Eastern Bank Completes Centrix Bank & Trust Buy

Eastern Bank completed its acquisition of Centrix Bank & Trust, creating a $9.5 billion institution.

From the Ground Up — Eastern Bank Calls on Barnhard to Launch ABL Group

Eastern Bank’s recent growth has led to its launch of an asset-based lending unit, headed by Robert Barnhard as team leader. Drawing upon experience gained at RBS Citizens, LaSalle Bank, IBJ Schroder and Gordon Brothers Finance, Barnhard has just the level of expertise the bank needs to become a go-to asset-based lender.

Eastern Bank to Launch ABL Unit

The Boston Business Journal reported that Eastern Bank plans to launch an asset-based lending practice and that it has hired Bob Barnhard, from Commerce Bank, to lead the new team.