Eastern Bank is a bank based in Boston, Massachusetts, established in 1989, with $30.6 billion in total assets across 144 branches. By Trust Grade it ranks 12th of 91 banks we track in Massachusetts. Its capital ratio of 13.3% is stronger than 77% of similarly sized banks, versus a Massachusetts median of 10.2%. It was profitable over the most recent period, with a 0.87% return on assets. No consumer complaints against Eastern Bank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Eastern Bank compares to Massachusetts peers
How we graded Eastern Bank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Strongly capitalized (13.3% capital ratio)
- Profitable (ROA 0.87%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Eastern Bank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (144)
- 102 Fellsway W, Somerville, MA 02145
- 4 Federal St, Danvers, MA 01923
- 34 Chapman St, Quincy, MA 02170
- 123 Haven St, Reading, MA 01867
- 112 Market St, Lynn, MA 01901
- 50 Central St, Lowell, MA 01852
- 35 Memorial Pkwy, Randolph, MA 02368
- 19 Congress St, Salem, MA 01970
- 80 Washington St, Norwell, MA 02061
- 17 Storey Ave, Newburyport, MA 01950
- 415 Main St, Cambridge, MA 02142
- 353 Huron Ave, Cambridge, MA 02138
- 494 Boston Post Rd, Weston, MA 02493
- 1720 Massachusetts Ave, Cambridge, MA 02138
- 75 Main St, Concord, MA 01742
- 65 Beacon St, Boston, MA 02108
- 163 Main St, Stoneham, MA 02180
- 605 Broadway, Saugus, MA 01906
- 37 Central St, Salem, MA 01970
- 428 Rantoul St, Beverly, MA 01915
- 140 Ferry St, Malden, MA 02148
- 2309 Massachusetts Ave, Cambridge, MA 02140
- 134 Cambridge St, Burlington, MA 01803
- 703 Granite St, Braintree, MA 02184
- 1763 Revere Beach Pkwy, Everett, MA 02149
- 51 Commercial St, Braintree, MA 02184
- 1150 Washington St, Weymouth, MA 02189
- 274 Main St, Hingham, MA 02043
- 397 Washington St, Stoughton, MA 02072
- 63 Franklin St, Quincy, MA 02169
- 470 W Broadway, South Boston, MA 02127
- 275 Hanover St, Boston, MA 02113
- 300 Western Ave, Boston, MA 02134
- 45 Salem St, Lynnfield, MA 01940
- 37 Foster St, Peabody, MA 01960
- 6 Shellback Way, Mashpee, MA 02649
- 3003 Cranberry Hwy, East Wareham, MA 02538
- 71 Carver Rd, Plymouth, MA 02360
- 108 Main St, Kingston, MA 02364
- 1560 Old Post Rd, Marstons Mills, MA 02648
Are deposits at Eastern Bank insured?
Yes. Eastern Bank is an FDIC-insured bank (FDIC certificate #32773). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Eastern Bank: frequently asked questions
Is Eastern Bank a good bank?
Eastern Bank earns a Bankzia Trust Grade of A (97/100, "Excellent"), based on a financial-strength score of 97/100 (it has no CFPB complaints on record). Strongly capitalized (13.3% capital ratio); Profitable (ROA 0.87%).
Is Eastern Bank FDIC-insured?
Yes. Eastern Bank is a FDIC-insured bank (FDIC certificate #32773). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Eastern Bank?
Eastern Bank holds $30.6 billion in total assets, ranking 12th of 91 banks we track in Massachusetts. It operates 144 branches.
Does Eastern Bank have CFPB complaints?
No CFPB complaints against Eastern Bank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
