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Forbes Names Rockland Trust One of the “Best Banks” in America for Third Consecutive Year

  Forbes Names Rockland Trust One of the “Best Banks” in America for Third
  Consecutive Year

Business Wire

ROCKLAND, Mass. -- January 22, 2013

Independent Bank Corp., the parent company of Rockland Trust, has been
recognized as the best community bank headquartered in Massachusetts on
Forbes’ list of America’s Best and Worst Banks 2013. The bank ranked 29^th
nationwide this year in financial health among publically traded banks and
thrifts. For its fourth annual report, Forbes and SNL Financial reported data
on the 100 largest publically traded banks, including information on assets
and profitability. This is the third consecutive year Rockland Trust has made
the list of healthiest banks in the county.

“This acknowledgement, along with being ranked “Highest in Customer
Satisfaction with Retail Banking in the New England Region” in 2012 by J.D.
Power and Associates, demonstrates that the most successful banks are those
that focus on helping customers meet their needs,” said Chris Oddleifson,
President and CEO of Rockland Trust. “We have steadily grown due to our
longstanding commitment to supporting all our customers with exemplary service
and innovative products to help them successfully manage their finances.”

Forbes, an American publishing and media company and the owner of Forbes
Magazine, ranked the 100 largest publically traded banks on eight metrics of
financial health: return on average equity, net interest margin, nonperforming
loans as a percentage of loans, nonperforming assets as a percentage of
assets, reserves as a percentage of nonperforming loans, two capital ratios
(Tier 1 and risk-based) and leverage ratio. All data is based on filings
through the third quarter of 2012.

About Rockland Trust Company

Rockland Trust Company is a full-service commercial bank headquartered in
Massachusetts with $5.7 billion in assets. The sole bank subsidiary of
Independent Bank Corp. (NASDAQ:INDB), Rockland Trust provides a wide range of
consumer, business, investment, and insurance products and services throughout
Eastern Massachusetts and Rhode Island. Ranked “Highest Customer Satisfaction
with Retail Banking in the New England Region” in 2012 by J.D. Power and
Associates, Rockland Trust’s network consists of nearly 80 retail branches,
and 15 commercial lending, investment management, and residential lending
centers in Eastern Massachusetts and Rhode Island. To find out why Rockland
Trust is the bank “Where Each Relationship Matters®”, please visit
www.RocklandTrust.com. Member FDIC. Equal Housing Lender.

Rockland Trust Co. received the highest numerical score among retail banks in
the New England region in the proprietary J.D. Power and Associates 2012
Retail Banking Satisfaction Study^SM. The study was based on 51,498 total
responses measuring 13 providers in the New England region (CT, MA, ME, NH, RI
& VT) and measures opinions of consumers with their primary banking provider.
Proprietary study results are based on experiences and perceptions of
consumers surveyed January-February, 2012. Your experiences may vary. Visit
www.jdpower.com.

Contact:

Rockland Trust Company
Ellen Molle, 781-982-6537 (office)
617-922-5952 (mobile)
Ellen.Molle@RocklandTrust.com
 
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