Newsroom

eig_jufg_tag-hex-reg.png

As Part of Succession Planning, Eastern Insurance Group LLC Announces Promotion of Timothy J. Lodge to President and CEO Effective January 1, 2022

January 20, 2022

Outgoing President and CEO John Koegel Will Continue as a Consultant NATICK, MA, January 20, 2022 – Eastern Insurance Group LLC, a wholly owned subsidiary of Eastern Bank, is pleased to announce the promotion of Timothy J. Lodge to President and CEO of Eastern Insurance as part of its succession planning. John Koegel has retired from his role as...

Eastern Bank Foundation

Eastern Bank Foundation Announces Latest Support For COVID-19 Relief To Help Address Food Insecurity Across Massachusetts and New Hampshire

December 21, 2021

BOSTON, MA, December 21, 2021 – Eastern Bank Foundation, the philanthropic arm of Boston-based Eastern Bank, has announced an additional $280,000 in COVID-19 support to address issues of food insecurity across Massachusetts and New Hampshire. Fifty-six organizations working to break the cycle of hunger – community-by-community –...

Eastern Bank Named #1 SBA Lender in Massachusetts for the 13th Year in a Row

Eastern Bank Named #1 SBA Lender in Massachusetts for the 13th Year in a Row

December 15, 2021

BOSTON, MA, December 15, 2021 – Eastern Bank has been named by the U.S. Small Business Administration (SBA) as the top lender to small businesses for SBA 7(a) and 504 loans in Massachusetts for the 13th consecutive year. “This past year has continued to be an extraordinary time of ensuring small businesses get access to the capital they need to start, stabilize and grow, and we are...

The GEM Group, Inc.

Eastern Bank Welcomes The GEM Group, Inc. As An Asset Based Lending Customer

October 13, 2021

Provides Financing for Working Capital and Real Estate BOSTON, MA, October 13, 2021 – Eastern Bank is pleased to announce The GEM Group, Inc. as a new asset based lending customer. Founded in 1958, The GEM Group, which goes to market under the brand name Gemline, is an award-winning supplier of high-quality branded products to the promotional products industry. Headquartered in Lawrence...

Eastern Bankshares, Inc.

Eastern Bankshares, Inc. And Century Bancorp, Inc. Announce Regulatory Approvals Received To Merge

September 27, 2021

BOSTON, MA, September 27, 2021 – Eastern Bankshares, Inc. (“Eastern”) (Nasdaq Global Select Market: EBC), the stock holding company for Eastern Bank, and Century Bancorp, Inc. (Nasdaq: CNBKA) (“Century”), the stock holding company for Century Bank and Trust Company (“Century Bank”), a full service commercial bank with a full range of business, personal and institutional services, today jointly announced they have received the necessary...

A-Com Integrated Solutions

Eastern Bank Welcomes A-COM Integrated Solutions As A Commercial Customer

September 14, 2021

Provides Comprehensive Treasury Solution Services Including $9 Million Revolving Line of Credit  BOSTON, MA, September 14, 2021 – Eastern Bank is pleased to announce A-COM Integrated Solutions (A-COM) as a new commercial banking customer. Founded in 1973, A-COM is a family-owned security, home and business automation company offering services to benefit increasingly mobile...

Metropolitan Cabinets & Countertops

Eastern Bank Welcomes Metropolitan Cabinets & Countertops as a Commercial Customer

September 1, 2021

Provides Financing for Working Capital and Real Estate BOSTON, MA, September 1, 2021 – Eastern Bank is pleased to announce Metropolitan Cabinets & Countertops (Metropolitan) as a new commercial banking customer. Founded in 1984, Metropolitan is a family run business that provides custom cabinetry and countertops to residential and commercial customers across New England.