Eastern Insurance Group, a fully-owned subsidiary of Boston-based Eastern Bank, has acquired the operating assets of the John T. Burns Insurance Agency, an insurance agency based in Newtonville, Massachusetts. John T. Burns Insurance Agency has been family owned and operated since 1892. Steven Oakes — John T. Burns Insurance Agency President said: “We are proud […]
Eastern Bankshares has agreed to acquire rival Boston-based bank holding company Century Bancorp in an all-cash deal worth $642 million. While Eastern Bankshares is the holding company for Eastern Bank, Century Bancorp is the holding company for Century Bank and Trust Company. The combination will create a $22 billion combined entity, which will strengthen tge […]
