Read as much as you want on BostonGlobe.com, anywhere and anytime, for just 99¢.

Rockland Trust strikes $54m deal for bank

Will expand footprint north, west of Boston

Rockland Trust, the largest community bank based south of Boston, is accelerating its expansion north and west of Boston.

The parent of Rockland Trust Co., Independent Bank Corp. of Rockland, announced Tuesday that it would buy the parent of Central Bank in Somerville, Central Bancorp, for $54.8 million, more than tripling its presence in Middlesex County.

Your comment is subject to the rules of our Posting Policy

This comment may appear on your public profile. Public Profile FAQ

You have reached the limit of 10 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week