Company description

East Boston Savings Bank (EBC) is a publicly traded financial institution that operates as a mutual savings bank. Headquartered in Boston, Massachusetts, EBC was established in 1848 and has been providing banking and financial services to individuals and businesses in the Greater Boston area for over 170 years. The company offers a wide range of products and services, including personal and business checking and savings accounts, mortgages, home equity loans, consumer loans, commercial lending, and wealth management services. EBC has a strong commitment to customer satisfaction, with a focus on personalized service and community involvement. The company has grown significantly over the years, with a current network of 20 full-service branches and over $5 billion in assets. As a mutual savings bank, EBC operates with the goal of benefiting its customers rather than shareholders, allowing the company to reinvest profits back into the community. EBC has a strong financial performance and continues to expand its services and reach, making it a leading financial institution in the Greater Boston area.