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Boston

Eastern Bank

About

Eastern Bank, founded in 1818 and headquartered in Boston, has grown from a modest savings bank into what it describes as Greater Boston’s leading local bank. It credits prudent management and well-timed acquisitions for that growth, and it now has roughly 110 locations serving communities in eastern Massachusetts, southern and coastal New Hampshire, Rhode Island and Connecticut. This listing covers the bank’s presence in downtown Boston.

Eastern is also the largest bank-owned independent investment advisor in Massachusetts, so its services extend beyond everyday banking into investment advice and wealth management. The bank cites its size, stability, technology and knowledge as the foundation for delivering custom financial solutions in a convenient way. For most of its history it operated as a mutual savings bank, and it became a publicly traded company in 2020.

What to Know

  • Eastern holds roughly $25 billion in total assets.
  • Cambridge Trust became part of Eastern through an acquisition.
  • This location is listed with the Downtown Boston Alliance.

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