Eastern Bank announced that Donald B. Lewis has joined its Commercial Lending Division as Senior Vice President, Head of Asset Based Lending. Prior to joining Eastern, Lewis spent 27 years at Citizens Bank, N.A., most recently as Senior Vice President and National Head of Underwriting and Execution where he led and managed a team of nine underwriters who underwrote and executed all asset based loans at Citizens Bank.
“We’re excited to welcome Don to Eastern Bank,” said Jan Miller, Vice Chair and Chief Commercial Banking Officer of Eastern Bank. “His practical knowledge and extensive experience with asset based lending builds upon our already strong commitment to offer customers sound lending solutions that best meet their needs.”
Eastern’s commercial banking team primarily services businesses throughout New England with between $10 million and $500 million in revenue by offering a range of financing and financial services options, including lines of credit, equipment loans, acquisition and business expansion financing, cash management, treasury services and commercial insurance. Eastern offers asset based loan facilities to a range of customers, including companies with high seasonal borrowing needs, thin margins, or asset intensive businesses that find asset based lending a preferable solution to typical commercial lending.
Lewis has spent his entire professional career in the asset based lending industry, starting as a Field Examiner with subsequent roles in underwriting, portfolio and relationship management. Before his national oversight of the entire asset based loan portfolio at Citizens Bank, N.A., Lewis held regional management positions including Northeast Regional Portfolio Manager and Portfolio Team Leader. He is a member of the Commercial Finance Association and sits on the Regulatory Advocacy Committee. He earned his MBA degree from Bentley University and BS degree in Business Administration from the University of New Hampshire.