Cambridge Bancorp, the parent company of Cambridge Trust Company, and Eastern Bankshares, Inc., the stock holding company for Eastern Bank, announced they have entered into a definitive merger agreement pursuant to which Cambridge will merge with and...
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September 20, 2023, 07:45 AM
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Charles River Associates, a worldwide leader in providing economic, financial, and management consulting services, announced a new and expanded revolving credit facility with a bank syndicate comprised of five lenders. The five-year facility is for...
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August 23, 2022, 07:51 AM
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Eastern Bank announced Asian Atlantic Industries(AAI) as a new asset-based lending customer. Founded in 1998 by CEO Tom Mahoney, AAI is a global supplier of electronic components and semiconductors. Headquartered in Portsmouth, New Hampshire, AAI...
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June 28, 2022, 07:00 AM
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Eastern Bank announced Boston Battery as a new asset-based lending customer. Boston Battery is an independent, locally owned wholesale distributor of Interstate Batteries, North America’s market leading automotive battery brand for over 60 years....
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April 01, 2022, 07:40 AM
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Eastern Bank added Work ‘N Gear as a new asset based lending customer. Founded in 2002 and headquartered in Quincy, MA, Work ‘N Gear is an American retail company that focuses on selling various kinds of work apparel, footwear and healthcare apparel....
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March 14, 2022, 07:45 AM
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Eastern Bank is providing $23 million in financing, which includes a revolving line of credit as well as financing for various real estate to Metropolitan Cabinets & Countertops (Metropolitan), a new commercial banking customer. Founded in 1984...
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September 02, 2021, 07:00 AM
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Eastern Bankshares, the stock holding company for Eastern Bank, and Century Bancorp, the stock holding company for Century Bank and Trust Company, jointly announced they have entered into a definitive all-cash merger agreement with an aggregate...
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April 08, 2021, 07:37 AM
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Eastern Bank announced that Daniel J. Bolger has joined its Commercial Lending Division as Senior Vice President, Asset Based Lending. Dan has spent his entire career in banking focused on Asset Based Lending (ABL) transactions with increasing...
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November 22, 2019, 08:50 AM
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Eastern Bank has completed three construction loans totaling $8 million to Norwood-based developer Arista Development, LLC, for ground-up construction of free standing retail properties in Framingham, Bedford, N.H., and Providence.Founded in 2003 and...
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August 09, 2019, 08:45 AM
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Eastern Bank, America’s oldest and largest mutual bank, announced that Donald B. Lewis has joined its Commercial Lending Division as Senior Vice President, Head of Asset Based Lending. Prior to joining Eastern, Lewis spent 27 years at Citizens Bank...
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November 06, 2018, 08:18 AM
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Eastern Bank, a full-service commercial bank headquartered in Boston, announced the appointment of Gregory P. Buscone as a Senior Vice President and Regional Group Head in Commercial Banking. Buscone will report directly to Jan Miller, Vice Chairman...
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April 24, 2017, 07:33 AM
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