Newsroom

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Eastern Bank Expands Franchise Lending Offering

March 18, 2025

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...

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Andrew Hersom Joins Eastern Bank As Senior Vice President, Head Of Investor Relations

January 14, 2025

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...

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Eastern Bank Earns Top Score for 11th Consecutive Year in Human Rights Campaign Foundation’s 2025 Corporate Equality Index

January 8, 2025

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.

Massachusetts Housing Partnership members stand with Governor Maura Healey, Lieutenant Governor Kim Driscoll, and Eastern Bank's Bob Rivers

Eastern Bank and Eastern Bank Foundation Join With Massachusetts Housing Partnership and the Boston Foundation to Launch ONE+ Mortgage Program to Make Homeownership More Accessible for Low- and Moderate-Income First-Time Homebuyers

November 25, 2024

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...

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Eastern Bank Named #1 SBA Lender in Massachusetts for the 16th Year in a Row

November 21, 2024

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...

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Eastern Bank Names Kimberly Dee Executive Vice President, Consumer Banking Director

October 31, 2024

BOSTON, MA, October 31, 2024 – Eastern Bank, Greater Boston’s leading local bank, is pleased to announce that Kimberly Dee, a highly accomplished retail, customer transformation and business banking executive, has been named Executive Vice President, Consumer Banking Director. She will also serve on the Bank’s Management Committee, comprised of Eastern’s most senior executives. Dee most recently...

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Eastern Bank Announces Senior Leadership Appointments

September 4, 2024

BOSTON, MA, September 4, 2024 – Following its recent merger with Cambridge Trust and as part of its enhanced focus on product development, wealth management and private banking, Eastern Bank is pleased to announce that Executive Vice President Sujata Yadav has been named Chief Product Officer, and several former Cambridge Trust leaders have been named to the following roles at Eastern Bank:...

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Eastern Bank Is Recognized By Disability:IN® as a 2024 Best Place to Work for Disability Inclusion

July 31, 2024

BOSTON, MA, July 31, 2024 – Eastern Bank is pleased to announce it has been recognized by Disability:IN as a top-scoring business in the Disability Equality Index® and as a 2024 Best Place to Work for Disability Inclusion. The Disability Equality Index is a joint initiative of Disability:IN and The American Association of People with Disabilities, and is acknowledged today as the most robust...