highperformr logo

East Boston Savings Bank's Overview

Total employees158
HeadquartersPeabody
Founded

East Boston Savings Bank (EBSB) was a Massachusetts-chartered stock savings bank established in 1848. For over 170 years, it provided a comprehensive range of financial services to individuals, families, and businesses throughout Boston and its surrounding communities, including Suffolk, Norfolk, Middlesex, and Essex counties. Key offerings included personal and business checking and savings accounts, residential and commercial real estate loans, business loans, and investment services. Known for its strong community focus and customer service, East Boston Savings Bank grew to operate numerous branches across Eastern Massachusetts. In November 2021, East Boston Savings Bank was acquired by Rockland Trust Company, and its operations were subsequently integrated into Rockland Trust.

Where is East Boston Savings Bank's Headquarters?

HQ Function

Served as the central administrative hub, overseeing strategic operations, financial management, regulatory compliance, and executive leadership for the bank's network.

Notable Features:

A modern office building equipped to support extensive banking operations and corporate staff, reflecting the bank's growth and established presence in the region.

Work Culture:

The headquarters fostered a work culture centered on community banking values, customer-centric service, collaboration, and professional development for its employees, aiming to meet the financial needs of local communities.

HQ Significance:

The Peabody headquarters was significant as the nerve center of EBSB's operations during its later years, coordinating its branch network and strategic initiatives before its merger with Rockland Trust. It represented the culmination of its long history and expansion.

Values Reflected in HQ: The headquarters aimed to reflect stability, trustworthiness, community commitment, and the professional service ethos that East Boston Savings Bank cultivated over its long history.

Location:

East Boston Savings Bank's operations were concentrated in the Greater Boston area and Eastern Massachusetts. It did not have a global presence. Its functions, including retail banking, commercial lending, and residential mortgages, were all tailored to serve the local communities within its Massachusetts footprint. Following its acquisition, its operational scope was absorbed into Rockland Trust's larger regional network.

Street Address:

67 Prospect Street

City:

Peabody

State/Province:

MA

Country:

USA

East Boston Savings Bank's Global Presence

East Boston, MA/USA

Address: 10 Meridian Street, East Boston, MA 02128

Served as a foundational financial institution for residents and businesses in East Boston, fostering local economic growth and stability since the bank's inception.

Revere, MA/USA

Address: 35 Squire Road, Revere, MA 02151

Extended EBSB's banking services to the Revere community, providing convenient access to financial solutions and support for local residents and enterprises.

Dorchester, MA/USA

Address: 501 Talbot Avenue, Dorchester, MA 02124

Supported the financial well-being of the Dorchester community by offering accessible banking options and contributing to local development efforts.

Buying Intent Signals for East Boston Savings Bank

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of East Boston Savings Bank

As of April 2025, East Boston Savings Bank' leadership includes:

Richard J. Gavegnano - Former Chairman, President and Chief Executive Officer
Joseph F. Nemia - Former Executive Vice President, Chief Operating Officer
Mark E. Tryder - Former Executive Vice President, Chief Financial Officer and Treasurer
Edward J. Merritt - Former Executive Vice President, Chief Lending Officer
Carol A. W. Stapleton - Former Senior Vice President, Chief Information Officer

Investors of East Boston Savings Bank

East Boston Savings Bank has been backed by several prominent investors over the years, including:

Prior to its acquisition in November 2021, East Boston Savings Bank was a publicly traded company (NASDAQ: EBSB). Its investors included a diverse group of institutional shareholders (such as mutual funds and investment management firms) and individual retail investors.
Rockland Trust Bancorp, Inc. became the sole owner after acquiring all outstanding shares of EBSB.

Executive New Hires/Exits in the Last 12 Months

Hire0
Exits4

Most executive changes at East Boston Savings Bank in the 12-24 months preceding its November 2021 acquisition by Rockland Trust were related to the merger. Key executives of EBSB largely transitioned out of their roles upon completion of the acquisition, as is typical in such mergers, with the leadership structure of the combined entity being led by Rockland Trust executives.

Departures

Richard J. Gavegnano, Role concluded with the acquisition by Rockland Trust.
Joseph F. Nemia, Role concluded with the acquisition by Rockland Trust.
Mark E. Tryder, Role concluded with the acquisition by Rockland Trust.
Edward J. Merritt, Role concluded with the acquisition by Rockland Trust.

Technology (Tech Stack) used by East Boston Savings Bank

Discover the tools East Boston Savings Bank uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

East Boston Savings Bank Email Formats and Examples

Prior to its acquisition and integration into Rockland Trust, East Boston Savings Bank likely utilized standard corporate email formats. Common patterns for financial institutions include using the first initial and last name, or first name and last name separated by a dot. The domain would have been @ebsb.com.

[firstinitial][lastname]@ebsb.com or [firstname].[lastname]@ebsb.com

Format

jsmith@ebsb.com or jane.smith@ebsb.com

Example

80%

Success rate

News and media

Rockland Trust Investor RelationsNovember 12, 2021

Rockland Trust Bancorp, Inc. Completes Acquisition of East Boston Savings Bank

Rockland Trust Bancorp, Inc., the parent company of Rockland Trust Company, officially announced the completion of its acquisition of East Boston Savings Bank. This merger expanded Rockland Trust's footprint in eastern Massachusetts, including 32 former EBSB branches and its loan center....more

PR NewswireApril 22, 2021

Rockland Trust Bancorp, Inc. To Acquire East Boston Savings Bank

Rockland Trust Bancorp, Inc. and East Boston Savings Bank announced they entered into a definitive agreement for Rockland Trust to acquire East Boston Savings Bank in an all-stock transaction valued at approximately $1.15 billion. The deal was expected to enhance Rockland Trust's position as a leading commercial bank in New England....more

East Boston Times-Free PressOctober 8, 2020

EBSB Charitable Foundation Awards $90K in Grants to Local Nonprofits

The East Boston Savings Bank Charitable Foundation awarded $90,000 in grants to 16 non-profit organizations serving communities within the bank's footprint. The grants supported a variety of causes, including education, health and human services, and youth programs, reflecting the bank's ongoing commitment to community support....more

Highperformr’s free tools for company research

Explore Employees by Region or Country

See where a company’s workforce is located, by country or region.

View Funding Details

View past and recent funding rounds with amounts and investors.

Understand Revenue Insights

Understand company revenue estimates and financial scale.

Track Active Job Openings

Track active roles and hiring trends to spot growth signals.

Review Product and Offerings

Discover what a company offers—products, platforms, and solutions.

Get SIC or NAICS Codes

Get the company’s official SIC and NAICS classifications.

Analyze Website Traffic Trends

Analyze visitor volume, engagement, and top traffic sources.

Discover Social Profiles and Engagement

Explore LinkedIn, Twitter, and other active social profiles.

Identify Top Competitors

Identify top competitors based on similar business traits.

Research and Discover Companies with Highperformr — Smarter, Faster

Explore companies in depth — from the tech they use to recent funding, hiring trends, and buyer signals — all in one powerful view.

Highperformr AI helps you surface the right accounts and enrich your CRM with verified company and contact insights, so your teams can prioritize and engage faster.

  • Track intent signals to find buyers who are actively in-market
  • Enrich contacts and companies instantly, no need to switch tools
  • Automate workflows to stay ahead of every change
  • Connect your CRM & tools for seamless data sync and activation

Thousands of companies, including East Boston Savings Bank, are just a search away.