Eastern Bank

Today more than ever, you need a bank that’s not only there for you, but true to you and your community. That’s Eastern Bank. For nearly two centuries, we’ve been here to help generations of individuals, families, and businesses reach their goals. We’ve accomplished it with honest values and service that always puts our customers first. It’s how we’ve grown to be the largest independent mutually owned bank and earned our reputation as a bank that cares about its customers, communities, and employees.

Identification Required to Open a New Account
Description of your identification policy: 
Two forms of ID, including a valid government-issued photo ID and address verification are required.
IDs acceptable to open account: 
What other IDs are valid to open an account: 
Permanent Resident Card (Form I-551) with photo.
What other IDs are valid to open an account: 
U.S. Armed Forces ID.
Other forms of identification that are valid to open an account: 
*Fire Arms ID Card *Foreign Passport w/ Visa *MA Comm for the Blind ID *MA EBT Card w/Photo *MBTA Senior Citizen Card *Other US Gov't ID w/Photo *Permanent Resident Card *Resident Alien Card *US Passport *MA Registry of Motor Vehicle ID w/ issue date at minimum.
Savings Account Features
Monthly Maintenance Fee: 
Free, no monthly maintenance fee.
Minimum opening deposit: 
Ability to have an automatic transfer (auto-save) from other accounts: 
Considers Chexsystems if less than 6 months: 
Other Bank Products and Services
Outgoing International wire transfers: 
Cost of wire transfer: 
$12 for incoming, $45 for outgoing (US currency), $70 for outgoing (foreign currency)
Remittances to foreign countries available: 
Free On-Line Banking: 
Cost for money orders: 
Mobile banking available: 
Monthly statements : 
No additional cost.
"Help" phone line hours: 
M-F 7 am to 8 pm Sat 9 am to 3 pm
Language assistance available (not necessarily in person): 
Spanish Portuguese Russian Vietnamese Cambodian Mandarin Cantonese, We have employees who speak over 50 languages. These employees are not necessarily in our branches or call center.
Incentives available for completing financial education training: 
No, incentives are not available.