Newsroom

Mr. Francois focuses on commercial lending solutions for middle market companiesBOSTON, MA, June 5, 2025 – Eastern Bank is pleased to welcome Karl-Henry Francois as a Senior Vice President, Commercial Banking Relationship Manager. Mr. Francois brings more than 20 years of banking experience, including 18 years of experience providing a comprehensive range of lending solutions for middle market...

Provides Full-Service Banking Relationship To Support Future Business GrowthBOSTON, MA, June 3, 2025 – Eastern Bank is pleased to announce Tobin Scientific, a leading provider of ambient and cold GMP storage, biorepository services and specialized logistics for the life sciences industry, as a new commercial banking customer. Eastern Bank is providing Tobin Scientific with a full-service banking...

BOSTON, MA, May 21, 2025 – Eastern Bank is pleased to welcome David Ciolfi as a Senior Vice President, Team Lead for Business Development with Cambridge Trust Private Banking, a Division of Eastern Bank. Mr. Ciolfi has over two decades of experience in financial and investment advisory services across private banking and wealth...

Key Highlights:Merger solidifies Eastern’s leading position in Greater Boston while expanding into Rhode IslandFinancially compelling transaction with 16% EPS accretion resulting in top quartile operating profitability1Pro forma balance sheet has robust capital, liquidity and reservesBOSTON, MA & BROCKTON, MA, April 24, 2025 – Eastern Bankshares, Inc. (“Eastern” or “the Company”) (Nasdaq: EBC), the holding company for Eastern Bank, and...

Ms. Conroy Focuses On Regional and Middle Market CompaniesBOSTON, MA, March 26, 2025 – Eastern Bank is pleased to welcome Theresa Conroy as a Senior Vice President, Commercial Banking Relationship Manager. Ms. Conroy brings 20 years of commercial and industrial lending experience to Regional and Middle Market companies.“It is a pleasure to welcome Theresa Conroy to Eastern Bank’s Commercial Banking...

David Farwell and Randi Baskin Blume Bring Decades of Franchise Lending ExperienceBOSTON, MA, March 18, 2025 – Eastern Bank is pleased to expand its Franchise Lending group with the arrivals of Senior Vice President and Head of Specialty Finance David Farwell and Senior Vice President of Franchise Finance Randi Baskin Blume. Both bring extensive expertise in franchise lending and commercial...

BOSTON, MA, January 14, 2025 – Eastern Bank is pleased to welcome Andrew Hersom as Senior Vice President, Head of Investor Relations. Mr. Hersom brings over 19 years of investor relations experience. He joins Eastern Bank from Argo Group International Holdings where he was head of investor relations responsible for interfacing with the investment community. Prior to that, Mr. Hersom was Senior Vice President of Investor Relations...

Eastern Is Recognized As A Leader In LGBTQ+ Workplace Inclusion And Equality BOSTON, MA, January 8, 2025 – Eastern Bank is pleased to announce that for the eleventh consecutive year, it received a score of 100 on the Human Rights Campaign Foundation’s 2025 Corporate Equality Index (CEI), the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality.

Program launches with over $11 million in public and private support from the Commonwealth, the Boston Foundation’s Racial Wealth Gap Partnership, and Eastern Bank and the Eastern Bank Foundation Lynn, Massachusetts – November 25, 2024—The Massachusetts Housing Partnership (MHP) announced today the launch of ONE+, an innovative mortgage program designed to make homeownership more accessible for low- and moderate-income first-time homebuyers...

BOSTON, MA, November 21, 2024 – 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 16th consecutive year.“Eastern is very honored to be recognized once again by the Small Business Administration as a top lender to the small business community, working together to...