EBSB’s Gavegnano Rings Bell to Officially Close Stock Market

September 12, 2012
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Meridian Interstate Bancorp Chairman and CEO Richard Gavegnano is joined by members of EBSB and Mt. Washington Bank’s senior management team in Times Square after ringing the closing bell for NASDAQ Stock Exchange. Pictured are: Eric Heath, Mary Hagen, Mark Abbatte, Paula Cotter, Joe Nash, Deb Jackson, Jim Morgan, Dick Gavegnano, Ed Merritt, Keith Armstrong, Frank Romano, John Migliozzi and John Carroll.

Richard Gavegnano, chairman and CEO of Meridian Interstate Bancorp, Inc., the holding company for East Boston Savings Bank, rang the closing bell of the NASDAQ Stock Market on August 31.

This was the second time Mr. Gavegnano has been chosen for the bell ringing ceremony.  The first time was in January of 2008 when Meridian Interstate Bancorp, Inc. began trading on the NASDAQ Global Select Market under the symbol “EBSB.” Since then EBSBs total assets has grown to over $2 billion.

“It is an honor to have East Boston Savings Bank listed on NASDAQ, the largest stock market in the U.S.,” Gavegnano said. “We were delighted to participate in the closing bell. This brings tremendous exposure to the bank.” Gavegnano was joined at NASDAQ by members of the Meridian Interstate Bancorp board of directors, as well as EBSB senior management, including: directors Vincent Basile, Richard Fernandez, Anna DiMaria, Dom Gambardella, Carl LaGreca, Greg Natalucci and James Sartori, EBSB President and COO, Deb Jackson, EVP, John Migliozzi, EVP, Frank Romano, CFO Mark Abbatte, SVP, Keith Armstrong, SVP, John Carroll, SVP, Paula Cotter and SVP Eric Heath.  EBSB’s Mt. Washington division was represented by President, Ed Merritt, SVP Mary Hagen, SVP, Jim Morgan and SVP Joe Nash.

Founded in 1848, East Boston Savings Bank operates 24 full-service branches (including its Mt. Washington Bank division) in the greater Boston metropolitan area and offers a variety of deposit and loan products to individuals and businesses located in its primary market, which consists of Essex, Middlesex and Suffolk counties.

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