Eastern Bankshares Inc

Eastern Bankshares, Inc. operates as a holding company, which engages in the provision of financial and banking services. The company is headquartered in Boston, Massachusetts and currently employs 2,247 full-time employees. The company went IPO on 2020-10-15. The Bank provides a variety of banking and trust and investment services. Its diversified products and services include lending, deposit, and wealth management. The company offers a range of demand deposit accounts, interest checking accounts, money market accounts, savings accounts and time certificates of deposit accounts. Its lending focuses on the following loan categories: commercial and industrial, including asset-based lending portfolio, commercial real estate, commercial construction, small business banking, residential real estate and home equity loans. The company also provides a range of wealth management and trust services through Cambridge Trust Wealth Management. The company provides private banking solutions for individuals and families. The company also provides customizable banking and lending services for venture capital & private equity, professional services, escrow agents, nonprofits, foundations, and family offices.