


Eastern Bank to Change Overdraft Fee Policy, Look for Mergers
As more national and local banks continue to reduce or eliminate fees for overdraft and nonsufficient funds, Boston-based Eastern Bank will also make changes to these fees later this year. Jim Fitzgerald, Eastern Bank’s chief financial officer and chief...
Eastern, Century Get Regulatory OK for Merger
Boston-based Eastern Bank and Medford-based Century Bank say they have all the regulatory approvals they need to consummate their merger deal. The banks issued a joint statement yesterday afternoon saying the state Division of Banks, the Federal Deposit Insurance...
Eastern Bank to Search for M&A Opportunities
After finishing up its first quarter as a public bank, Eastern Bank in the year ahead plans to reduce expenses as it looks to make larger bank acquisitions than it had in the past. “Armed with $1.7 billion from our capital raise, we believe that we are positioned...