Eastern Bank today unveiled its next-generation online banking platform, featuring enhanced security measures, real-time fraud monitoring, and a redesigned mobile experience. The rollout begins next month for all personal account holders.
The Federal Reserve maintained its benchmark interest rate at 4.25%, citing continued progress on inflation while signaling a potential cut later this year.
Small business loan approval rates at U.S. banks reached a two-year high, driven by strong economic conditions and improved credit access for entrepreneurs.
Regulatory bodies released updated cybersecurity guidelines requiring multi-factor authentication for all commercial banking accounts by Q1 2027.
The Eastern Bank Foundation announced a $2 million grant program supporting financial literacy education across 50 school districts in the region.