Eastern Bank
Provides personal banking, commercial lending, and wealth management services.
Company facts
- Founded
- 1818
- Employees
- 1,900
- Headquarters
- United States
- CEO
- Denis K. Sheahan
- Type
- Public
- Listed
- NASDAQ: EBC
- Subsidiaries
- Cambridge Trust
About
At Eastern Bank, our roots run deep, stretching back to our founding in 1818 with a clear and enduring mission: to provide banking services to 'prudent and industrious people of modest means.' For over two centuries, this principle has been our north star, guiding us as we've grown from a modest savings bank into Greater Boston's leading local bank. Our culture is one of unwavering commitment to the individuals, families, businesses, and non-profit organizations that form the vibrant tapestry of our communities. We believe that true prosperity is a shared endeavor. This belief is woven into the fabric of our operations, from our inclusive hiring practices—boasting a team that speaks over 50 languages—to our significant philanthropic efforts. Since 1994, we have consistently donated a significant portion of our net income to charitable causes, totaling over $240 million, supporting more than 1,500 non-profit organizations annually. This isn't just corporate responsibility; it's who we are. Our team is the heart of our success. We foster a culture of collaboration, innovation, and relationship-building, where every colleague is valued for their unique perspective and background. We are a passionate, committed, and innovative team, united by the common goal of doing good things to help people prosper. This collaborative spirit extends to our customers, as we work diligently to understand their needs and deliver financial solutions with a personal touch. Whether it's providing a family with their first mortgage, helping a small business expand, or offering wealth management advice, we are dedicated to being a trusted partner on their financial journey. Our 'Join Us For Good' motto is more than a tagline; it's a call to action for our employees and our communities to work together to create a better, fairer, and more sustainable world. We embrace our history, our culture, and our creative spirit to build lasting relationships and make a meaningful difference, one connection at a time.