EASTERN BANK

Eastern Bank, a reputable financial institution, has a rich history dating back to its establishment in 1818. Initially named Salem Savings Bank, it has since evolved to a full-service commercial bank from its modest beginnings as a savings bank, with its headquarters nestled in Boston, Massachusetts​​. The bank is well-regarded for its prudent management, which when coupled with well-timed acquisitions, has significantly contributed to its growth over the years​​. To Read Core Details Of Eastern Bank In short CLick Here.


Eastern Bank is categorized as a Non-member Bank according to the FDIC classification, and it proudly holds the FDIC Certificate Number 32773, a unique identifier that underscores its credibility and adherence to the Federal Deposit Insurance Corporation guidelines​​. Furthermore, this esteemed institution has been assigned the Routing Number 011301798 for all transaction types in Massachusetts, facilitating seamless financial transactions for its patrons​​. Here is the list of Eastern Bank Routing Numbers CLick Here.


With a vast network of branches, Eastern Bank extends its services across multiple states, predominantly in Massachusetts and New Hampshire, but also reaches out to the residents of Rhode Island​. As of the latest count, Eastern Bank operates 120 branches across these states, marking its strong presence and accessibility in the region​​.


Delving into its service offerings, Eastern Bank provides a gamut of financial products and services catering to both individual and business needs. Its diversified portfolio includes banking, investment, and insurance solutions, encapsulated through its Eastern Wealth Management division and Eastern Insurance Group LLC subsidiary, thereby ensuring a holistic financial service experience to its clientele​6​.


The banking policy of Eastern Bank is aligned with fostering strong community ties and ensuring financial stability and growth for its customers. Moreover, the bank's trajectory of well-considered acquisitions and its commitment to delivering a comprehensive range of financial services underscore its overarching policy of customer-centricity and sustainable growth.

EASTERN BANK INFORMATION

Bank Name Eastern Bank
Headquarters 265 Franklin Street, Boston, Massachusetts 02110
Bank Class State Chartered - FED Nonmember Bank
CEO Robert F. Rivers
Bank FDIC Certificate #32773
Swift Code EASRUS3BXXX
Location 120 Branches in 3 states
Routing Number Click Here
Customer Service 1 (800) 327-8376
Credit Card Support 1 (800) 327-8376
Number of Employees 1950
Key People Robert F. Rivers -Chairman and CEO
Website https://www.easternbank.com/

EASTERN BANK ROUTING NUMBERS

Type of wire transfer Eastern Bank routing number
Domestic Wire Transfer 011301798
International Wire Transfer to Eastern Bank account in the USA 011301798

EASTERN BANK SWIFT CODE EASRUS3BXXX DETAILS

A SWIFT code, also known as a BIC (Bank Identifier Code), is a standard format for uniquely identifying banks globally, especially during international transactions. It comprises 8-11 characters. The first 4 characters represent the bank's code, the next 2 denote the country, followed by 2 for the city. The remaining characters (which are optional) specify the bank's branch. This system ensures secure and efficient cross-border transfers. For instance, when sending money overseas, one would need the recipient's bank SWIFT code. It acts as an address that tells where to send the money, ensuring funds reach the correct institution.

EASTERN BANK

EASR Bank code
US Country code
3B Location code
XXX Branch code
  • Country code A-Z

    2 letters representing the country the bank is in.

  • Location code 0-9 A-Z

    2 characters made up of letters or numbers. It says where that bank's head office is.

  • Branch Code 0-9 A-Z

    3 digits specifying a particular branch. 'XXX' represents the bank’s head office.

EASTERN BANK IN STATES

HISTORY OF EASTERN BANK

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

DATE EVENT
10-19-1989 Institution established. Original name: Eastern Bank.
10-19-1989 Acquired Eastern Savings Bank (24700) in Lynn, MA.
04-24-1992 Acquired Shore Bank and Trust Company (27002) in Lynn, MA.
05-15-1992 Acquired Malden Trust Company (8158) in Malden, MA.
10-12-1993 Acquired First Colonial Bank for Savings (23142) in Lynn, MA.
11-11-1994 Acquired Saugus Bank and Trust Company (9714) in Saugus, MA.
02-28-1998 Acquired The Hibernia Savings Bank (22054) in Quincy, MA.
07-01-2001 Main Office moved to 195 Market Place, One Eastern Plaza, Lynn, MA 01901.
11-22-2002 Acquired Eastern Bank and Trust Company (28) in Salem, MA.
03-31-2003 Main Office moved to 265 Franklin Street, Boston, MA 02110.
08-01-2004 Changed Bank Class to State Chartered Bank, not member of the Federal Reserve System (FRS).
08-01-2004 Changed Organization Type to Trust Company.
05-28-2005 Acquired Plymouth Savings Bank (23463) in Wareham, MA.
05-12-2007 Acquired Sharon Co-operative Bank (26446) in Sharon, MA.
10-10-2008 Acquired MassBank (22089) in Reading, MA.
03-18-2011 Acquired Wainwright Bank & Trust Company (27009) in Boston, MA.
12-01-2012 Acquired The Community Bank, A Massachusetts Cooperative Bank (26396) in Brockton, MA.
10-25-2014 Acquired Centrix Bank & Trust (35035) in Bedford, NH.
01-01-2017 Changed Institution Name to Eastern Bank.