The shareholders of Mayflower Bancorp, the holding company for Middleboro-based Mayflower Bank, last week approved the company’s pending merger with Independent Bank Corp.

The merger with Rockland Trust Co.’s parent company is expected to close in this year’s fourth quarter, pending requisite regulatory approvals.

Shareholders at the annual meeting last Friday also re-elected E. Bradford Buttner, Diane A. Maddigan, Edward J. Medeiros and David R. Smith as directors of the company and approved the other matters submitted for consideration at the annual meeting.

Finally, the company’s board of directors declared a quarterly cash dividend of 6 cents per share to be payable on Oct. 18 to shareholders of record as of Oct. 4.

Mayflower Shareholders Approve Merger, Re-Elect Directors

by Banker & Tradesman time to read: <1 min
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