EBC News and Press, Eastern Bankshares Inc. From 03/24/22

Eastern Bank is pleased to announce the following appointments to its Management Committee: Gregory P. Buscone, Executive Vice President, Senior Commercial Banking Officer; Martha A. Dean, Executive Vice President and Senior Operations Director; Timothy J. Lodge, President and CEO o...

Public servant and nonprofit leader joins Eastern Bank Foundation from the City of Boston’s Office of Economic Opportunity & Inclusion where she was Director of Small Business Eastern Bank Foundation , the philanthropic arm of Boston-based Eastern Bank , i...

Provides Financing For Conversion To A 100% Employee-Owned Company And Ongoing Working Capital Needs Eastern Bank is pleased to announce Landrys, Inc. (Landry’s Bicycles) as a new commercial banking customer. Founded in 1922, Landry’s Bicycles is rated as o...

Members of the Federal Reserve are widely expected to raise the agency's benchmark overnight lending rate (the federal funds rate) at their upcoming March meeting, leaving behind the ultra-low-rate environment that has persisted since the start of the pandemic in 2020. And the Fed may proce...

Provides $8 Million Of Financing For Working Capital Eastern Bank is pleased to announce Work ‘N Gear as a new asset based lending customer. Founded in 2002 and headquartered in Quincy, MA, Work ‘N Gear is an American retail company that focuses on selling ...

Eastern Insurance, wholly owned subsidiary of Eastern Bank which is the stock holding company of Eastern Bankshares (EBC -1.7%), acquired the operating assets of Michals Insurance Agency,a full-service insurance agency located in Watertown, MA. The transaction is effective Mar. 1, 2022 a...

Eastern Insurance Group LLC , a wholly owned subsidiary of Eastern Bank , announced today that it has acquired the operating assets of Michals Insurance Agency, Inc, a full-service insurance agency located in Watertown, MA. The transaction is effective March 1, 2022 and marks th...

The average loan balance will likely be much higher this year relative to last year because of the acquisition of Century Bancorp and economic recovery in operating markets. EBC will see some benefit from a rising interest-rate environment this year. However, most of the benefits will...

Eastern Is Recognized As A Best Place To Work For LGBTQ+ Equality Eastern Bank is pleased to announce that for the ninth consecutive year, it received a score of 100 on the Human Rights Campaign Foundation’s 2022 Corporate Equality Index (CEI), the nation’s...

Image source: The Motley Fool. Eastern Bankshares, Inc. (NASDAQ: EBC) Q4 2021 Earnings Call Jan 28, 2022 , 9:00 a.m. ET Operator Continue reading For further details see: Eastern Bankshares, Inc. (EBC) Q4 2021 Earnings Call Transcript