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The Boston Globe names Eastern Bank to Globe’s Top Places to Work 2013

BOSTON, Nov. 18, 2013 – Eastern Bank Corporation has been named one of the Top Places to Work in Massachusetts for a sixth consecutive year in the annual employee-based survey project from The Boston Globe. Eastern Bank was ranked No. 12 in the “largest employers” category.

“We are very proud to be recognized for the sixth 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 great compliment to our team of banking, investment and insurance professionals.”

“Over 90% of our employees participated in the survey, which is what make this recognition so gratifying. These survey results are a strong reflection of what it is like to work here because the ratings are all from our employees,” said Nancy Stager, Executive Vice President, Human Resources & Charitable Giving, Eastern Bank. “This recognition validates and supports our bank-wide efforts to continue to build Eastern to be the best organization for our colleagues. We use our survey results to help move the bank forward.”

The Boston Globe’s 2013 Top Places to Work survey, conducted by employee survey firm WorkplaceDynamics, measured more than 76,000 individuals’ responses to statements regarding six key factors related to employee happiness, including company direction, execution, employee connection, work load and responsibility, management, and pay and benefits. Least important were pay, benefits and work-life balance, with survey subjects placing much higher importance on employee appreciation, confidence and feeling that their work is meaningful. WorkplaceDynamics also found that of all the cities surveyed, employees in Boston were most enthusiastic about their companies, making Boston the top of the Top Places to Work.

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, Customer Service, Marketing, Human Resources, Finance, Operations, and Technology.

About Eastern Bank
Founded in 1818 and based in Boston, Eastern Bank is the largest independent and mutually owned bank in New England, with more than $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, www.facebook.com/easternbank and www.twitter.com/easternbank.

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