BOSTON, MA, December 15, 2021 – Eastern Bank has been named by the U.S. Small Business Administration (SBA) as the top lender to small businesses for SBA 7(a) and 504 loans in Massachusetts for the 13th consecutive year. “This past year has continued to be an extraordinary time of ensuring small businesses get access to the capital they need to start, stabilize and grow, and we are...
Executive Director of La Colaborativa honored for raising awareness about and addressing the gross inequities in our safety net systems BOSTON, MA, November 22, 2021 – Eastern Bank Foundation, the philanthropic arm of Boston-based Eastern Bank, is pleased to announce it has honored Gladys Vega, Executive Director of
Each COVID-19 Warrior is at the forefront of addressing inequities exacerbated by the pandemic BOSTON, MA, November 4, 2021 – Eastern Bank Foundation is pleased to announce its 2021 Community Advocacy Award honorees, recognizing nonprofit organizations addressing inequities exacerbated by the pandemic in the communities Eastern serves, including Cape Cod, Greater...
Provides Financing for Working Capital and Real Estate BOSTON, MA, October 13, 2021 – Eastern Bank is pleased to announce The GEM Group, Inc. as a new asset based lending customer. Founded in 1958, The GEM Group, which goes to market under the brand name Gemline, is an award-winning supplier of high-quality branded products to the promotional products industry. Headquartered in Lawrence...
BOSTON, MA, September 27, 2021 – Eastern Bankshares, Inc. (“Eastern”) (Nasdaq Global Select Market: EBC), the stock holding company for Eastern Bank, and Century Bancorp, Inc. (Nasdaq: CNBKA) (“Century”), the stock holding company for Century Bank and Trust Company (“Century Bank”), a full service commercial bank with a full range of business, personal and institutional services, today jointly announced they have received the necessary...
Provides Comprehensive Treasury Solution Services Including $9 Million Revolving Line of Credit BOSTON, MA, September 14, 2021 – Eastern Bank is pleased to announce A-COM Integrated Solutions (A-COM) as a new commercial banking customer. Founded in 1973, A-COM is a family-owned security, home and business automation company offering services to benefit increasingly mobile...
Provides Financing for Working Capital and Real Estate BOSTON, MA, September 1, 2021 – Eastern Bank is pleased to announce Metropolitan Cabinets & Countertops (Metropolitan) as a new commercial banking customer. Founded in 1984, Metropolitan is a family run business that provides custom cabinetry and countertops to residential and commercial customers across New England.
Eastern Bank is pleased to announce the promotion of Sujata Yadav to Executive Vice President and Chief Marketing Officer reporting to Eastern Vice Chair and President Quincy Miller. Ms. Yadav’s career spans a range of financial services leadership roles in marketing strategy, product management and analytics.
Recently announced $2 million in COVID-19 grants support culturally-inclusive outreach and access to vaccines BOSTON, MA, July 28, 2021 – Eastern Bank Foundation, the philanthropic arm of Boston-based Eastern Bank, recently announced an additional $2 million in COVID-19 support to increase last mile vaccination outreach and...
Provides Financing For Conversion To An Employee-Owned Company And Ongoing Working Capital Needs BOSTON, MA, July 21, 2021 – Eastern Bank is pleased to announce Stanley Tree Service, Inc. (Stanley Tree) as a new commercial banking customer. Stanley Tree was founded in 1986 as a residential tree trimming and service company. It has grown to serve many commercial accounts and major...
