Tag : Eastern Bank

Eastern Bank Provides Financing To Support Surety Bond Professionals’ Transition To Employee Ownership
Banking Finance News

Eastern Bank Provides Financing To Support Surety Bond Professionals’ Transition To Employee Ownership

Business Wire
by Business Wire0
Eastern Bank announced it has provided financing to support the conversion of Surety Bond Professionals (SBP), a Massachusetts-based, independent surety-only agency, to a 100% employee-owned company. The financing includes a term loan to facilitate the establishment of an Employee Stock Ownership Plan (ESOP), a revolving line of credit to support......
Eastern Bank Announces Leadership Appointment In Commercial Lending
Banking Finance News

Eastern Bank Announces Leadership Appointment In Commercial Lending

Business Wire
by Business Wire0
Yongmei Chen Promoted to Commercial Group Director of Community Development Lending Eastern Bank announced a key leadership update within its Commercial Lending Team. Senior Vice President Yongmei Chen has been promoted to Commercial Group Director of Community Development Lending. She succeeds Pamela Feingold, who served in the role until her......
Jennifer Wambold Promoted To Executive Vice President, Chief People Officer And Appointed To Management Committee At Eastern Bank
Banking Finance News

Jennifer Wambold Promoted To Executive Vice President, Chief People Officer And Appointed To Management Committee At Eastern Bank

Business Wire
by Business Wire0
Eastern Bank announced that Jennifer Wambold, Senior Vice President of Total Rewards and Benefits, has been promoted to Executive Vice President, Chief People Officer and appointed to Eastern’s Management Committee. Ms. Wambold joined Eastern in 2025 to lead compensation, benefits and recognition strategies that support Eastern’s talent objectives. In her......
Judith L. Bomster, J.D., Announced As A Senior Vice President, Senior Trust Officer Of Cambridge Trust Wealth Management, A Division Of Eastern Bank
Banking Finance News

Judith L. Bomster, J.D., Announced As A Senior Vice President, Senior Trust Officer Of Cambridge Trust Wealth Management, A Division Of Eastern Bank

Business Wire
by Business Wire0
Ms. Bomster Brings More Than 25 Years Of Legal Experience In Trust & Estate Administration And Special Needs Planning Eastern Bank is pleased to announce Judith L. Bomster, J.D., as a Senior Vice President, Senior Trust Officer with Cambridge Trust Wealth Management. Ms. Bomster brings more than 25 years of legal experience,......
Jarrad Herzog Joins Eastern Bank As Senior Vice President, Asset-Based Lending Relationship Manager
Banking Lending News

Jarrad Herzog Joins Eastern Bank As Senior Vice President, Asset-Based Lending Relationship Manager

Business Wire
by Business Wire0
Mr. Herzog Brings Experience In A Range of Financing Solutions For Middle-Market Companies Eastern Bank is pleased to welcome Jarrad Herzog as a Senior Vice President, Asset-Based Lending Relationship Manager. Mr. Herzog brings more than a decade of experience financing middle market companies through a variety of lending solutions, including Commercial......
Eastern Bank Provides Financing For LeClair Village Apartments, An Affordable Housing Development On Cape Cod
Finance Investment Services News

Eastern Bank Provides Financing For LeClair Village Apartments, An Affordable Housing Development On Cape Cod

Business Wire
by Business Wire0
The three-building complex in Mashpee will feature 39 affordable rental units designed to serve low- and moderate-income households Eastern Bank is pleased to announce its financing for the development of the LeClair Village Apartments, in Mashpee, MA. Scheduled to open in 2025, LeClair Village will feature 39 affordable rental units designed......
Stratyfy Announces Groundbreaking Partnership with Beneficial State Foundation
Banking Lending News

Stratyfy Announces Groundbreaking Partnership with Beneficial State Foundation

Business Wire
by Business Wire0
Underwriting for Racial Justice Program With 20 Lenders Leverages Stratyfy’s AI Technology to Promote Equitable Lending Practices and Foster Economic Inclusion Stratyfy, a pioneering fintech that delivers accurate, dynamic and equitable credit underwriting decisions with interpretable machine learning solutions, announced it is partnering with Beneficial State Foundation on its Underwriting......
Eastern Bank Launches Equity Alliance for Business, Further Advancing Growth Opportunities
Banking Business News

Eastern Bank Launches Equity Alliance for Business, Further Advancing Growth Opportunities

PR Newswire
by PR Newswire0
Includes specialized and innovative credit solutions, and access to insights, mentoring and networking resources As part of its deep and long-standing commitment to drive greater economic inclusion and mobility, Eastern Bank is announcing the launch of Equity Alliance for Business to further advance the growth of underrepresented business owners and entrepreneurs.......
Eastern Bank Announces Leadership Appointment In Commercial Lending
Banking Finance News

FBE and Eastern Bank Announce the Merger of FBE with Mill Cities Community Investments

Fintech News Desk
by Fintech News Desk0
The Foundation for Business Equity completes planned spin-off from Eastern Bank, and joins forces with Mill Cities Community Investments for its next phase of impact Eastern Bank and the Foundation for Business Equity (FBE), an award-winning Boston-based nonprofit organization working to scale small businesses of color, are pleased to announce the merger of FBE with Mill Cities......
Eastern Bank and Eastern Insurance Group LLC Welcome The Forsyth Institute As A New Customer
Banking InsurTech News

Eastern Bank and Eastern Insurance Group Welcome The Forsyth Institute As A New Customer

Fintech News Desk
by Fintech News Desk0
Eastern’s Commercial Banking Team Provides Financing and Cash Management Solutions To Support Growth Eastern Bank and Eastern Insurance Group LLC, a wholly owned subsidiary of Eastern Bank, are pleased to announce The Forsyth Institute (Forsyth) as a new commercial banking and insurance customer. Founded in 1910 as a pediatric dental hospital serving......
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