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Eastern Bank Provides Financing For SPS New England, Inc.’s Conversion To An Employee-Owned Company

June 7, 2023

BOSTON, MA, June 7, 2023 – Eastern Bank is pleased to announce its financing for SPS New England, Inc.’s (SPS New England) conversion to an employee-owned company. Founded in 1984, SPS New England is a bridge, highway, transit and marine contractor providing construction, bridge repair and design-build services to municipal and state clients throughout New England. After...

2023 CAAs

Eastern Bank Foundation Convenes Safe and Affordable Housing Leaders From Across the Region for Recognition and Problem Solving

May 17, 2023

Roundtable discussion with 2023 Community Advocacy Award Honorees spotlights successes and solutions to address persistent housing barriers in Massachusetts and New Hampshire BOSTON, MA, May 17, 2023 – Yesterday Eastern Bank Foundation brought together the 2023 Community Advocacy Award (CAA) Honorees for a solutions-driven roundtable where approaches to the region...

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Eastern Bank Launches Equity Alliance for Business, Further Advancing Growth Opportunities for Underrepresented Business Owners

March 9, 2023

Includes specialized and innovative credit solutions, and access to insights, mentoring and networking resources BOSTON, MA, March 9, 2023 – As part of its deep and long-standing commitment to drive greater economic inclusion and mobility, Eastern Bank is announcing today the launch of Equity Alliance for Business to further advance the growth of underrepresented business owners and...

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Eastern Bank Named #1 SBA Lender in Massachusetts for the 14th Year in a Row

December 13, 2022

BOSTON, MA, December 13, 2022 – 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 14th consecutive year. “Small businesses are the heart and soul of our neighborhoods and essential to a thriving, local economy, and we are so very proud to work alongside the Small Business...

Dakota Jones stands with Rachel Rochat

The Foundation for Business Equity (FBE) and Eastern Bank Announce the Merger of FBE with Mill Cities Community Investments

December 7, 2022

The Foundation for Business Equity completes planned spin-off from Eastern Bank, and joins forces with Mill Cities Community Investments for its next phase of impact BOSTON, MA, December 7, 2022 – Eastern Bank and the Foundation for Business Equity (FBE), an award-winning Boston-based nonprofit organization working to scale small businesses of color, are...

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Navigating Acquisition Financing No Matter the Times

November 15, 2022

Greg Buscone, Executive Vice President and Senior Commercial Banking Officer, and Greg Spurr, Senior Vice President Banking and finance trends are evolving in the security alarm sector. In this cover story for The Monitoring Association's Fall issue of TMA Dispatch, Eastern EVP Greg Buscone and SVP Greg Spurr draw upon their expertise in security alarm lending to share ideas for navigating acquisition financing.