Eastern Bank Provides Tax-Exempt Bond Financing For the William and Charlotte Bloomberg Public Science Common at the Museum of Science

Eastern Bank (EBC) is providing tax-exempt bond financing for the William and Charlotte Bloomberg Public Science Common at Boston’s Museum of Science.

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State-of-the-art convening space will connect the public to thought leaders in science, technology and innovation at one of New England’s most attended cultural institutions

BOSTON--(BUSINESS WIRE)-- Eastern Bank is pleased to announce tax-exempt bond financing for the William and Charlotte Bloomberg Public Science Common at the Museum of Science in Boston, a new 10,000-square foot civic venue designed to inspire lifelong engagement with science by sparking discourse and discovery through immersive experiences. With floor-to-ceiling glass overlooking the Charles River and 270-degree views of the Boston skyline, the William and Charlotte Bloomberg Public Science Common complements its civic mission with state-of-the-art immersive media, production, and livestreaming technology that enables events to reach audiences around the world. Eastern, as the sole lender, is providing a tax-exempt bond to support the project.

“The William and Charlotte Bloomberg Public Science Common and its plan to serve as a public convening space for the Museum of Science will continue to shape how we all understand science,” said Yongmei Chen, Senior Vice President and Group Director of Community Development Lending of Eastern Bank. “We are proud to support the Museum of Science with the tax-exempt bond financing and setup of this new public space, aimed to benefit everyone’s access to science, technology and innovation for years to come.”

Eastern provides a range of community development financing offerings to fund the development of affordable housing and support the credit needs of nonprofits. Community development lending solutions include construction and real estate financing, working capital lines of credit, multi-layered leverage loans for both New Market and Low-Income Housing Tax Credit projects, tax-exempt bond financing, and highly sophisticated treasury services and deposit products.

The Community Development Lending team advising the William and Charlotte Bloomberg Public Science Common was led by Senior Vice President and Group Director of Community Development Lending Yongmei Chen; Senior Vice President, Community Development Lending Team Leader Erik Jones; and Senior Vice President, Community Development Lending Relationship Manager John McBride.

About Eastern Bank
Founded in 1818, Eastern Bank is Greater Boston’s leading local bank with more than 125 branch locations serving communities in eastern Massachusetts, southern and coastal New Hampshire, and Rhode Island. As of September 30, 2026, Eastern had approximately $31.7 billion in assets. Eastern provides a full range of banking and wealth management solutions for consumers and businesses of all sizes including through its Cambridge Trust Wealth Management and Private Banking Divisions, which include the largest bank-owned independent investment adviser in Massachusetts with $10.8 billion in assets under management. Eastern takes pride in its advocacy and community support that includes more than $240 million in charitable giving since 1994. An inclusive company, Eastern is comprised of deeply committed professionals who value relationships with their customers, colleagues and communities. Join us for good at www.easternbank.com and follow Eastern on Facebook, LinkedIn and Instagram. Eastern Bankshares, Inc. (Nasdaq: EBC) is the holding company for Eastern Bank. For investor information, visit investor.easternbank.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20261105235405/en/

Media contact:
Andrea Goodman
Eastern Bank
a.goodman@easternbank.com
781-598-7847

Investor contact:
Andrew Hersom
Eastern Bankshares, Inc.
a.hersom@easternbank.com
617-897-1177

Source: Eastern Bank