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Beantown Magazine
Discover Greater Boston and the Businesses That Drive It
Banks · Cambridge

Eastern Bank

About

Eastern Bank serves Cambridge residents and companies around Central Square, Harvard Square and Kendall Square, offering a full range of banking and wealth management solutions to consumers and businesses of all sizes. Founded in 1818 and based in Boston, Eastern describes itself as Greater Boston’s leading local bank, with about 110 locations in eastern Massachusetts, southern and coastal New Hampshire, Rhode Island and Connecticut.

The bank provides its wealth services through its Cambridge Trust Wealth Management and Private Banking divisions, building on its acquisition of Cambridge Trust. Eastern is also the largest bank-owned independent investment advisor in Massachusetts. It takes pride in outspoken advocacy and community support, including more than $240 million in charitable giving since 1994, and it describes its staff as committed professionals who value relationships with customers, colleagues and communities.

What to Know

  • Eastern describes itself as an inclusive company.
  • The bank became a publicly traded company in 2020.
  • It is a member of the Central Square BID, Harvard Square Business Association and Kendall Square Association.

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