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April 01, 2015 8:42 PM ET


Company Overview of East Boston Savings Bank

Company Overview

East Boston Savings Bank provides personal and commercial banking products and services in Massachusetts. Its personal banking products and services include checking and savings accounts, money market accounts, certificates of deposit, retirement services, residential mortgages, reverse mortgages, home equity loans, auto loan, credit building, credit cards, IRAs, education savings account, business retirement services, rollovers and transfers, and investment services; and mobile and online banking services. The company’s business banking products and services include business checking and savings accounts, business money market accounts, institutional banking, business lending, merchant serv...

67 Prospect Street

Peabody, MA 01960

United States

Founded in 1848





Key Executives for East Boston Savings Bank

Chairman, Chief Executive Officer, President, Chairman of Meridian Interstate Bancorp Inc, Chief Executive Officer of Meridian Interstate Bancorp Inc and President of Meridian Interstate Bancorp Inc
Age: 66
Chief Financial Officer, Senior Vice President, Treasurer, Chief Financial Officer of Meridian Interstate Bancorp Inc, Senior Vice President of Meridian Interstate Bancorp Inc and Treasurer of Meridian Interstate Bancorp Inc
Age: 59
Chief Operating Officer
Age: 47
Director and President of Mt. Washington Bank Division
Age: 54
Chief Risk Officer and Senior Vice President of Compliance
Compensation as of Fiscal Year 2014.

East Boston Savings Bank Key Developments

East Boston Savings Bank Appoints Elaine Foley as Assistant Vice President

East Boston Savings Bank appointed Elaine Foley as assistant vice president and residential loan officer for the Melrose and Wakefield markets. Foley has worked in the banking industry for 25 years, including twenty previously at EBSB. She is a recognized leader in the residential mortgage industry with fourteen years of experience and known for her personal service and exceptional knowledge of the industry.

Meridian Interstate Bancorp, Inc. and East Boston Savings Bank Announce Executive Changes

Meridian Interstate Bancorp, Inc. announced that on March 5, 2014, the company and its wholly owned subsidiary, East Boston Savings Bank, named Richard J. Gavegnano President of the company and the Bank, and John A. Carroll Chief Operating Officer of the company and the Bank. Mr. Gavegnano already serves as Chairman of the Board and Chief Executive Officer of the Company and the Bank. These appointments were made following the untimely passing of President and Chief Operating Officer Deborah Jackson. Mr. Carroll, age 47, joined the Bank in 2012, serving as Chief Information Officer. Previously, he served as Senior Vice President, Operations & Technology for nearly eight years at DanversBank, now People's United Bank.

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