Slade's Ferry Bancorp

Slade's Ferry Bancorp was acquired by Independent Bank Corp. Slade's Ferry Bancorp offers banking products and services. The bank offers demand deposits and interest and non-interest bearing time and savings deposits. The bank's deposits include jumbo deposits and retail time deposits. The bank provides commercial and industrial loans, consumer loans, commercial real estate loans, and other loans and leases. It offers consumer loans, including credit card loans, revolving credit plans, and personal loans. It offers commercial real estate loans for land development and on-site construction of industrial, commercial, residential, or farm buildings in the United States; real estate-backed residential loans; and commercial loans collateralized by real estate properties. The bank offers domestic and foreign commercial and industrial loans. It offers loans for the purpose of financing agricultural production; loans which include planned and unplanned overdrafts, to governments in non-U.S. countries, to their official institutions, and to international and regional institutions. For 2007, the bank has an asset value of 610,169 USD. It has generated a net income of 2,829 USD in December 31, 2007. Slade's Ferry Bancorp was founded in 1959 and is based in Somerset, Massachusetts.