Eastern Bank Provides $14 Million Loan To The Arts & Business Council Of Greater Boston For Its Landmark Purchase Of The Western Avenue Studios & Lofts In Lowell, MA

June 15, 2022

The Western Avenue Studios & Lofts, one of the largest live/work artist communities in the country, will be preserved and provide affordable housing Boston, MA, June 15, 2022 – Eastern Bank is pleased to announce a $14 million loan to the Arts & Business Council of Greater Boston for its landmark purchase of the Western Avenue Studios & Lofts (WASL) in Lowell, MA. The WASL complex includes 240,000 square feet of space, 250 work...


Eastern Bank Foundation Honors The Sustainable Business Network Of Massachusetts With Community Advocacy Award

June 9, 2022

The business association works to create a more sustainable and fair world with business as a vehicle for social, environmental and economic change BOSTON, MA, June 9, 2022 – Eastern Bank Foundation is pleased to announce the Sustainable Business Network of Massachusetts (SBN) as a 2022 Community Advocacy Award honoree for its work to cultivate a strong, local business...


Eastern Bank Welcomes New Members To Its Board of Advisors and Board of Ambassadors

May 20, 2022

Members serve as community ambassadors in the communities Eastern serves BOSTON, MA, May 20, 2022 – Eastern Bank is pleased to announce the election of five local community and business leaders to its Board of Advisors and Board of Ambassadors. The newly elected Advisors are: - Carolina Alarco, Founder and Principal, Bio Strategy Advisors LLC, and - Michael A. Curry, Esq., President and CEO,...


Eastern Bank Welcomes Leading Mechanical Industry Supplier Charles D. Sheehy, Inc. As A Commercial Customer

April 14, 2022

Provides Financing For Working Line Of Credit, Term Loan And Commercial Real Estate Mortgage BOSTON, MA, April 14, 2022 – Eastern Bank is pleased to announce Charles D. Sheehy, Inc. (Sheehy) as a new commercial banking customer. Founded in 1951, Sheehy is a fourth-generation, privately-owned supplier of pipes, valves, fittings and mechanical products serving the contracting industry in...


Eastern Bank Welcomes Boston Battery LLC As An Asset Based Lending Customer

March 31, 2022

Provides $8 Million Of Financing For Working Capital, Real Estate And Equipment BOSTON, MA, March 31, 2022 – Eastern Bank is pleased to announce Boston Battery LLC as a new asset based lending customer. Boston Battery is an independent, locally owned wholesale distributor of Interstate Batteries, North America’s market leading automotive battery brand for over 60 years. Boston Battery serves the...


Eastern Bank Announces Appointments To Its Management Committee

March 24, 2022

BOSTON, MA, March 24, 2022 – Eastern Bank is pleased to announce the following appointments to its Management Committee: Gregory P. Buscone, Executive Vice President, Senior Commercial Banking Officer; Martha A. Dean, Executive Vice President and Senior Operations Director; Timothy J. Lodge, President and CEO of Eastern Insurance Group LLC; Matthew A. Osborne, Executive Vice President, Senior...