BOSTON, MA, May 14, 2024 – Eastern Bank is pleased to announce it has provided the financing to facilitate Capstan Atlantic’s conversion to an employee-owned company. Founded in 1956 and located in Wrentham, MA, Capstan Atlantic is an industry leading powder metal manufacturer producing complex gears, sprockets and structural components for the automotive industry and a wide...
Initial cohort of 11 people of color, women, and LGBTQ-owned businesses to receive support for public relations and business contracting opportunities to spark accelerated, equitable growth BOSTON, MA – The recently formed Business Growth Task Force today launched a regional first-of-its-kind ‘Business Growth Visibility Campaign’ to help level the playing field for entrepreneurs from traditionally underserved communities. The...
BOSTON, MA – Recently, Eastern Bank Foundation (EBF), the philanthropic arm of Eastern Bank, brought together their 2024 Community Advocacy Award (CAA) honorees for a solutions-driven conversation and award ceremony. This year’s 14 awardees are leaders in Early Childhood Development (ECD) and serve children and families across our region – from New Hampshire, the...
Provides Capital To Support Future Business Growth BOSTON, MA, March 6, 2024 – Eastern Bank is pleased to announce global ground transportation company DPV Transportation, Inc. (DPV) as a new commercial banking customer. Headquartered in Everett, MA, DPV is the largest certified minority-owned ground transportation business in New England operating a fleet of...
Longtime champion in subsidized housing, multi-income neighborhood development, community engagement and resident wrap-around services to promote safe and affordable housing in underserved communities BOSTON, MA February 29, 2024 – Eastern Bank Foundation (EBF), the philanthropic arm of Eastern Bank, is pleased to announce Ann...
BOSTON, MA, December 12, 2023 – Eastern Bank has been named by the U.S. Small Business Administration (SBA) as the top lender to small businesses for SBA 7(a) loans in Massachusetts for the 15th consecutive year. “Eastern is honored to be recognized once again by the Small Business Administration as a top lender to the small business community,” said Quincy Miller, Vice Chair and President...
Eastern Is Recognized As A Leader In LGBTQ+ Workplace Inclusion And Equality BOSTON, MA, December 5, 2023 – Eastern Bank is pleased to announce that for the tenth consecutive year, it received a score of 100 on the Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index (CEI), the nation’s foremost benchmarking survey and report measuring corporate policies and practices related to...
Provides A Comprehensive Banking Solution To Support Oldest Family-Owned Business In The U.S. And Leading Musical Instrument Manufacturer BOSTON, MA, November 15, 2023 – Eastern Bank is pleased to announce Avedis Zildjian Co. (Zildjian), the oldest family-owned business in the United States and the world’s largest maker of cymbals, drumsticks and percussion...
BOSTON, MA, November 9, 2023 – Eastern Bank is pleased to announce the promotions of two existing Management Committee Members following the October 2023 retirement of Daniel Sullivan, who served at Eastern for 27 years including most recently as Chief Credit Officer: Matthew A. Osborne has been promoted to Executive Vice President and Chief Credit Officer, and Gregory P. Buscone has been...
