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Eastern Bank


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/2/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/2/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/2/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/2/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Overview / Commentary
www.easternbank.com
617-897-1101
265 Franklin Street
Boston, MA 02110

Eastern Bank is headquartered in BOSTON and is the 2nd largest bank in the state of Massachusetts. It is also the 84th largest bank in the nation. It was established in 1989 and as of March of 2025, it had grown to 1,926 employees at 124 locations. Eastern Bank's money market rates are 10X the national average, and it has a B+ health rating.

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Health
B+

Data as of Q1 2025

Learn why bank health matters
Additional Factors: Institutions with a small asset base, a short operating history, or negative return on equity can represent an instability risk beyond what their financial ratios indicate. Eastern Bank has a negative return on equity.

Health Grade Components

Overall
FDIC Certificate #32773
Year Established1989
Employees1926
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD-3.39%
Return on Equity - YTD-25.12%
Annual Interest Income$266MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$24.99B$21.16B
LoansQ1 2025vs Q1 2024$17.7B$13.91B
DepositsQ1 2025vs Q1 2024$20.97B$17.81B
Equity CapitalQ1 2025vs Q1 2024$3.41B$2.82B
Loan Loss AllowanceQ1 2025vs Q1 2024$224.3MM$149.2MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$97.4MM$55.4MM
Real Estate OwnedQ1 2025vs Q1 2024$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/2/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/2/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/2/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/2/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Eastern Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.01%$0-Statement Savings
0.01%$0-Business Savings Account

Eastern Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.25%*$50k*$10mMoney Market Special - New Money
OTHER TIERS: 0.10% → $10+ | 0.30% → $10k - $50k
2.99%*$250k*-Featured Premier Money Market Special
OTHER TIERS: 0.10% → $10 - $10k | 0.30% → $10k - $100k | 2.02% → $100k - $250k
2.32%*$250k*-Business Featured Select Money Market
OTHER TIERS: 0.10% → $10 - $10k | 0.30% → $10k - $100k | 1.87% → $100k - $250k
0.30%*$10k*-Premier Money Market
OTHER TIERS: 0.10% → $10 - $10k
0.30%*$10k*-Prime Liquid Assets
OTHER TIERS: 0.10% → $10 - $10k
0.30%*$10k*-Business Select Money Market
OTHER TIERS: 0.10% → $10 - $10k
0.30%*$10k*-Business Prime Liquid Assets
OTHER TIERS: 0.10% → $10 - $10k

Eastern Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.50%*$5m*-IOLTA Checking
OTHER TIERS: 0.25% → $10 - $5m
0.01%$0-Premier Checking
0.01%$0-Business Interest Checking

Eastern Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.25%$2.5k-Business 6 Month Featured CD Special
4.25%$2.5k-6 Month Featured CD Special
4.05%$2.5k-10 Month Featured CD Special
4.05%$2.5k-Business 10 Month Featured CD Special
0.20%$500-12-23 Month Premier CD
0.20%$500-24-35 Month Premier CD
0.20%$500-36-47 Month Premier CD
0.20%$500-48-59 Month Premier CD
0.20%$500-60+ Month Premier CD
0.20%$500-Business 12-23 Month Select Account CD
0.20%$500-Business 24-35 Month Select Account CD
0.20%$500-Business 36-47 Month Select Account CD
0.20%$500-Business 48-59 Month Select Account CD
0.20%$500-Business 60+ Month Select Account CD
0.15%$500-24-35 Month Personal CD
0.15%$500-36-47 Month Personal CD
0.15%$500-48-59 Month Personal CD
0.15%$500-60+ Month Personal CD
0.15%$500-Business 24-35 Month CD
0.15%$500-Business 36-47 Month CD
0.15%$500-Business 48-59 Month CD
0.15%$500-Business 60+ Month CD
0.10%$500-12-23 Month Personal CD
0.10%$500-Business 12-23 Month CD
0.05%$2.5k-3-5 Month Personal CD
0.05%$2.5k-6-11 Month Personal CD
0.05%$2.5k-3-5 Month Premier CD
0.05%$2.5k-6-11 Month Premier CD
0.05%$2.5k-Business 3-5 Month Select Account CD
0.05%$2.5k-Business 6-11 Month Select Account CD
0.05%$2.5k-Business 3-5 Month CD
0.05%$2.5k-Business 6-11 Month CD

Eastern Bank IRA Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.25%$2.5k-6 Month Featured IRA Special
4.05%$2.5k-10 Month Featured IRA Special
0.20%$500-12-23 Month Premier IRA
0.20%$500-24-35 Month Premier IRA
0.20%$500-36-47 Month Premier IRA
0.20%$500-48-59 Month Premier IRA
0.20%$500-60+ Month Premier IRA
0.15%$500-24-35 Month Personal IRA
0.15%$500-36-47 Month Personal IRA
0.15%$500-48-59 Month Personal IRA
0.15%$500-60+ Month Personal IRA
0.10%$500-12-23 Month Personal IRA
0.05%$2.5k-6-11 Month Premier IRA
0.05%$10-12 Month Variable IRA
0.05%$2.5k-6-11 Month Personal IRA
Locations

Availability

Boston Area

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