Meridian Bancorp, Inc., a Maryland corporation was established in 2014 to be the fully public stock holding company for East Boston Savings Bank. Meridian Interstate Bancorp, Inc., the former bank holding company, merged into Meridian Bancorp, Inc. and ceased to exist following the completion of a "second-step" conversion from a two-tier mutual holding company structure effective July 28, 2014. Meridian Bancorp, Inc.'s business activity is the ownership of the outstanding capital stock of East Boston Savings Bank. The common stock of Meridian Bancorp, Inc. is listed on the Nasdaq Global Select Market and trades under the ticker symbol âEBSB.â East Boston Savings Bank is a Massachusetts chartered stock savings bank originally founded in 1848. We operate thirty five full-service branch locations and our loan center in the greater Boston metropolitan area. We offer a variety of deposit and loan products to individuals and businesses located in our primary market, which consists of Essex, Middlesex, Norfolk and Suffolk Counties, Massachusetts. Source
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