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Home > Company Index > Banking > Banking - Northeast > Eastern Bank Corporation

Eastern Bank Corporation
 PROFILE
Eastern Bank, a mutual bank with operations dating back to 1818, has about 50 banking office and in-store locations in Massachusetts. The bank offers retail and commercial banking products, as well as trust and investment management services. Its lending activities focus on consumer loans, including indirect auto loans. The bank's loan portfolio also include residential mortgage and commercial real estate loans, business loans, equipment lease financing loans, and construction loans. The bank offers CDs and checking, savings, money market, and NOW accounts. Eastern Bank has acquired branches from FleetBoston Financial.

 COMPETITION
BostonFed Bancorp, Inc. (BFD)
FleetBoston Financial Corporation (FBF)
Independent Bank Corp. (INDB)

 FINANCIAL OVERVIEW
Fiscal Year-End: December
2000 Sales (mil.): 260.70
1-Yr. Sales Growth: 19.0%
Employees: 876
Revenue per employee: $297,602.74

 KEY PEOPLE
• Stanley J. Lukowski
    CEO
• Richard E. Holbrook
    CFO

 CONTACT INFO
53 State St.
Boston, MA 02109
US
Phone: 617-263-2483
Fax: -
Online: Web Site

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