Rockland Trust Expands Waltham Commercial Lending Office; Appoints William H. Heald and Joseph T. Scurio

Waltham (September 17, 2015) – Rockland Trust announced the addition of two new lenders to their Waltham commercial banking team. William H. Heald and Joseph T. Scurio were each appointed as Vice President of Commercial Lending and are based at the Bank’s newly expanded offices on 1290 Main Street in Waltham. The expansion includes new office space that was added to the building’s second floor to accommodate Rockland Trust’s growing services to commercial enterprises and business in Waltham. In addition, the first-floor branch was completely renovated and a new teller line was added for more convenience.

Bill Heald joined Rockland Trust from People’s United Bank where he served as Senior Vice President of Business Banking for four years. Previously, he was Senior Vice President of Business Banking for Citizens Bank for more than ten years. He holds a Master of Education from Lesley University in Cambridge, and a Bachelor of Arts from the University of Massachusetts at Amherst. Heald is also a graduate of the Massachusetts Bankers Association’s School of Leadership and Commercial Lending Program. He lives in Natick with this wife and two daughters.

Joe Scurio most recently served as Vice President and Group Head of East Boston Savings Bank’s Commercial Lending Division. Prior to that he was Assistant Vice President of Commercial Lending at Everett Co-operative Bank and SBA (Small Business Administration) Lender at Danvers Bank. Scurio has a Bachelor of Science in Business Administration from Salem State University, and an Associate of Science in Business Administration from the New England College of Finance. A retired member of the Massachusetts Air National Guard with 20 years of service, he also holds AS (Associate in Applied Science) degrees in Human Resources and in Criminal Justice from the Community College of the Air Force. Scurio is an active member of the community and sits on the Board of the Peabody Tanners Little League Softball and is a former Board member and Treasurer of the Revere Chamber of Commerce. He lives in Peabody with his wife and three children.

Rockland Trust’s Commercial Banking Group has more than 50 commercial lenders and 11 lending centers throughout Massachusetts and Rhode Island. With a lending capacity up to $100 million for each relationship, the Commercial Banking team has broad experience in areas such as asset based lending, commercial real estate, construction and land development, equipment financing, commercial mortgages, and low income housing loans. In addition, the team can meet all the financial needs of its customers with additional services such as business deposit products, merchant and foreign exchange services, and cash management services. To find out more why Rockland Trust is the Bank for Business, please visit https://www.rocklandtrust.com/business.

About Rockland Trust

Independent Bank Corp. has approximately $7.2 billion in assets and is the holding company for Rockland Trust Company, a full-service commercial bank headquartered in Massachusetts. Rockland Trust offers a wide range of banking, investment, and insurance services to businesses and individuals through retail branches, commercial lending offices, investment management offices, and residential lending centers located in Eastern Massachusetts and Rhode Island, as well as through telephone banking, mobile banking, and the Internet. Rockland Trust, which was named to the Sandler O’Neill + Partners 2014 Sm-All Stars list of top performing small-cap banks and thrifts in the country, is an FDIC Member and an Equal Housing Lender. To find out why Rockland Trust is the bank “Where Each Relationship Matters ®”, please visit www.rocklandtrust.com.

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