News: Financial Digest

Eastern Bank names Henry as general counsel and secretary

Kathleen Henry, Eastern Bank Kathleen Henry, Eastern Bank

Boston, MA Eastern Bank, a full-service commercial bank headquartered in Boston, has named Kathleen Henry as general counsel and secretary. Henry, who lives in West Roxbury with her husband and three children, brings more than 15 years of legal experience and will manage the various legal affairs of the bank, including corporate governance, in-house legal advice, assessment of risk, and compliance with applicable laws and regulations.

Henry arrived from Plymouth Rock Assurance, where she worked for four years serving as its deputy general counsel and general counsel. Prior to that, Henry spent 11 years at the law firm of Choate, Hall & Stewart, becoming a partner in 2008.

Henry replaces Terence McGinnis, Eastern’s longtime general counsel who served the bank for over 12 years.

McGinnis recently retired and was subsequently appointed to be Massachusetts Commissioner of Banks.

“We are very pleased to welcome Kathy Henry to Eastern Bank, which will benefit from her financial services legal experience and her volunteer work in the communities we serve,” said Richard Holbrook, Eastern’s chairman and CEO. “We also wish the very best to Terry McGinnis in his new role.”

Henry earned her bachelor’s degree in Journalism from Boston University and her juris doctorate from Northeastern University School of Law. She serves on the board of directors for the Political Asylum Immigration Representation Project (PAIR) and on the board of tTrustees for the Insurance Library Association of Boston. She is a past member of the board of directors for the Lamp for Haiti Foundation.

In 2008, Massachusetts Lawyers Weekly, in partnership with the Women’s Bar Association, named Henry among their first “Woman of Justice” award recipients. A dedicated runner, Henry finished her 10th Boston Marathon in 2016.

Founded in 1818 and based in Boston, Eastern Bank is the largest and oldest mutual bank in the United States, with $10 billion in assets and nearly 100 branches serving communities in eastern Massachusetts and southern and coastal New Hampshire. Eastern Bank offers banking, investments and insurance all under one roof, and prides itself on working harder to understand its customers’ needs so it can deliver these services in a committed and personal way. Eastern Bank, which includes Eastern Wealth Management and Eastern Insurance, is a recognized leader in corporate social responsibility and for its advocacy on behalf of a number of social justice causes.

MORE FROM Financial Digest

Preservation of Affordable Housing secures $23.5 million in financing from Rockland Trust and Citizens Bank

Cambridge, MA The nonprofit Preservation of Affordable Housing (POAH) has secured $23.5 million in financing from Rockland Trust and Citizens Bank to transform a 150-year-old, underutilized church complex into housing. The project will ultimately create 46 affordable family-sized apartments.
READ ON THE GO
DIGITAL EDITIONS
Subscribe
Columns and Thought Leadership
Conn. hospitality market: A technical appraisal perspective on market dynamics and valuation challenges (2019-2025)

Conn. hospitality market: A technical appraisal perspective on market dynamics and valuation challenges (2019-2025)

The Connecticut hospitality market has demonstrated uneven recovery patterns between 2019 and 2025, with boutique and historic properties achieving $125 RevPAR in 2025, up 8.7% from the 2019 level. Coastal resort properties achieved a $105 RevPAR in 2025, representing 10.5% growth since 2019. Casino corridor properties maintained modest growth with RevPAR improving 4.5% to $92 in 2025.
Examples of investors who used Kay Properties for legacy and estate planning purposes for rental property/portfolios - by Dwight Kay

Examples of investors who used Kay Properties for legacy and estate planning purposes for rental property/portfolios - by Dwight Kay

Preserving wealth across multiple generations requires strategic planning, foresight, and the right investment vehicles. Delaware Statutory Trusts (DSTs) offer a powerful solution for families looking to build and protect their financial legacy and to efficiently plan for their estate.