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Eastern Bank Foundation

Eastern Bank Foundation Partners With Community Organizations To Increase Last Mile Vaccination Outreach and Access in Gateway Cities of Massachusetts and New Hampshire

July 28, 2021

Recently announced $2 million in COVID-19 grants support culturally-inclusive outreach and access to vaccines BOSTON, MA, July 28, 2021 – Eastern Bank Foundation, the philanthropic arm of Boston-based Eastern Bank, recently announced an additional $2 million in COVID-19 support to increase last mile vaccination outreach and...

Stanley Tree Service, Inc.

Eastern Bank Welcomes Stanley Tree Service, Inc. As A Commercial Customer

July 21, 2021

Provides Financing For Conversion To An Employee-Owned Company And Ongoing Working Capital Needs BOSTON, MA, July 21, 2021 – Eastern Bank is pleased to announce Stanley Tree Service, Inc. (Stanley Tree) as a new commercial banking customer. Stanley Tree was founded in 1986 as a residential tree trimming and service company. It has grown to serve many commercial accounts and major...

Eastern Bankshares, Inc.

Eastern Bank-Century Bank Merger Notice

July 12, 2021

NOTICE Eastern Bank, Boston, Massachusetts has petitioned the Massachusetts Division of Banks for permission to close a branch office located at the addresses listed below (the “Branch”). Eastern Bank intends to close the Branch on the corresponding date listed below if Eastern Bank receives approval by the appropriate federal and state banking agencies of the proposed merger. Any objections or comments relative to this proposal must be...

Eastern Bankshares, Inc.

Eastern Bank-Century Bank Merger Notice

June 10, 2021

THE COMMONWEALTH OF MASSACHUSETTS Division of Banks      EASTERN BANK, Boston, Massachusetts has petitioned the Commissioner of Banks for approval to merge with CENTURY BANK AND TRUST COMPANY (CENTURY), Medford, Massachusetts in a multi-step transaction. Under the terms of an Agreement and Plan of Merger, CENTURY will merge with and into EASTERN BANK under the charter, bylaws, and name of EASTERN BANK. This multi-step...

Boston Warehouse logo

Eastern Bank Welcomes Boston Warehouse Trading Corp. as a Commercial Customer

June 8, 2021

Provides Full Banking Solution Including $13 Million Revolving Line of Credit BOSTON, MA, June 8, 2021 – Eastern Bank is pleased to announce Boston Warehouse Trading Corp. as a new commercial banking customer. Founded in 1974 as a small warehouse importing colorful textiles and ceramics from Europe, today Boston Warehouse sources products from across the globe and provides creative...

Eastern Bank Foundation

Eastern Bank’s Foundation Announces Expansion Of Its Work

May 17, 2021

  A New Name – the Eastern Bank Foundation – Reflects A Philosophy Of Investing In The Community To Create Systems Change Long-Standing Support Of Grassroots Community Donations Remains A Core Strategy Increased Commitment To Advance Economic Inclusion and Mobility Additional $2 Million For COVID-19 Support Is Announced, Bringing Total COVID-19 Support To $15 Million Since 2020 BOSTON, MA, May 17, 2021 – The Foundation...

Eastern Bankshares, Inc. logo

Eastern Bankshares, Inc. and Century Bancorp, Inc. Enter Into Definitive Agreement To Merge

April 7, 2021

Key Highlights: Merger creates $22 billion combined franchise and solidifies Eastern’s leading position in Boston and Eastern Massachusetts Financially compelling transaction with 55% EPS accretion on a fully synergized basis Eastern announces 33% increase to quarterly dividend BOSTON, MA & MEDFORD, MA, April 7, 2021 – Eastern Bankshares, Inc. (“Eastern”) (Nasdaq Global Select Market: EBC), the stock holding company for...