Provides Full Banking Solution Including $7.5 Million Loan Facility For Working Capital BOSTON, MA, December 14, 2020 – Eastern Bank is pleased to announce Curate Partners LLC and its subsidiaries Curate Partners LLC, II and Curate Insights, LLC as new asset based lending customers in its Commercial Banking Division. Founded in 2014, Curate Partners is a specialized recruitment and consulting...
BOSTON, MA, December 3, 2020 – Eastern Bank has been named by the U.S. Small Business Administration (SBA) as one of the top lenders to small businesses for SBA 7(a) and 504 loans. Eastern Bank ranked as the No. 1 U.S. Small Business Administration (SBA) lender in Massachusetts for the 12th consecutive year. Eastern is also the No. 1 SBA lender in New England for the 11th consecutive year.
NATICK, MA, December 1, 2020 – Eastern Insurance Group LLC, a wholly owned subsidiary of Eastern Bank, announced today that it has acquired the assets of the Campbell, Flaherty & Ring Insurance Agency, Inc., a family-owned insurance agency based in Massachusetts. The transaction is effective December 1, 2020 and marks the 32nd acquisition of an...
BOSTON, MA, November 19, 2020 – Eastern Bank is pleased to announce that Greg Buscone, Executive Vice President, Senior Commercial Banking Officer, has joined the Board of Directors of BDC Capital, an economic development company that provides financing and investment capital for growing companies in New England. BDC Capital works in tandem with over...
Provides Full Banking Solution Including A Loan Facility For Working Capital BOSTON, MA, November 18, 2020 – Eastern Bank is pleased to announce Alarm New England as a new commercial banking customer. Founded in 1972, Alarm New England is a family owned and operated provider of innovative security solutions and technology. Eastern is providing banking solutions to meet Alarm New England’s...
BOSTON, MA, November 10, 2020 – Eastern Bank Charitable Foundation is pleased to announce it has honored Robert Lewis, Jr., the Founder and President of The BASE, with the 2020 Social Justice Award. Now in its 32nd year, the award recognizes community leaders who have made an outstanding impact in addressing critical social justice issues. A social justice trailblazer who has overcome harrowing adversity,...
Nancy Huntington Stager Moving Full-Time Into Her Role As President And Chief Executive Officer Of The Eastern Bank Charitable Foundation General Counsel and Corporate Secretary Kathleen C. Henry Adding Responsibility Of Chief Human Resources Officer BOSTON, MA, October 30, 2020 – Eastern Bank, a provider of banking, insurance and investment products and services, announced today that Nancy Huntington Stager will be moving full...
NATICK, MA, October 21, 2020 – Eastern Insurance Group LLC, a wholly owned subsidiary of Eastern Bank, announced today that it acquired the assets of the Auburn Insurance Agency, Inc., a full-service, family-owned insurance agency based in Massachusetts. Founded in 1982 by President Janice Ryan, Auburn Insurance specializes in complex commercial insurance coverage program placement and management. The agency is supported by Austin Ryan, and...
Boston, MA, October 14, 2020 – Eastern Bankshares, Inc. (the “Company”) (Nasdaq Global Select Market: EBC), a Massachusetts corporation and the holding company for Eastern Bank, announced that today it has completed the mutual-to-stock conversion of Eastern Bank Corporation and the offering of common stock of the Company. The results of the stock offering were previously reported in a press release dated October 9, 2020. The Company sold...
BOSTON, MA, October 9, 2020 – Eastern Bankshares, Inc. (the “Company”), a Massachusetts corporation and the proposed holding company for Eastern Bank, announced today that it has received all required regulatory approvals and intends to close the mutual-to-stock conversion of Eastern Bank Corporation and the subscription offering of common stock of the Company on October 14, 2020. The Company also announced that it intends to sell 179,287,828...
