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Eastern Bank Charitable Foundation Increases Its COVID-19 Response To $8 Million

May 5, 2020

BOSTON, MA, May 5, 2020 – Eastern Bank Charitable Foundation (EBCF), the philanthropic arm of Eastern Bank, today announced an additional $5 million philanthropic investment to help address the impact of COVID-19 in the communities it serves. This is in addition to the $3 million in relief announced by the Foundation in March 2020, bringing the total COVID-19 philanthropic financial support in the...

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Eastern Bank Commits Over $10 Million To Aid Individuals And Families, Small Businesses, And Nonprofit Organizations Impacted By The Coronavirus (COVID-19) Crisis

March 24, 2020

Funding Provides Additional Loans and Grants To Those Affected Locally BOSTON, MA, March 24, 2020 – Eastern Bank, America’s oldest and largest mutual bank, and Eastern Bank Charitable Foundation today announced over $10 million in funding to help offset the impact of the coronavirus in the communities it serves. Eastern Bank Charitable Foundation will target $3 million in financial...

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Eastern Bank Welcomes Rex Lumber Company As A Commercial Banking Customer

February 27, 2020

Provides Full Banking Solution Including $15 Million Loan Facility For Working Capital BOSTON, MA, February 27, 2020 – Eastern Bank, America’s oldest and largest mutual bank, is pleased to announce Rex Lumber Company as a new commercial banking customer. Founded in 1946, Rex Lumber is a third-generation, family-owned and -operated business distributing hardwood lumber with revenue between $50 and...

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Nancy Huntington Stager, Eastern Bank Chief Human Resources Officer and President and CEO of the Eastern Bank Charitable Foundation, Honored With HR Leadership Award

January 29, 2020

She Is Selected By HR Leaders To Receive The Prestigious Human Resource Leadership Forum Bob Gatti HR Leadership Excellence Award Boston, MA, January 29, 2020 – Eastern Bank, America’s oldest and largest mutual bank, is pleased to congratulate Nancy Huntington Stager, Chief Human Resources Officer and President and CEO of the Eastern Bank Charitable Foundation, for being selected by a panel...

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Eastern Bank Welcomes MacFarlane Energy As A Commercial Banking Customer

December 19, 2019

Provides Full Banking Solution For Working Capital And Daily Financing Needs BOSTON, MA, December 19, 2019 – Eastern Bank, America’s oldest and largest mutual bank, is pleased to announce MacFarlane Energy, Inc. as a new commercial banking customer. Founded in 1946, MacFarlane Energy is a third-generation family owned and operated business providing heating oil and fuel, HVAC, air quality, and...

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Eastern Bank Honors Marolí Licardié, M.Ed., Executive Director of Family & Children’s Service, with Community Advocacy Award

December 17, 2019

Her Leadership Has Helped Thousands Of Vulnerable Children and Families Build Stable, Productive, and Healthy Lives BOSTON, MA, December 17, 2019 – Eastern Bank, America’s oldest and largest mutual bank, is pleased to announce it has awarded Marolí Licardié, Executive Director of Family & Children’s Service, with a Community Advocacy Award in recognition of her 20+ years leading community...

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Eastern Bank Leads Additional $4.2 Million Construction Loan For 8 Jackson Road, LLC

December 12, 2019

Second Round of Construction Financing Supports Expansion of Bio-Medical Device Manufacturing and Support Facility in Devens Regional Enterprise Zone BOSTON, MA, December 12, 2019 – Eastern Bank, America’s oldest and largest mutual bank, is pleased to announce a $4.2 million construction loan to 8 Jackson Road, LLC to expand a bio-medical device manufacturing and support facility in the Devens...

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Eastern Bank Honors Jon R. Firger, Executive Director of Family ACCESS of Newton, with Community Advocacy Award

November 25, 2019

His Leadership Advances Early Childhood Services That Prepare Thousands Of Children To Succeed BOSTON, MA, November 25, 2019 – Eastern Bank, America’s oldest and largest mutual bank, is pleased to announce it has awarded Jon R. Firger, MBA, MSW, Executive Director of Family ACCESS of Newton, with a Community Advocacy Award in recognition of his leadership in building a brighter future for...

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Eastern Bank Expands Asset Based Lending Team

November 20, 2019

Daniel Bolger Brings 14 Years Of Experience Within Asset Based Lending BOSTON, MA, November 20, 2019 – Eastern Bank, America’s oldest and largest mutual bank, is pleased to announce that Daniel J. Bolger has joined its Commercial Lending Division as Senior Vice President, Asset Based Lending. Dan has spent his entire career in banking focused on Asset Based Lending (ABL) transactions with...