May 26, 2013 5:08 AM ET

Commercial Banks

Company Overview of Eastern Bank

Company Overview

Eastern Bank operates as a commercial bank that provides financial products and services to consumers, business executives, investors, government agencies, and not-for-profit organizations. It offers personal banking services, including online and mobile banking, checking accounts, savings and CDs, debit cards, credit cards, mortgages, personal loans, and retirement planning; investment services; and insurance services, including property insurance, auto insurance, boat insurance, umbrella insurance, life and disability insurance, and other insurances. The company also provides business banking services comprising online banking, checking accounts, savings and CDs, debit cards, credit cards,...

Detailed Description

265 Franklin Street

Boston, MA 02110-3113

United States

Founded in 1818

Phone:

617-897-1100

Fax:

617-897-1105

Key Executives for Eastern Bank

Chairman of the Board and Chief Executive Officer
Vice Chairman
Age: 47
Chief Financial Officer
Chief Technology Officer and Senior Vice President of Technology
Senior Vice President and Regional Manager
Compensation as of Fiscal Year 2012.

Eastern Bank Key Developments

Eastern Bank Announces Board Changes

Eastern Bank has named new trustees and corporators. New trustees are: Christopher B. Cooney, president and CEO of the Metro South Chamber of Commerce; Carol Nicholson Fulp, president and CEO of The Partnership Inc.; J. Keith Motley, chancellor of the University of Massachusetts Boston; Clayton H.W. Turnbull, CEO of The Waldwin Group Inc. New corporators are: Betty Francisco, executive vice president, corporate relations and general counsel of Millennium Partners Sports Club Management; Juliette C. Mayers, executive director, multicultural marketing at Blue Cross Blue Shield of Massachusetts; Damian Wilmot, partner, litigation department, Goodwin Procter LLP; Scott E. Squillace, founder of Squillace & Assoc., P.C.; Gregg Croteau, executive director, United Teen Equality Center Inc.

Eastern Bank Appoints Michael A. Tyler as Chief Investment Officer of the Bank's Wealth Management Division

Eastern Bank has appointed Michael A. Tyler as chief investment officer of the bank's wealth management division. He will report directly to William Walsh, senior vice president and director of Eastern Bank Wealth Management. Tyler brings 25 years of experience in the financial services industry to Eastern Bank. Prior to joining Eastern, Tyler founded and managed West Shore Investment Management LLC.

Eastern Bank Appoints James B. Fitzgerald as CFO

Eastern Bank on May 7, 2012 announced that it appointed James B. Fitzgerald as chief financial officer. Fitzgerald, a former CFO at Citizens Bank, will report directly to the company's CEO Richard E. Holbrook. The company's former CFO was Charles M. Johnston.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
July 27, 2012
The Community Bank, A Massachusetts Cooperative Bank
 

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