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The Boston Globe names Eastern Bank to Globe’s Top Places to Work 2012

BOSTON, Nov. 2, 2012 – Eastern Bank Corporation has been named one of the Top Places to Work in Massachusetts for a fifth consecutive year in the annual employee-based survey project from The Boston Globe. Eastern Bank was ranked No. 17 in the “largest employers” category.

“We are very proud to be recognized for the fifth consecutive year as one of the best places to work in Massachusetts,” said Richard E. Holbrook, chairman and CEO of Eastern Bank. “This is a significant compliment to our team of banking, investment and insurance professionals.”

Eastern was one of only 23 companies to make the list five years in a row, according to The Boston Globe.

“These survey results are a strong reflection of what it is like to work here,” said Nancy Stager, executive vice president, Human Resources Director, Eastern Bank. “This recognition validates and supports our bank-wide efforts to continue to build Eastern to be the best organization for our colleagues.”

The Boston Globe’s 2012 Top Places to Work survey was conducted by WorkPlace Dynamics of Exton, Pa., specialists in employee engagement and retention. The Globe invited 1,586 employers to participate in the survey; 304 organizations employing a total of 210,000 people completed the process. Completed surveys were received from 81,907 individuals, who rated their employers based on workplace practices in compensation, leadership, appreciation, career opportunities and management.

Eastern Bank, the largest independent, mutually-owned commercial banking franchise in New England, offers its employees a multitude of career growth opportunities, a challenging, yet fun workplace environment and a competitive compensation and benefits package that includes a robust pension and 401(k) savings program, and comprehensive health and welfare benefits.

Nearly 200 years in business, Eastern Bank has earned a reputation in Massachusetts for its commitment to customers and its employees, who work in a variety of departments including Consumer Banking, Commercial Banking, Wealth Management, Insurance, as well as corporate resources such as Credit, Marketing, Human Resources, Finance, Operations, Technology and Customer Service.

About Eastern Bank
Founded in 1818 and based in Boston, Eastern Bank is the largest independent and mutually owned bank in New England, with $8 billion in assets and more than 90 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 and Eastern Insurance. For more information, visit www.easternbank.com or www.facebook.com/easternbank.

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