Eastern Bank plans to continue Century Bank’s marijuana-banking business once it acquires its competitor later this year, Eastern’s chief executive told the Boston Business Journal. Century Bank was the first Massachusetts bank to accept deposits from marijuana-linked businesses and remains one of only a handful willing to do so today. With Eastern set to acquire Century for $642 million, that business will live on, Eastern CEO Bob Rivers said.
— Read on www.bizjournals.com/
The Law Office of Walter J. Sullivan, Jr. 