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Eastern Bank donates $3,500 to Habitat for Humanity of Greater Lowell after break-in

Donation made after $3,500 worth of power tools are stolen from worksite trailer

LOWELL, Nov. 17, 2009 – Eastern Bank donated $3,500 to cover the cost to replace power tools stolen last week from Habitat for Humanity of Greater Lowell’s construction trailer in Bedford, the bank announced today.

Eastern Bank’s decision to cover the cost of the stolen tools (estimated at about $3,500) came after Habitat issued an email asking its supporters to donate tools so that ongoing construction projects could be completed.

“I want to thank Eastern Bank for providing the funds necessary to purchase new tools so that we can continue to build homes for those in need,” said Dana Owens, executive director, Habitat for Humanity of Greater Lowell.
The $3,500 donation was made through the Eastern Bank Charitable Foundation, whose primary mission is to support local organizations that provide basic human services to residents of eastern Massachusetts.

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 includes 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.