Company Information

Get to know Eastern Bank

Founded in 1818 and headquartered in Boston, Eastern Bank is one of America's oldest and largest mutual banks that later converted to a stock company (under the holding company Eastern Bankshares, Inc.). It operates as a full-service commercial bank offering a wide range of products for personal, business, and commercial customers, including checking and savings accounts, loans, mortgages, and credit cards. The company also provides wealth management, trust, and insurance services, and is deeply committed to supporting the local communities it serves through philanthropy and volunteerism.

Industry

Financial BankingPRIMARY
Financial Other Service

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Eastern Bank

United States

Founded in

1818 (208 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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BridgerPay

(180 reviews)

Cyprus

2017

(9 years)

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Company hasn't provided information.

Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.