Eastern Bank is a commercial bank in the United States that operates mainly in Massachusetts, with its headquarters located in Boston. Established in 1818, Eastern Bank is one of the oldest and largest mutual banks in the country. Throughout its history, Eastern Bank has focused on providing a range of financial products and services to individuals, businesses, and not-for-profit organizations.

Its main offerings include checking and savings accounts, loans and lines of credit, credit cards, mortgages, wealth management, insurance, and payment processing services. Although Eastern Bank primarily operates within Massachusetts, it has expanded its footprint through strategic acquisitions and partnerships. Notably, in 2014, Eastern Bank acquired the small business banking division of Centrix Bank, further enhancing its presence in New Hampshire.

Additionally, it has established several joint ventures and partnerships to bring specialized services to its customers. In terms of market position, Eastern Bank is considered a strong player in the banking industry. While its global sales and operations may be limited compared to larger national banks, it maintains a strong local presence and focus on its customers' needs.

Eastern Bank differentiates itself by its commitment to social responsibility, as exemplified by its unique corporate giving program, which dedicates at least 10% of its net income to charitable organizations. In recent years, Eastern Bank has made significant strides in its digital transformation, investing in technology to enhance customer experience and accessibility. It has introduced various online and mobile banking services, expanding its reach beyond traditional branch locations.

As of the latest available information, Eastern Bank remains a profitable and established institution in Massachusetts. While there may not be any major events or notable changes in its strategy or product lineup, Eastern Bank continues to adapt to market trends and customer demands to maintain its position as a trusted financial institution