# Eastern Bank

> Eastern Bank is a Boston-based regional bank serving households, businesses, nonprofits and public institutions with deposits, lending, treasury services and wealth management. Founded in Salem in 1818, it operates under publicly traded parent Eastern Bankshares and combines regional acquisitions, digital banking and a foundation focused on economic inclusion.

- **Founded:** 1818
- **Headquarters:** Boston, United States
- **Products:** Personal banking, Home and personal lending, Business banking and SBA lending, Commercial banking, Cambridge Trust Wealth Management and Private Banking
- **Notable:** Founded in 1818; mutual-to-stock conversion completed in 2020., Developed lending technology in Eastern Labs that became independent company Numerated in 2017., Completed Cambridge Bancorp acquisition in July 2024 and HarborOne acquisition in November 2025.

## Products & services

- **Personal banking** — Checking, savings, CDs, debit cards, mobile and online banking for households.
- **Home and personal lending** — Mortgages, home-equity borrowing and personal loans, subject to underwriting and product terms.
- **Business banking and SBA lending** — Business deposits, small-business financing, cash management and digital banking.
- **Commercial banking** — Commercial real estate, commercial and industrial, asset-based and franchise financing, plus community development lending.
- **Cambridge Trust Wealth Management and Private Banking** — Investment, trust, financial planning and private banking services; the combined wealth franchise uses the Cambridge Trust brand.
- **ONE+ mortgage partnership** — Public-private program launched in 29 Massachusetts communities with discounted 30-year rates, potential down-payment assistance and no PMI for eligible first-time buyers.

## Achievements

- Founded in 1818; mutual-to-stock conversion completed in 2020.
- Developed lending technology in Eastern Labs that became independent company Numerated in 2017.
- Completed Cambridge Bancorp acquisition in July 2024 and HarborOne acquisition in November 2025.
- Reported more than $240 million in charitable giving since 1994.

## Latest updates

- **2026-10** — Investor news archive lists the October 5 announcement of the third-quarter earnings release date, conference call and webcast.
- **2026-07** — Second-quarter results released July 23; the investor overview reports approximately $31.1 billion in assets at June 30, 2026.
- **2026-06** — Investor news archive lists a June 11 announcement that Eastern Bankshares would join the S&P SmallCap 600 index.
- **2025-11** — HarborOne acquisition became effective November 1; the 2025 annual report values consideration at approximately $550.1 million.

## Links

- Website: https://www.easternbank.com/
- LinkedIn: https://www.linkedin.com/company/eastern-bank/
- Twitter/X: https://x.com/easternbank
- YouTube: https://www.youtube.com/@easternbank
- Instagram: https://www.instagram.com/easternbank/
- Facebook: https://www.facebook.com/easternbank/

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Profile page: https://yespress.io/eastern-bank
Published by YesPress — https://yespress.io
Last updated: 2026-10-22