EASTERN BANK HISTORY

Below is a list of some important events in the history of Eastern Bank, including mergers and acquisitions.

DATEEVENT

10-19-1989Institution established. Original name: Eastern Bank.

10-19-1989Acquired Eastern Savings Bank (24700) in Lynn, MA.

04-24-1992Acquired Shore Bank and Trust Company (27002) in Lynn, MA.

05-15-1992Acquired Malden Trust Company (8158) in Malden, MA.

10-12-1993Acquired First Colonial Bank for Savings (23142) in Lynn, MA.

11-11-1994Acquired Saugus Bank and Trust Company (9714) in Saugus, MA.

02-28-1998Acquired The Hibernia Savings Bank (22054) in Quincy, MA.

07-01-2001Main Office moved to 195 Market Place, One Eastern Plaza, Lynn, MA 01901.

11-22-2002Acquired Eastern Bank and Trust Company (28) in Salem, MA.

03-31-2003Main Office moved to 265 Franklin Street, Boston, MA 02110.

08-01-2004Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).

08-01-2004Changed Organization Type to Trust Company.

05-28-2005Acquired Plymouth Savings Bank (23463) in Wareham, MA.

05-12-2007Acquired Sharon Co-operative Bank (26446) in Sharon, MA.

10-10-2008Acquired MassBank (22089) in Reading, MA.

03-18-2011Acquired Wainwright Bank & Trust Company (27009) in Boston, MA.

12-01-2012Acquired The Community Bank, A Massachusetts Cooperative Bank (26396) in Brockton, MA.

10-25-2014Acquired Centrix Bank & Trust (35035) in Bedford, NH.

01-01-2017Changed Institution Name to Eastern Bank.

11-12-2021Acquired Century Bank and Trust Company (19943) in Somerville, MA.

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