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Eastern Bank Named #1 SBA Lender in Massachusetts for the 15th Year in a Row

December 12, 2023

BOSTON, MA, December 12, 2023 – Eastern Bank has been named by the U.S. Small Business Administration (SBA) as the top lender to small businesses for SBA 7(a) loans in Massachusetts for the 15th consecutive year. “Eastern is honored to be recognized once again by the Small Business Administration as a top lender to the small business community,” said Quincy Miller, Vice Chair and President...

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Eastern Bank Earns Top Score for 10th Consecutive Year in Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index

December 5, 2023

Eastern Is Recognized As A Leader In LGBTQ+ Workplace Inclusion And Equality BOSTON, MA, December 5, 2023 – Eastern Bank is pleased to announce that for the tenth consecutive year, it received a score of 100 on the Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index (CEI), the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to...

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Eastern Bank Welcomes Avedis Zildjian Co. As A Commercial Banking Customer

November 15, 2023

Provides A Comprehensive Banking Solution To Support Oldest Family-Owned Business In The U.S. And Leading Musical Instrument Manufacturer BOSTON, MA, November 15, 2023 – Eastern Bank is pleased to announce Avedis Zildjian Co. (Zildjian), the oldest family-owned business in the United States and the world’s largest maker of cymbals, drumsticks and percussion...

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Eastern Bank Announces Two Promotions Within Its Management Committee As Part Of Planned And Long-Term Succession Planning

November 9, 2023

BOSTON, MA, November 9, 2023  – Eastern Bank is pleased to announce the promotions of two existing Management Committee Members following the October 2023 retirement of Daniel Sullivan, who served at Eastern for 27 years including most recently as Chief Credit Officer: Matthew A. Osborne has been promoted to Executive Vice President and Chief Credit Officer, and Gregory P. Buscone has been...

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Eastern Bankshares, Inc. Appoints Marisa J. Harney And Linda M. Williams To Its Board Of Directors

October 30, 2023

New Directors Bring Extensive Banking, Risk Management and Audit Experience BOSTON, MA, October 30, 2023 – Eastern Bankshares, Inc. (the “Company”) (Nasdaq Global Select Market: EBC), the stock holding company for Eastern Bank, announced today the appointment of Marisa J. Harney and Linda M. Williams to its Board of Directors effective immediately. They have also each been appointed to the Audit and Risk Management...

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Eastern Bankshares, Inc. Recognized With The 2023 NACD Diversity, Equity & Inclusion Awards’ Public Company – Small Cap Category

October 12, 2023

Award Recognizes Exemplary Practices Related to Diversity, Equity & Inclusion BOSTON, MA, October 12, 2023 – Eastern Bankshares, Inc., the stock holding company for Eastern Bank, announced today it has been recognized with the 2023 NACD Diversity, Equity & Inclusion Awards’ Public Company – Small Cap Category. The annual award recognizes boards that have improved their governance and created long-term value for...

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Eastern Bankshares, Inc. Announces Agreement to Sell the Insurance Operations of Eastern Insurance Group, LLC to Arthur J. Gallagher & Co. and Enters Into Definitive Agreement to Merge with Cambridge Bancorp

September 19, 2023

Strategic Repositioning Strengthens Market Position as Greater Boston’s Leading Community Bank BOSTON, MA, September 19, 2023 – Eastern Bankshares, Inc. (“Eastern” or the “Company”) (NASDAQ Global Select Market: EBC), the stock holding company for Eastern Bank, announced that its wholly owned subsidiary Eastern Insurance Group, LLC (“Eastern Insurance”) today entered into a definitive agreement to sell its insurance operations to Arthur J.

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Eastern Bank Provides Financing For LeClair Village Apartments, An Affordable Housing Development On Cape Cod

August 16, 2023

The three-building complex in Mashpee will feature 39 affordable rental units designed to serve low- and moderate-income households BOSTON, MA, August 16, 2023 – Eastern Bank is pleased to announce its financing for the development of the LeClair Village Apartments, in Mashpee, MA. Scheduled to open in 2025, LeClair Village will feature 39 affordable rental units designed to serve...