Financial Institutions

Behind our Financial Institutions Group is a highly experienced team of professionals committed to serving the needs of correspondent banks, insurance companies and financial service providers throughout New England.

For more information on how we can service your company, please call 781-598-7354.

Correspondent Banking

Eastern Bank offers a comprehensive range of solutions to meet the needs of small and large financial institutions. Our financial strength, industry insights, and commitment to exceptional personal service – the hallmarks of Eastern Bank – have made us a proven leader in correspondent banking.

Eastern Bank continues to invest in the latest technology to keep pace with the ever-changing world of transaction processing. 

  • Image Cash Letter
  • Coin & Currency
  • Fed Funds
  • Capital Markets
  • Loan Participations
  • Eastern Insurance1
  • Eastern Benefits Group2

International Services

  • Foreign check collections
  • International wire transfers
  • Trade Services
  • Foreign Exchange


1. Eastern Insurance Group LLC is a wholly owned subsidiary of Eastern Bank.
2. Eastern Benefits Group is a division of Eastern Insurance Group LLC.

With the wave of bank mergers over the past decade, the number of banks that possess an insurance specialty has dwindled to a mere few.  With our dedication to relationship management and investment in technology, Eastern Bank is committed to being the premier provider of banking services to the insurance and financial services’ industry – both now and in the future.

A full range of services for insurance and financial service companies

All of our services are delivered with the high level of personal service and financial expertise that are Eastern Bank hallmarks. 

Cash Management Services

  • Online Banking
  • Account Reconciliation
  • ACH
  • Image Cash Letter
  • Positive Pay Services
  • Remote Check Deposit
  • Wholesale and Retail Lockbox
  • Wire Transfer Services
  • Zero Balance Account (ZBAs) Sweeps

For more information about these services Learn More

Investment Services

  • Lines of Credit
  • Capital Markets

Securities and Insurance Products

Not insured by FDIC or any federal government agency.
Not deposits of or guaranteed by any bank.
May lose value.