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...
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...
Nationally recognized social justice champion celebrated for her career-long work to expand inclusion and economic mobility in our Commonwealth; 30th anniversary of Eastern Bank Foundation also celebrated BOSTON, MA, October 2, 2024 – Eastern Bank Foundation, the philanthropic arm of Eastern Bank, hosted more than 700 business,...
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:...
BOSTON, MA, August 28, 2024 – Cambridge Trust Wealth Management, a Division of Eastern Bank, is pleased to announce Ryan Hanna has been promoted to Chief Investment Officer. Mr. Hanna has spent his entire career with Cambridge Trust Wealth Management, bringing more than 25 years of experience in equity markets. He most recently served as Deputy...
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...
Eastern Bank Surpasses $25 Billion In Assets BOSTON, MA, July 15, 2024 – Eastern Bankshares, Inc. (“Eastern”) (NASDAQ Global Select Market: EBC), the stock holding company for Eastern Bank, today announced the closing of its merger with Cambridge Bancorp (NASDAQ: CATC) (“Cambridge”), the parent company of Cambridge Trust Company (the “Merger”). The all-stock transaction was originally announced on September 19, 2023. “We are excited to...
BOSTON, MA, July 1, 2024 – Eastern Bankshares, Inc. (“Eastern”) (NASDAQ Global Select Market: EBC), the stock holding company for Eastern Bank, announced today the appointment of four members of Cambridge Bancorp’s (NASDAQ: CATC) (“Cambridge”) Board of Directors to the Eastern and Eastern Bank Boards of Directors (together, the “Eastern Boards of Directors" or the “Eastern Boards”) effective upon the closing of the companies’ pending Merger...
Mr. Jones Specializes in Non-Profit Finance, Including Tax-Exempt Bond Financing BOSTON, MA, June 27, 2024 – Eastern Bank is pleased to welcome Erik Jones as a Senior Vice President, Community Development Lending Team Leader. Mr. Jones brings deep experience in lending for a broad array of corporate and tax-exempt organizations in the healthcare, education, human services and...
Mr. Alberghini Brings Over 14 Years of Middle Market Lending Experience With A Focus On Family-Owned Businesses BOSTON, MA, June 10, 2024 – Eastern Bank is pleased to welcome Joseph Alberghini as a Senior Vice President, Commercial Banking Team Leader. Mr. Alberghini brings deep experience in lending to the Middle Market with a particular focus on family-owned businesses. “We are...
