At their respective special meetings of shareholders, Independent Bank Corp., parent of Rockland Trust Company, and Meridian Bancorp, parent of East Boston Savings Bank, received the necessary shareholder approvals for the consummation of the merger pursuant to which Independent will acquire Meridian.

Completion of the transaction remains subject to regulatory approval and the satisfaction of the other customary closing conditions set forth in the merger agreement. Independent and Meridian currently expect to complete the transaction in Q4/21.