Eastern Bankshares: From Local Savings Bank to Renowned Regional Bank
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Eastern Bankshares, founded in 1818, has evolved from a local savings bank to a leading financial institution in the Greater Boston area. With over 110 locations, the bank serves communities in eastern Massachusetts, as well as southern and coastal regions of New Hampshire, Rhode Island, and Connecticut. In July 2024, Eastern Bankshares successfully merged with Cambridge Bancorp, increasing its managed assets to approximately $8.4 billion and solidifying its position as the largest bank-owned investment advisory in Massachusetts. In addition to...
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