Eastern Bank


Overview / Commentary
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 92nd largest bank in the nation. It was established in 1989 and as of June of 2024, it had grown to 1,689 employees at 99 locations. Eastern Bank's money market rates are 8X the national average, and it has an A health rating.

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Health

Health Grade Components

Overall
FDIC Certificate #32773
Year Established1989
Employees1689
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.64%
Return on Equity - YTD4.8%
Annual Interest Income$410.5MM
Assets and Liabilities
AssetsQ2 2024vs Q2 2023$21.03B$21.56B
LoansQ2 2024vs Q2 2023$13.96B$13.8B
DepositsQ2 2024vs Q2 2023$17.68B$18.3B
Equity CapitalQ2 2024vs Q2 2023$2.82B$2.41B
Loan Loss AllowanceQ2 2024vs Q2 2023$156.1MM$148MM
Unbacked Noncurrent LoansQ2 2024vs Q2 2023$38.2MM$29MM
Real Estate OwnedQ2 2024vs Q2 2023$0$0
Rates
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Always verify rates and promotions with the bank or credit union. We are not Eastern Bank; we are a rate comparison website and cannot provide official rates or promotions.

* 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%$10-Statement Savings
0.01%$0-Business Savings Account

Eastern Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
3.35%*$250k*-Featured Premier Money Market Special
OTHER TIERS: 0.10% $10 - $10k | 0.35% $10k - $100k | 2.32% $100k - $250k
2.68%*$250k*-Business Featured Select Money Market
OTHER TIERS: 0.10% $10 - $10k | 0.35% $10k - $100k | 2.17% $100k - $250k
0.35%*$10k*-Premier Money Market
OTHER TIERS: 0.10% $10 - $10k
0.35%*$10k*-Prime Liquid Assets
OTHER TIERS: 0.10% $10 - $10k
0.35%*$10k*-Business Select Money Market
OTHER TIERS: 0.10% $10 - $10k
0.35%*$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
4.50%$2.5k$100kBusiness 7 Month Featured CD Special
4.50%$2.5k$100k7 Month Featured CD Special
4.01%$2.5k$100k11 Month Featured CD Special
4.01%$2.5k$100kBusiness 11 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
4.50%$2.5k$100k7 Month Featured IRA Special
4.01%$2.5k$100k11 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



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