Independent Bank Corp.

04/28/2025 | Press release | Distributed by Public on 04/28/2025 05:12

Thomas Stapleton Appointed Senior Vice President, Director of Foreign Exchange & International Services at Rockland Trust (Opens in a new Window)

Brockton, MA - April 28, 2025
- Rockland Trust announces the appointment of Thomas Stapleton as Senior Vice President and Director of Foreign Exchange & International Services. Stapleton will manage the Bank's activities related to international currency transactions including managing foreign exchange risk, executing trades, cross border risk mitigation and advising clients on global business matters.

"Tom brings deep expertise in global markets, foreign exchange, and international trade finance, with a proven ability to guide clients through a wide range of economic climates," said Tracey Scalata, Senior Vice President and Director of Treasury Management Services at Rockland Trust. "We are excited to welcome him to Rockland Trust, where his leadership in cross-border transactions, risk management, and capital markets will be a tremendous asset to our team and customers."

Before joining Rockland Trust, Stapleton spent 15 years with People's United Bank and following its acquisition with M&T Bank. During his tenure, he was responsible for sales and product development related to supply chain finance, trade finance, and foreign exchange products. He previously held senior roles at several prominent financial institutions including Bank of Boston, Fleet Bank, and Bank of America Merrill Lynch. While at Bank of Boston, Stapleton was assigned to the branch in Argentina for three years, during which he traveled extensively to Brazil, Uruguay, and Chile to serve clients engaged in trade within those countries.

Stapleton earned a Bachelor of Science in Finance from Saint Francis College in Brooklyn, NY. He is fluent in Spanish and is a licensed United States Customs Broker. Additionally, he serves on the International Business Council of the Associated Industries of Massachusetts.

About INDB and Rockland Trust

Independent Bank Corp. (NASDAQ Global Select Market: INDB) is the holding company for Rockland Trust Company, a full-service commercial bank headquartered in Massachusetts. With retail branches in Eastern Massachusetts and Worcester County and commercial banking and investment management offices in Massachusetts and Rhode Island, Rockland Trust offers a wide range of banking, investment, and insurance services to individuals, families, and businesses. Rockland Trust was named to The Boston Globe's "Top Places to Work" list in 2024, an honor earned for the 16th consecutive year. Additionally, the Bank is deeply committed to the communities it serves as reflected in the overall "Outstanding" rating in its most recent Community Reinvestment Act performance evaluation. Rockland Trust is an FDIC member and an Equal Housing Lender.