Eastern Bank Expands Asset Based Lending Team With Senior HireNovember 6, 2018
Donald Lewis Brings 27 Years Of Experience Within Asset Based Lending
BOSTON, November 6, 2018 – Eastern Bank, America’s oldest and largest mutual bank, is pleased to announce that Donald B. Lewis has joined its Commercial Lending Division as Senior Vice President, Head of Asset Based Lending. Prior to joining Eastern, Don spent 27 years at Citizens Bank, N.A., most recently as Senior Vice President and National Head of Underwriting and Execution where he led and managed a team of nine underwriters who underwrote and executed all asset based loans at Citizens Bank.
“We’re excited to welcome Don to Eastern Bank,” said Jan Miller, Vice Chair and Chief Commercial Banking Officer of Eastern Bank. “His practical knowledge and extensive experience with asset based lending builds upon our already strong commitment to offer customers sound lending solutions that best meet their needs.”
Eastern’s commercial banking team primarily services businesses throughout New England with between $10 million and $500 million in revenue by offering a range of financing and financial services options, including lines of credit, equipment loans, acquisition and business expansion financing, cash management, treasury services and commercial insurance. Eastern offers asset based loan facilities to a range of customers, including companies with high seasonal borrowing needs, thin margins, or asset intensive businesses that find asset based lending a preferable solution to typical commercial lending.
Don has spent his entire professional career in the asset based lending industry, starting as a Field Examiner with subsequent roles in underwriting, portfolio and relationship management. Before his national oversight of the entire asset based loan portfolio at Citizens Bank, N.A., Don held regional management positions including Northeast Regional Portfolio Manager and Portfolio Team Leader. He is a member of the Commercial Finance Association and sits on the Regulatory Advocacy Committee. Don earned his MBA degree from Bentley University and BS degree in Business Administration from the University of New Hampshire.
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 www.easternbank.com and follow Eastern on Facebook, LinkedIn, Twitter and Instagram.