Eastern Bank

Specialties

Eastern Bank (Member FDIC), with headquarters in Boston, offers complete banking services through more than 100 offices across Massachusetts and New Hampshire. We offer personal and business banking, online and mobile banking, credit and debit card products, mortgages, small business lending and commercial lending.

Our business banking includes checking and cash management, lending and credit, payroll, merchant services, business succession planning and retirement. Our commercial banking includes treasury services, commercial real estate, asset based lending, auto dealer financing, capital markets, and international services.

We have financial expertise in capital markets, international banking and community development lending. We advise businesses both large and small in all areas of finance, including equipment leasing, cash management, international trade and foreign exchange services.

History

Established in 1818.

Boston-​based Eastern Bank is the largest and oldest mutual bank in the United States. We serve consumers and businesses in eastern Massachusetts and southern and coastal New Hampshire.

From the very beginning, Eastern Bank’s mission has been to provide much needed help to our communities. We were founded in Salem, Massachusetts to serve people of «modest means» who did not have access to the banking system.

At that time, our country did not yet have a national banking system and the large banks that did exist generally served the needs of the very wealthy. Eastern Bank — or Salem Savings Bank, as it was then called — was established to give the rest of the city’s residents a safe place to put their money.

Today, we’ve evolved from a modest savings bank to a full-​service commercial bank with the size, stability, technology and knowledge to deliver custom-​tailored financial solutions in a convenient way.