Rockport National Bank
{{Short description|Former bank in Rockport, Massachusetts, US}}
{{Infobox company
| name = Rockport National Bank
| fate = Acquired by Institution for Savings
| founded = {{start date and age|1851}}
| defunct = {{end date and age|2014|08|30}}
| location = Rockport, Massachusetts
}}
Image:Rockport National Bank, Rockport MA.jpg}}]]
Rockport National Bank was a bank based in Rockport, Massachusetts. In 2014, it was acquired by Institution for Savings.
It had 4 branches.
History
Rockport National Bank first opened in Rockport, Massachusetts as a state bank in 1851.{{cite news | url=http://www.newburyportnews.com/news/local_news/institution-to-buy-rockport-national-bank/article_101044c7-106e-54ce-9db9-3e5c96dd7954.html | title=Institution to buy Rockport National Bank | first=Arianna | last=MacNeill | work=The Salem News | date=April 16, 2014}}
It received its national charter on March 8, 1865.{{cite web | url=https://www.ffiec.gov/nicpubweb/nicweb/InstitutionHistory.aspx?parID_RSSD=555005&parDT_END=99991231 | title=Institution History for ROCKPORT MAIN OFFICE (555005) | publisher=Federal Financial Institutions Examination Council}}
In September 2013, Peter Anderson, the president and chief executive officer of the company, retired.{{cite news | url=https://www.bostonglobe.com/metro/regionals/north/2013/08/17/rockport-national-bank-president-retire/TXcmJuEsnS6t7h9LFiFyNM/story.html | title=Rockport National Bank president to retire | first=David | last=Rattigan | work=The Boston Globe | date=August 18, 2013}}
In August 2014, the company was acquired by Institution for Savings for $28.3 million in cash.{{cite news | url=http://www.salemnews.com/news/business/institution-for-savings-to-acquire-rockport-bank/article_f43c1524-9800-5062-8bdd-503b2f02c6c2.html | title=Institution for Savings to acquire Rockport bank | first=Arianna | last=MacNeill | work=The Salem News | date=April 23, 2014}}
References
{{Reflist|1}}
{{coord|42|39|29.8|N|70|37|5.4|W|region:US|display=title}}