Rockland Trust Co. in Massachusetts has hired a team of asset-based lenders away from Webster Bank of Waterbury, Conn.
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The Boston Business Journal reported Monday that former Webster banker Chris O'Connor joined Rockland Trust earlier this month and that he will lead a team of four lenders also recruited from Webster.
Rockland Trust, with $4.8 billion of assets, is the banking subsidiary of Independent Bank Corp. Webster, with $18 billion of assets, operates mainly in Connecticut, but it has been expanding in eastern Massachusetts since acquiring a bank there in 2004.
