Taking stock of Eastern Bank’s expansive community banking model

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Manage episode 295117083 series 2712836
By HBS Managing the Future of Work and Harvard Business School. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Eastern Bank is betting that bigger is better when it comes to serving small businesses and supporting local communities and philanthropic causes. Until recently the oldest and largest mutual bank in the US, Eastern has gone public and is pursuing an aggressive growth strategy. CEO and Chair, Bob Rivers, on maintaining the bank’s commitment to diversity—in business, communities, and internally—and how Covid has reconfigured work and magnified the challenges faced by small and minority-owned businesses.

162 episodes