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Independent Bank (US:INDB) — Company Overview, News & Financial Data

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Company profile

Independent Bank

Independent Bank (NASDAQ:INDB) operates in the banking sector, focusing on providing a wide range of commercial and retail banking services. These services include deposit accounts, loan products, and internet banking among others, primarily catering to individuals and small to medium-sized businesses. With a strong emphasis on community banking, Independent Bank aims to support local development and economic growth by investing in community projects and offering tailored financial solutions. The objective of Independent Bank is to enhance shareholder value through sustainable growth, operational excellence, and a commitment to superior customer service, while maintaining its core values of integrity and community support.

Snapshot

Public USOwnership
1864Year founded
912Employees
Michigan, United StatesHead office
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Global footprint

Operations

All Locations
United States

Products and/or services of Independent Bank

  • Commercial lending services offering loans tailored to businesses for expansion, operations, or capital improvements.
  • Residential mortgage lending for individuals looking to purchase, refinance, or construct homes.
  • Personal banking solutions including checking accounts, savings accounts, and online banking services.
  • Business banking products such as business checking and savings accounts, merchant services, and treasury management.
  • Wealth management and advisory services providing investment strategies, financial planning, and asset management.
  • Consumer lending products like personal loans, auto loans, and home equity lines of credit.

Independent Bank executive team

  • Mr. Jeffrey J. TengelPresident, CEO & Director
  • Mr. Mark J. Ruggiero CPAChief Financial Officer
  • Ms. Patricia M. Natale Esq.Executive VP, General Counsel & Corporate Secretary
  • Mr. Lee C. PowlusExecutive VP, Chief Technology & Operations Officer of Rockland Trust Company
  • Mr. David Byron Smith C.F.A.Executive VP & Chief Investment Officer
  • Ms. Maureen A. GaffneySenior VP, Controller & Principal Accounting Officer
  • Mr. Alastair IronsideExecutive VP & Chief Marketing Officer
  • Ms. Maria S. HarrisExecutive VP & Chief Human Resource Officer of Rockland Trust Company
  • Timothy C. LaneSenior VP & Chief Internal Auditor
  • Ms. Margaret McCarthyExecutive VP & Chief Retail Banking Officer