News: Financial Digest

Buscone and Osborne promoted to executive vice president at Eastern

Boston, MA According to Eastern Bank, Gregory Buscone and Matthew Osborne have been promoted to executive vice president, senior commercial banking officer. Both are also members of Eastern’s commercial credit committee. Both will continue to report to Jan Miller, vice chair and chief commercial banking officer.

Buscone joined Eastern in 2017 as senior vice president and regional group head in commercial banking with responsibility for Eastern’s commercial & industrial lending portfolio. The business group also expanded its Asset Based Lending team in 2018. Previously, Buscone spent 17 years at Citizens Bank, serving as a senior vice president and market manager for Massachusetts middle market and specialized lending. 

Osborne is responsible for Eastern’s commercial real estate, community development and New Hampshire lending teams. Their services include investor commercial real estate, non-profit, affordable housing, and tax credit sponsored financing. Osborne joined Eastern in 1998 after beginning his career with The Hibernia Savings Bank in Quincy. 

“Under Greg and Matthew’s leadership, Eastern’s Commercial Banking business is experiencing unprecedented growth, yet it is their strong commitment to their customers, communities and teams that so closely aligns to Eastern’s purpose of doing good things that help people prosper,” said Bob Rivers, chair and CEO of Eastern Bank. “We are proud of them and the work of their teams, and congratulate them on their well-deserved promotions.”

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