Eastern Bankshares completed the merger with Century Bancorp in a $643m deal.

Eastern Bankshares, a provider of commercial, retail, lending, deposits, and wealth management services, completed the merger with Century Bancorp, a state-chartered bank holding company, in a $643m deal. “We’ve admired Century’s success since its founding by Marshall Sloane in 1969 and today they are New England’s largest family-run bank. Under the leadership of Barry R. Sloane and Linda Sloane Kay, the Century Bank brand has continued to rise in prominence and it was a proud moment for us when they communicated they wanted to partner with Eastern. We are excited for the opportunities this agreement creates and believe our combination will deepen our reach in providing banking services and other support to communities across Greater Boston and southern New Hampshire," Bob Rivers, Eastern Bankshares CEO and Chair of the Board.