Eastern Bank

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Eastern Bank Locations

Rates - June 6, 2020

Your current location is: Virginia, Ashburn

CD RATES APY MIN MAX
3 Mo CD
0.05% $2,500 - Compare
6 Mo CD
0.05% $2,500 - Compare
12 Mo CD
0.20% $500 - Compare
18 Mo CD
0.20% $500 - Compare
24 Mo CD
0.30% $500 - Compare
30 Mo CD
0.30% $500 - Compare
36 Mo CD
0.40% $500 - Compare
48 Mo CD
0.50% $500 - Compare
60 Mo CD
0.60% $500 - Compare
SAVINGS RATES APY MIN MAX
Savings
0.02% $10 - Compare
MM RATES APY MIN MAX
Money Market
0.02% $2,500 $9,999 Compare
Money Market
0.05% $10,000 $24,999 Compare
Money Market
0.05% $25,000 $49,999 Compare
PREMM RATES APY MIN MAX
Premium Money Market
0.05% $10,000 $24,999 Compare
Premium Money Market
0.05% $25,000 $49,999 Compare
FIXED IRA RATES APY MIN MAX
Fixed IRA
0.10% $500 -
INT CHECKING RATES APY MIN MAX
Int Ckg
0.02% $500 -

Overview 2020

General Bank Information

FDIC Insured Yes
FDIC Certificate # 32773
Date Established 1989
Assets $ 11.63 billion
Loans $ 8.90 billion
Deposits $ 9.57 billion
Capital $ 1,594.03 million

Summary Balance Sheet

ASSETS
Cash & Balances due from depository institutions $ 362.60 million
Interest-bearing balances $ 227.10 million
Total securities $ 1,508.24 million
Federal funds sold and reverse repurchase N.A.
Net loans and leases $ 8.90 billion
Loan loss allowance $ 82.30 million
Trading account assets $ 0.96 million
Bank premises and fixed assets N.A.
Other real estate owned N.A.
Goodwill and other intangibles $ 376.99 million
All other assets $ 433.28 million
     Total Assets $ 10.03 billion

LIABILITIES
Total deposits $ 9.57 billion
      Interest-bearing deposits $ 9.18 billion
      Deposits held in domestic offices $ 9.57 billion
      % insured (estimated) 65.84%
Federal funds purchased and repurchase agreements $ 201.08 million
Trading liabilities N.A.
Other borrowed funds $ 18.96 million
Subordinated debt N.A.
All other liabilities $ 242.26 millionn
      Total Liabilities $ 10.03 billion
      Shareholders’ Equity $ 1,594.03 million

Summary Income Statement

INCOME AND EXPENSES
Total Interest Income $ 448.32 million
Total Interest Expense $ 33.75 million
Net interest income $ 414.56 million
Provision for loan and lease losses $ 6.30 million
Total non interest income $ 180.38 million
Total non interest expense $ 415.61 million
Pre-tax Net Operating Income $ 173.03 million

Eastern Bank is an FDIC insured institution headquartered at 265 Franklin Street, Boston, MA 2110.
It was founded in 1989 and has approximately $12 billion in assets. Customers can open an account at one of its 101 branches.