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Press release content from Business Wire. The AP news staff was not involved in its creation. Eastern Bank Welcomes Stanley Tree Service, Inc. As A Commercial Customer July 21, 2021 GMT BOSTON (BUSINESS WIRE) Jul 21, 2021 Eastern Bank is pleased to announce Stanley Tree Service, Inc. (Stanley Tree) as a new commercial banking customer. Stanley Tree was founded in 1986 as a residential tree trimming and service company. It has grown to serve many commercial accounts and major electric utility customers in Rhode Island and Southern Massachusetts, providing vegetation management services its customers require. Stanley Tree has 240 employees and is led by a team of dedicated, long-term employees. Eastern provided a term loan to support Stanley Tree’s conversion to employee ownership through the implementation of an Employee Stock Ownership Plan (ESOP), making it a fully employee-owned company. Eastern Bank is also providing a revolving line of credit and an equipment line of credi

Rhode islandUnited statesNew hampshireJill belliveauAndrea goodmanDavid nussbaumGreg busconeStanley zubaEastern bankEastern bankshares incStanley tree service incFounder of stanley tree service incStanley tree serviceTeam leader dan fieldEastern insurance groupStanley tree