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Erica Papagno named manager of Eastern Bank’s Hyannis branch
Papagno to lead Eastern Bank’s seventh Cape Cod location, slated to open this summer
BARNSTABLE, Mass., July 14, 2009 – Eastern Bank today announced Erica Papagno as manager of the Hyannis branch, which is expected to open later this summer.

Papagno joins Eastern Bank from Citizens Bank, where she held several key banking management positions on Cape Cod. Papagno, who brings 18 years of banking experience, was named a vice president and branch manager at Eastern Bank.

In Hyannis, Papagno will supervise a staff of about 12 employees, who specialize in a wide range of banking services for consumer, nonprofit and commercial customers.

Papagno earned a master’s degree in Business Administration from Suffolk University and a bachelor’s degree from the University of Massachusetts Amherst. She is a past winner of the American Business Women’s Association’s “Women of the Year” award and a recipient of the Business Professional Women’s “Young Careerist Award.”

Papagno, who has deep roots in the Cape Cod community, is a member of the Women’s Round Table and the Hyannis Chamber of Commerce. She has lived in Barnstable for 20 years.

Last month, Eastern Bank announced plans to open a Hyannis office, its seventh location on Cape Cod and second in Barnstable. It will offer personal and business banking, mortgage, investment and insurance services all under one roof.

Conveniently located at 375 Iyannough Road (Rte. 28) in Hyannis, the office is situated in the largest hub of business on Cape Cod. Hyannis, referred to as the “Capital of the Cape,” is one of seven villages in Barnstable, the Cape’s largest town with a population of more than 47,000.

The new location is Eastern Bank’s 83rd branch. Eastern Bank’s other Cape Cod locations are in Cotuit (Marston Mills), East Falmouth (Teaticket), Falmouth, Mashpee, Sandwich and South Yarmouth.

About Eastern Bank
Founded in 1818 and based in Boston, Eastern Bank is the largest independent and mutually owned bank in New England, with almost $7.0 billion in assets and more than 80 branches serving communities from the Merrimack Valley to Cape Cod.  Eastern Bank offers banking, investments and insurance all under one roof, and prides itself on working harder to understand its customers’ needs so it can deliver these services in a committed and personal way.  Eastern Bank’s subsidiaries include Eastern Wealth Management, Eastern Insurance and Fantini & Gorga, a real estate advisory firm.

For more information, contact: Andrew Ravens, Public Relations, Eastern Bank, 781-598-8528, or e-mail Andrew Ravens.