Eagle Bank is a state-chartered, mutual savings bank with over 116 years experience in the financial services industry. We received our original charter from the Commonwealth of Massachusetts on March 1, 1889. On that date, the Massachusetts Senate and House of Representatives authorized the founding of the Bank. On May 11, 1889, we opened the doors for our first day of business. At the end of the day, deposits totaled $4,570. Today, total assets are approximately $440 million.
Commitment to the community has always been a priority. During the depression, readers of the local newspaper could depend on the Bank to give sound, thoughtful advice. During World War II, the bank received authorization and sold defense bonds and stamps which were important to the raising of funds for the war effort.