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...

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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...

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Eastern Bank Announces Promotion Of Martha A. Dean To Executive Vice President Of Operations

March 25, 2021

Ms. Dean Has 35+ Years Of Operations Experience With Massachusetts Banking Institutions And Has Held Operations Roles At Eastern Since 2014 BOSTON, MA, March 25, 2021 – Eastern Bank is pleased to announce the promotion of Martha A. Dean to Executive Vice President of Operations. Ms. Dean’s versatile background spans operations, risk management, compliance and technology, among other areas.

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Massachusetts Business Coalition Launches To Improve Outcomes In Early Child Care And Education

February 9, 2021

Recognizing A Strong Early Childhood System Is Fundamental To A More Competitive Workforce, Massachusetts Companies Are Invited To Join The Growing Coalition BOSTON, MA, February 9, 2021 – Today, 70 Massachusetts CEOs and business leaders announced the launch of the Massachusetts Business Coalition for Early Childhood Education, a business coalition focused on early child care and education. Leading the coalition as Co-Chairs are: Jon...

Human Rights Campaign Best Places To Work 2021

Eastern Bank Earns 100 For 8th Consecutive Year in Human Rights Campaign Foundation’s 2021 Corporate Equality Index

February 4, 2021

Eastern Is Also Designated As A Best Place To Work For LGBTQ Equality BOSTON, MA, February 4, 2021 – For the eighth consecutive year, Eastern Bank, including its Eastern Insurance Group subsidiary, is pleased to announce that it received a score of 100 on the Human Rights Campaign Foundation’s 2021 Corporate Equality Index (CEI), the nation’s foremost benchmarking survey and report...

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Annual Community Support From The Eastern Bank Charitable Foundation Exceeds $22 Million, An All-Time High

December 28, 2020

Millions In Additional Giving Announced For COVID-19 Relief BOSTON, MA, December 28, 2020 – Eastern Bank Charitable Foundation (EBCF), the philanthropic arm of Eastern Bank, today announced its annual community support is expected to exceed $22 million, an all-time high, by the end of 2020. This includes an additional $3 million philanthropic investment to help address the impact of COVID-19 in the...

Alarm Detection Systems, Inc.

Eastern Bank Welcomes Alarm Detection Systems, Inc. As A Commercial Customer

December 16, 2020

Security Alarm Lending Group Selected By Family-Owned Business For Full Banking Solution Including $10 Million Loan Facility For Working Capital BOSTON, MA, December 16, 2020 – Eastern Bank is pleased to announce Alarm Detection Systems, Inc. as a new commercial banking customer. Family owned and operated since it was founded in 1968, Illinois-based Alarm Detection Systems (ADS) is one of the...