Eastern Bank
The Eastern Bank is the largest mutually owned bank in New England. This bank was founded in 1818 and is headquartered in Boston. They provide banking, investing and insurance all under one umbrella of services. With assets exceeding $7.0 billion and over 80 branch offices, this bank will deliver tailored made financial services to fit their customer’s needs.
The different types of personal banking accounts offered by Eastern are many and all of them can be access either online with a computer or by their mobile service with then use of your cell phone. If neither those ways are convenient, then a touch tone phone can be used to access your accounts day or night.
There are three different types of checking accounts. There is Free Checking with no maintenance fee. The minimum deposit required is $10. Access to your account by an Eastern Bank ATM is free of charge. Select Checking requires a minimum balance of $5000 and has an $18 maintenance fee. Interest is compounded monthly on your balance at a rate of 0.05%. There are free standard checks, traveler’s checks and foreign currency exchange included as benefits of account holders. The Premier Checking is for account holders that maintain a balance of over $25,000. There is no monthly maintenance fee and all the great service of the Select checking account with added services of discount safety deposit boxes and no fees for stop payments on checks, over drafts or money wires. The interest bank rates of this account are presently at 0.10%.
The Eastern Bank also offers savings accounts, CD’s, Money Market accounts and so much more. It will take some time to explore all of your great options at this banks home site to fully understand all of their features.
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Filed under: Best Bank Accounts, Certificates of Deposits, Checking Accounts, Money Market Accounts, Online Banks, Savings Accounts
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