Eastern Bank

  www.easternbank.com
  www.easternbank.com
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Eastern Bank Reviews

Updated September 19, 2014
Updated September 19, 2014
23 Reviews
3.7
23 Reviews
Rating Trends

Recommend to a friend
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Richard E. Holbrook
16 Ratings

Employee Reviews

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  1. 1 person found this helpful  

    Overall the company is great to work at and be a part of.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Senior Teller  in  Lynn, MA
    Current Employee - Senior Teller in Lynn, MA

    I have been working at Eastern Bank full-time for more than 3 years

    Pros

    The best part is the people you work with. They are amazing and definitely contribute to the office environment. Eastern Bank takes good care of its employees through various events, i.e Ice cream socials, food take-outs and so on. Benefits are also very competitive and generous.

    Cons

    The salary is by no means competitive and compared to the amount of goals they set for you, it is poor. They spend a lot of time training new people just for them to work a few months and leave for a better paying job with less responsibilities.

    Recommends
    Positive Outlook
    Approves of CEO
  2.  

    Marketing Intern

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee  in  Boston, MA
    Former Employee - Anonymous Employee in Boston, MA

    I worked at Eastern Bank as an intern for less than a year

    Pros

    A good place to work because you will have opportunity to learn

    Cons

    Do not expect a permanent position if you are employed as a temporary staff. They will rather bring in a new person rather than retaining you no matter how good you are.

    Advice to ManagementAdvice

    Give opportunity for growth in the company.

    Recommends
    Positive Outlook
    No opinion of CEO
  3.  

    Good experience

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Eastern Bank full-time

    Pros

    Mid-sized bank that is customer focused. Some great people to work with.

    Cons

    Growing in size, thus inevitably becoming more corporate.

    Recommends
    Positive Outlook
    Approves of CEO
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  5.  

    Understaffed and under paid

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Eastern Bank

    Pros

    They have great benefits and coffe

    Cons

    They are a bank not an insurance agency. Management dos not know how
    To run an insurance agency. Employees as well as customers are getting fed up and are leaving.

    Advice to ManagementAdvice

    Hire people with insurance knowledge. Also give better raises to the people that work their tails off for you.

  6. 1 person found this helpful  

    Strong Community Bank with a Bright Future in the Retail Banking Industry

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Eastern Bank part-time

    Pros

    Great benefits, good work life balance.

    Cons

    Strong hierarchy in place, hard to climb the corporate ladder.

    Advice to ManagementAdvice

    Promoting talent from within should be a greater priority. There are many talented people working within the branches from a variety of backgrounds. Utilizing this talent would only be asset to the bank.

    Recommends
    Positive Outlook
    Approves of CEO
  7.  

    A wonderful place to work!

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Analyst  in  Lynn, MA
    Current Employee - Analyst in Lynn, MA

    I have been working at Eastern Bank full-time for more than 8 years

    Pros

    Work/life balance, carreer growth opportunities

    Cons

    Can't think of any cons!

    Recommends
    Positive Outlook
    Approves of CEO
  8.  

    It was good experience with co workers and customer.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Anonymous Employee
    Former Employee - Anonymous Employee

    I worked at Eastern Bank full-time for more than 10 years

    Pros

    I was very comfortable working there easy system, not stressful.
    Community team work.

    Cons

    Management was not good. No salary increase.

    Recommends
    Positive Outlook
    Approves of CEO
  9.  

    Sales Oriented, Operations Driven

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Current Employee - Anonymous Employee
    Current Employee - Anonymous Employee

    I have been working at Eastern Bank

    Pros

    Mutual, pension, good benefits, multiple locations to satisfy most customer. Longevitiy with company is prevelant across many positions.

    Cons

    very black and white, have seen many be let go from small operational mistakes. Have holes in the foot print which can make sales difficult at times. Many people been with the bank for 20-30-40 years, advancement can be difficult.

    Advice to ManagementAdvice

    Staffing is not where it should be.

    Recommends
    Neutral Outlook
    Approves of CEO
  10.  

    Great exposure to a professional environment as a college student

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Loan Processing Assistant  in  Lynn, MA
    Former Employee - Loan Processing Assistant in Lynn, MA

    I worked at Eastern Bank as an intern for less than a year

    Pros

    -Office culture is very friendly. Everyone was nice and helpful. Made mistakes but was never yelled at. My supervisor was very patient and understanding.
    -I only worked for a 7-week program but my co-workers who had been there for decades raved of the upper management and benefits the company provided.
    -monthly ice cream social!

    Cons

    -The work could be somewhat dull, but my summer job is not what I plan on doing the rest of my life.
    -Although many raved of the upper management I was never in contact with anyone above me other than my immediate supervisor; upper management seems to keep to themselves.

    Advice to ManagementAdvice

    Be more social and connected with lower level workers.

    Recommends
    Neutral Outlook
    No opinion of CEO
  11. 1 person found this helpful  

    Positive, but could use some work in certain areas.

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Culture & Values
    • Career Opportunities
    Former Employee - Regional Service Teller  in  Wareham, MA
    Former Employee - Regional Service Teller in Wareham, MA

    I worked at Eastern Bank part-time for more than a year

    Pros

    The work environment is great and everyone gets along. The customers were often very pleasant and made the day go by faster.

    Cons

    They didn't show that they cared about the little people. They sometimes weren't as flexible with scheduling as they could've been for people that needed it.

    Recommends
    Positive Outlook
    No opinion of CEO

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