Eastern Bank Archives

Eastern Bank Launches Equity Alliance for Business

Eastern Bank launched Equity Alliance for Business to further advance the growth of business owners who are women or people of color and all their intersectionality, including the LGBTQIA+, veterans and disabled communities.

Eastern Bank Provides $3MM in Financing to Done Right Building Services

Eastern Bank welcomed Done Right Building Services (DRB Facility Services) as a new commercial customer. DRB Facility Services provides comprehensive facilities services.

January 19, 2023 Dan Field | DRB Facility Services | Eastern Bank | Greg Buscone | James Murphy Ian Koplin

Five-Lender Syndicate Provides $250MM Credit Facility to Charles River Associates

Charles River Associates (CRA), a provider of economic, financial and management consulting services, entered into a new and expanded revolving credit facility with a bank syndicate comprised of five lenders.

Eastern Bank Names Mills Senior Vice President and Commercial Relationship Manager of ABL

Justin Mills joined Eastern Bank as a senior vice president and commercial relationship manager focused on asset-based lending. Based in Boston, Mills’ experience spans asset-based lending as well as broader commercial lending.

July 28, 2022 Eastern Bank | Gregory Buscone | Justin Mills Ian Koplin

Eastern Bank Provides $7.5MM Working Capital Financing to Asian Atlantic Industries

Eastern Bank provided $7.5 million in working capital financing to Asian Atlantic Industries (AAI) and welcomed it as a new asset-based lending customer. AAI is a global supplier of electronic components and semiconductors.

Eastern Bank Adds Charles D. Sheehy as Commercial Banking Customer

Charles D. Sheehy is a new commercial banking customer of Eastern Bank, which will provide financing for a working line of credit, term loan and commercial real estate mortgage to support the company’s ongoing financial and growth needs.

Eastern Bank Provides $8MM in Financing to Boston Battery

Eastern Bank provided $8 million in financing to Boston Battery for working capital, real estate and equipment.

Eastern Bank Adds Several New Members to Management Committee

Eastern Bank appointed Gregory P. Buscone, Martha A. Dean, Timothy J. Lodge, Matthew A. Osborne and Sujata Yadav to its management committee.

Eastern Bank Provides $8MM in Working Capital Financing to Work ‘N Gear

Eastern Bank provided $8 million in financing for working capital purposes to Work ‘N Gear.

Eastern Bank Completes Acquisition of Century Bank

Eastern Bankshares, the stock holding company for Eastern Bank, completed its acquisition of Century Bancorp, the stock holding company for Century Bank and Trust Company. The transaction is valued at approximately $642 million.

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