EBSB is opening new branches in Salem and Woburn on July 27 with a third branch in Brookline opening later in the summer.
“We are very excited to be expanding our footprint within these communities. All these locations coincide with our strategy to penetrate lucrative high-density markets and expand the EBSB franchise that has a strong community banking history,” said Richard Gavegnano, Chairman, President and CEO of East Boston Savings Bank. "We are proud to be part of these great communities and look forward to establishing new relationships and enhancing existing ones."
The Salem branch is located on the corner of New Derby and Washington Streets at the former sites of Eaton Drug and more recently Bank of America. Vice President, Branch Officer, Diane Fatouros is leading the Salem banking team and is responsible for overseeing the daily operations of the branch, including customer service, sales and business development, data processing and computer equipment operation. Assisting Fatouros is Assistant Branch Manager Tatiana Ramiraz-Martinez.
In Woburn the branch is located at 331 Montvale Avenue at the former site of Citizens Bank. Vice President, Branch Officer, Paul Saia is leading the Woburn banking team. Assisting Saia is Assistant Branch Manager Sebastian Rodriguez.
The three branch openings mark a continuation of EBSB’s expansion pattern through the greater Boston area. For branch information visit ebsb.com.