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Eastern Bank’s Support of the LGBTQ Community Receives National and Local Recognition

May 23, 2019

For the Sixth Consecutive Year, Eastern Bank Earns 100 Percent on Human Rights Campaign Foundation’s Annual Scorecard on LGBTQ Workplace Equality, and Designation as a Best Place to Work for LGBTQ Workplace Equality Eastern is also recognized by the Boston Business Journal with its Corporate Ally Award Eastern Chair and CEO Bob Rivers is recognized by Greater Boston PFLAG with its Inspired Ally Award BOSTON, May 23, 2019 – As...

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Eastern Bank Welcomes Koopman Lumber Company, Inc. As A Commercial Banking Customer

April 5, 2019

Eastern Provides Full Banking Solution Including $20 Million Loan Facility For Working Capital BOSTON, April 5, 2019 – Eastern Bank, America’s oldest and largest mutual bank, is pleased to announce Koopman Lumber Company, Inc. as a new commercial banking customer. Founded in 1939, Koopman Lumber is a third-generation family owned and operated business serving contractors, remodelers, and...

Eastern Bank Join Us For Good

Eastern Bank Announces Executive Leadership Promotions

March 28, 2019

Gregory P. Buscone and Matthew A. Osborne Promoted to Executive Vice President BOSTON, March 28, 2019 – Eastern Bank, America’s oldest and largest mutual bank, today announced that Gregory P. Buscone and Matthew A. Osborne have been promoted to Executive Vice President, Senior Commercial Banking Officer. Both are also members of Eastern’s Commercial Credit Committee. Both will continue report to...

Eastern Bank 2014-2018 Net Income

Eastern Bank Corporation Announces Record 2018 Financial Results

March 18, 2019

Net Income, Total Assets, Loans, Deposits, Insurance, Wealth Management and Capital All Reach New Highs for Second Consecutive Year BOSTON, March 18, 2019 – Eastern Bank, America’s oldest and largest mutual bank, today announced record financial performance in 2018, following record financial performance in 2017. Annual net income in 2018 was $122.7 million, more than 40 percent above last year’s...

Cohort 1 Participating Enterprises With BEI Leadership

The Foundation for Business Equity Recognizes The First Participating Enterprises In Its Business Equity Initiative (BEI) Program

March 8, 2019

Results Demonstrate Growth In Businesses That Have Faced Systemic Challenges To Scale BOSTON – March 8, 2019 – The Foundation for Business Equity (FBE), a Boston-based nonprofit working to close the wealth gap, is pleased to recognize the first 10 local enterprises of color that have completed the Business Equity Initiative (BEI) program. According to the

John Brodrick, Eastern Bank Director of Mortgage Banking and MMBA 2019 Chair

John Brodrick, Eastern Bank Director of Mortgage Banking, Elected 2019 Chair of The Massachusetts Mortgage Bankers Association (MMBA)

February 28, 2019

BOSTON – February 28, 2019 – At the January 24, 2019 Annual Dinner & Installation of Officers for the Massachusetts Mortgage Bankers Association (MMBA), Eastern Bank is pleased to announce that John Brodrick, Eastern Bank Director of Mortgage Banking, was installed as 2019 Chair of the MMBA. An active member of the MMBA for 10 years, John is also a member of its Executive Committee and has 30 years...

Stephen Kelm and Eastern Bank Partner on $20 Million Construction Loan

Real Estate Developer Stephen Kelm and Eastern Bank Partner on $20 Million Construction Loan In Downtown Portsmouth, NH

February 21, 2019

71,000 square-foot mixed use condominium property being developed  PORTSMOUTH, NH, February 21, 2019 – Eastern Bank, America’s oldest and largest mutual bank, is pleased to announce that its Commercial Real Estate team is leading a $20 million construction loan for Portsmouth-based developer Stephen Kelm to build a 71,000 square-foot mixed use condominium property at 46-64 Maplewood Avenue...

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Eastern Bank Honors Sue Chandler, Executive Director of DOVE, Inc., With A Community Advocacy Award

December 28, 2018

Public Health and Human Services Leader Advocates For Domestic Violence Intervention and Prevention BOSTON, December 28, 2018 – Eastern Bank, America’s oldest and largest mutual bank, has honored Sue Chandler, Executive Director of DOVE Inc. (“DOVE”), with a 2018 Community Advocacy Award. DOVE (“Domestic Violence Ended”) serves the greater South Shore community, and remains the only domestic...

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Eastern Bank Honors Gina Scaramella, Executive Director of the Boston Area Rape Crisis Center, With A Community Advocacy Award

December 21, 2018

For Nearly 20 Years, She Has Developed Solutions To End Sexual Violence And Effectively Respond To And Support Survivors BOSTON, December 21, 2018 – Eastern Bank, America’s oldest and largest mutual bank, has honored Gina Scaramella, Executive Director of the Boston Area Rape Crisis Center (BARCC), with a 2018 Community Advocacy Award. BARCC is the only comprehensive rape crisis center in Greater...

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Deb Ansourlian, Executive Director of Girls Inc. of Lynn, Honored With Eastern Bank Community Advocacy Award

December 20, 2018

Dynamic Leader Recognized For Empowering Girls Across The North Shore BOSTON, December 20, 2018 – Eastern Bank, America’s oldest and largest mutual bank, is pleased to announce that Deb Ansourlian, Executive Director of Girls Inc. of Lynn, has been recognized with a Community Advocacy Award. Deb oversees all aspects of programming, finance and fundraising for Girls Inc. of Lynn, which services...