Eastern Bank Congratulates The 2018 Women of FIRE

July 30, 2018

EVP of Consumer Banking and Management Committee Member Barbara Heinemann, and Eastern Trustee and CEO of Boston Community Capital Elyse D. Cherry Among Those Recognized

BOSTON, July 30, 2018 – Eastern Bank, America’s oldest and largest mutual bank, congratulates the 2018 Women of FIRE, including EVP of Consumer Banking Barbara Heinemann and Trustee Elyse D. Cherry. Women of FIRE is an annual award from Banker & Tradesman recognizing key female players in the local FIRE (Finance, Insurance and Real Estate) sectors.

“Congratulations to each of this year’s 17 honorees,” said Bob Rivers, Chair and CEO of Eastern Bank. “As we celebrate the advancement of women in our philanthropy and advocacy this year, we are honored for both a colleague and friend of our company to be recognized among you.”

Banker & Tradesman shines a light on the female innovators who are making a significant impact on the finance, insurance and real estate (FIRE) industries. There is a growing number of women who are paving the way in what was once a male-dominated sector. As more and more women rise to the top of these industries, their achievements are being illuminated, acknowledging them and inspiring others. Honorees are women employed in Massachusetts by any business or institution facilitating transactions for finance, insurance or real estate at any level.

Barbara Heinemann was named Executive Vice President of Consumer Banking at Eastern Bank in 2017, responsible for the Retail and Mortgage business and Customer Service. Her background in technology, operations and retail provides a broad perspective to leading a holistic service delivery approach that benefits customers, communities and colleagues. She is a member of Eastern’s Management Committee, comprised of the company’s 12 most senior executives of which one third are women. She joined Eastern in 2001 and has overseen various functions, including Technology, Operations, Payments, Corporate Recognition, and Security. Prior roles include as CIO, and Senior Director of Enterprise Risk Management.

Elyse D. Cherry is Chief Executive Officer of Boston Community Capital, a sustainable $1 billion national nonprofit organization fighting for social and economic justice. Under her leadership, Boston Community Capital has leveraged $6 billion of public and private investment in underserved communities nationwide. In 2015, The Financial Times named her one of the Top 100 OUTstanding LGBTQ Executives in the world. In 2014, the White House named her a Solar Champion of Change for her pioneering work to bring the benefits of solar energy to low-income communities. She has served on the boards of directors of more than a dozen privately held companies and is an active civic leader. In 2017, she was elected to Eastern’s Board, which is more than 40 percent comprised of women, people of color, and members of the LGBTQ community.

About Eastern Bank
Founded in 1818 and celebrating its 200th anniversary in 2018, Boston-based Eastern Bank is America’s oldest and largest mutual bank, with $11 billion in assets and over 120 locations serving communities in eastern Massachusetts, southern and coastal New Hampshire and Rhode Island. Eastern provides exceptional access to fairly priced banking, investment and insurance products and services for consumers and businesses of all sizes. Eastern Bank, which includes Eastern Wealth Management and Eastern Insurance, is known for its outspoken advocacy and community support that has exceeded more than $110 million in charitable giving since 1999. An inclusive company, Eastern employs 1,900+ deeply committed professionals who value relationships with their customers, colleagues and communities. Join us for good at and follow Eastern on Facebook, LinkedIn, Twitter and Instagram.


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