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.
Served as the central administrative hub, overseeing strategic operations, financial management, regulatory compliance, and executive leadership for the bank's network.
A modern office building equipped to support extensive banking operations and corporate staff, reflecting the bank's growth and established presence in the region.
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.
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.
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.
67 Prospect Street
Peabody
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.
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.
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.
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As of April 2025, East Boston Savings Bank' leadership includes:
East Boston Savings Bank has been backed by several prominent investors over the years, including:
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.
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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
Rockland Trust Investor Relations • November 12, 2021
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 Newswire • April 22, 2021
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 Press • October 8, 2020
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
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