Featured Savings Rates
Featured Accounts

Eastern Bank

Popular Accounts at this Bank

APYACCOUNT TYPEACCOUNT NAME
0.50%5-year CD60 + Month Personal CD
0.10%1-year CD12 - 23 Month Personal CD
0.02%SavingsStatement Savings

Overview / Commentary
800-327-8376
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 117th largest bank in the nation. It was established in 1989 and as of September of 2017, it had grown to 1,762 employees at 94 locations. Eastern Bank has an A+ health rating.

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Reviews (2)

My favorite bank ever!!

I love Eastern bank. I have been with them for 20 years now. I have had other bank accounts at the same time, but I now have Eastern bank as my only source of banking. I tend to overdraft a lot of checks and they have a great overdraft protection policy. The tellers that I deal with at the Hyannis branch are really friendly and helpful as well. When I call customer service I always get a nice person. Best bank in New England!!

Banking with Eastern

We had an Eastern Bank near our house, so we decided to use them. We met with a bank manager who opened up the savings account for us. The process was quite easy since we brought in all the necessary paperwork and we were done in 30 minutes or so. The only problem that we have experienced is trying to connect Eastern Banks sites to Apps. It would make budgeting so much easier if they were compatible.Other than that, the people are helpful and the accounts are reasonable.



Health
A+

Health Grade Components

Overall
FDIC Certificate #32773
Year Established1989
Employees1762
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.99%
Return on Equity - YTD7.98%
Annual Interest Income$255.7MM
Assets and Liabilities
AssetsQ3 2017vs Q3 2016$10.73B$9.97B
LoansQ3 2017vs Q3 2016$8.08B$7.54B
DepositsQ3 2017vs Q3 2016$8.84B$8.45B
Equity CapitalQ3 2017vs Q3 2016$1.33B$1.25B
Loan Loss AllowanceQ3 2017vs Q3 2016$74.5MM$70.3MM
Unbacked Noncurrent LoansQ3 2017vs Q3 2016$19.3MM$22.9MM
Real Estate OwnedQ3 2017vs Q3 2016$35.00K$464.00K
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
0.02%--Passbook Savings
0.02%--Statement Savings

Eastern Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%*$10k*-Premier Money Market
OTHER TIERS: 0.02% $10 - $10k
0.05%*$10k*-Prime Liquid Assets
OTHER TIERS: 0.02% $10 - $10k

Eastern Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.02%--Premier Checking

Eastern Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.60%$500-60 + Month Premier CD
0.50%$500-60 + Month Personal CD
0.50%$500-48 - 59 Month Premier CD
0.40%$500-48 - 59 Month Personal CD
0.40%$500-36 - 47 Month Premier CD
0.30%$500-36 - 47 Month Personal CD
0.30%$500-24 - 35 Month Premier CD
0.20%$500-24 - 35 Month Personal CD
0.20%$500-12 - 23 Month Premier CD
0.10%$500-12 - 23 Month Personal CD
0.05%$2,500-3 - 5 Month Personal CD
0.05%$2,500-6 - 11 Month Personal CD
0.05%$2,500-3 - 5 Month Premier CD
0.05%$2,500-6 - 11 Month Premier CD
Locations

Availability