independent Bank Corp, a Michigan-based bank that offers loans, mortgages, personal & business banking, agreed to merge with Enterprise Bank, a community bank offering checking accounts, loans, mobile banking, and more to businesses, nonprofits, and individuals, in a $562m deal. “Enterprise Bank is the perfect merger partner for Rockland Trust, consistent with all aspects of our outstanding long-term merger track record. Rockland Trust and Enterprise Bank share a deep commitment to strengthening our local communities by putting people and relationships first. Both institutions believe that banking is about making a meaningful, positive difference in the lives of local families and businesses," Jeffrey Tengel, Independent Bank President and CEO.