Eastern Bank Commits over $10 Million to Those Impacted by COVID-19

Eastern Bank, America’s oldest and largest mutual bank, and Eastern Bank Charitable Foundation announced over $10 million in funding to help offset the impact of the coronavirus in the communities it serves. Eastern Bank Charitable Foundation will target $3 million in financial support to area nonprofit partners focused on COVID-19 relief, while Eastern Bank has created two loan funds that will provide a total of $7 million to its individual and small business customers experiencing financial hardship as a result of the coronavirus crisis. Specifically, the Consumer Impact Loan Fund will provide $2 million in lending to local individuals

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Eastern Bank Commits over $10 Million to Those Impacted by COVID-19

Two loan funds have been created to help those on the North Shore in need.

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