What bank merged with Eastern Bank?
Cambridge Bancorp (the parent company of Cambridge Trust Company) officially completed its merger with Eastern Bankshares, Inc. (the stock holding company for Eastern Bank). This strategic business combination united Eastern Bank with Cambridge Trust to solidify Eastern's position as a leading local commercial bank across the Greater Boston area while combining premier wealth management and private banking services. Following the transaction, all banking products and customer systems were successfully integrated into Eastern Bank's operational framework.
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