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.

November 15, 2021 Bob Rivers | Century Bancorp | Century Bank | Century Bank and Trust Company | Eastern Bank | Eastern Bankshares Ian Koplin

Eastern Bank Adds A-COM Integrated Solutions as Commercial Customer

Eastern Bank announced A-COM Integrated Solutions (A-COM) as a new commercial banking customer. Founded in 1973, A-COM is a family-owned security, home and business automation company offering services to benefit increasingly mobile lifestyles.

September 16, 2021 A-COM Integrated Solutions | Brendan O’Neill | Eastern Bank | Greg Buscone | Matthew Hunt | Wayne Beck Ian Koplin

Eastern Bank Provides $23MM in Financing to Metropolitan Cabinets & Countertops

Eastern Bank added Metropolitan Cabinets & Countertops as a new commercial banking customer. Eastern Bank is providing $23 million in financing to the company, including a revolving line of credit as well as financing for various real estate.

September 2, 2021 Cate Adams | Eastern Bank | Greg Buscone | Metropolitan Cabinets & Countertops | Stuart Elfland Phil Neuffer

Eastern Bank Provides $13MM Revolving LOC to Boston Warehouse Trading

Eastern Bank added Boston Warehouse Trading as a new commercial banking customer. Eastern Bank is providing full banking solutions to the company, including a $13 million revolving line of credit for working capital and inventory management as well as treasury management services and solutions.

June 9, 2021 Boris Nusinov | Eastern Bank | Frank Coccoluto | Greg Buscone | of Boston Warehouse Trading | Peter Jenkins Ian Koplin

Eastern Bank Merges with Century Bank and Trust in $642MM Transaction

Eastern Bankshares, the stock holding company for Eastern Bank, and Century Bancorp, the stock holding company for Century Bank and Trust Company, entered into a definitive all-cash merger agreement with an aggregate transaction value of $642 million.

April 8, 2021 Barry R. Sloane | Bob Rivers | Century Bancorp | Century Bank and Trust | Eastern Bank | Eastern Bankshares | Goodwin Procter | J.P. Morgan Securities | Linda Sloane Kay | Nutter McClennen & Fish | Piper Sandler Ian Koplin

Eastern Bank Provides $7MM ABL Facility for Curate Partners

Eastern Bank added Curate Partners and its subsidiaries as new asset-based lending customers in the bank’s commercial banking division. Eastern Bank provided Curate with a $7 million asset-based loan for working capital purposes.

December 15, 2020 Curate Partners | Dan Bolger | Daniel Foley | Don Lewis | Eastern Bank | Greg Buscone | Ron Fuccillo Phil Neuffer

ABL Vet Bolger Joins Eastern Bank Commercial Lending Team

Daniel J. Bolger has joined Eastern Bank’s Commercial Lending Division as senior vice president, Asset Based Lending.

November 22, 2019 Daniel J. Bolger | Eastern Bank nadine

Eastern Bank Appoints Longtime Citizens Bank Vet Head of Asset-Based Lending

Eastern Bank announced that Donald B. Lewis has joined its Commercial Lending Division as Senior Vice President, Head of Asset Based Lending.

November 13, 2018 Citizens Bank | Donald B. Lewis | Eastern Bank Chelsea Kirtley

Eastern Bank Promotes Henry, Antonakes to EVP

Eastern Bank promoted General Counsel and Corporate Secretary Kathleen C. Henry and Enterprise Risk Management Director Steven L. Antonakes to executive vice president.

February 28, 2018 Bob River | Eastern Bank | Kathleen C. Henry | Steven L. Antonakes ABF Journal

Eastern Bank Completes Centrix Bank & Trust Buy

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

October 28, 2014 Centrix Bank & Trust | Eastern Bank ABF Journal