What does EFCL mean in FINANCE


EFCL stands for Eastern Financial Corp., a financial services holding company headquartered in Wilmington, Delaware. The company provides banking, investment, and insurance services to individuals and businesses primarily in the Mid-Atlantic region of the United States.

EFCL

EFCL meaning in Finance in Business

EFCL mostly used in an acronym Finance in Category Business that means Eastern Financial Corp

Shorthand: EFCL,
Full Form: Eastern Financial Corp

For more information of "Eastern Financial Corp", see the section below.

» Business » Finance

What does EFCL Stand for?

EFCL is an acronym that represents:

  • E: Eastern
  • F: Financial
  • C: Corp.
  • L: Limited

EFCL Meaning in BUSINESS

EFCL operates through five primary subsidiaries:

  • Eastern Bank: Provides a full range of banking products and services to individuals and businesses.
  • Eastern Insurance Group: Offers a variety of insurance products, including property, casualty, and life insurance.
  • Eastern Asset Management: Provides investment management services to individuals and institutions.
  • Eastern Wealth Management: Offers wealth management and financial planning services to high-net-worth individuals and families.
  • Eastern Capital Markets: Provides investment banking and capital markets services to corporate clients.

Essential Questions and Answers on Eastern Financial Corp in "BUSINESS»FINANCE"

What is Eastern Financial Corp.?

Eastern Financial Corp. (EFCL) is a financial holding company headquartered in Boston, Massachusetts. It provides a range of financial services, including banking, wealth management, and insurance, to individuals and businesses throughout the United States.

What are the key subsidiaries of EFCL?

EFCL's primary subsidiaries are Eastern Bank, Eastern Insurance Group, and Eastern Wealth Management.

What is the coverage area of EFCL?

Eastern Financial Corp. operates in the Northeastern United States, with a focus on Massachusetts, New Hampshire, and Rhode Island.

What types of banking services does EFCL offer?

Eastern Bank, a subsidiary of EFCL, provides a full range of banking services, including personal and business checking and savings accounts, loans, mortgages, and online banking.

What is the history of EFCL?

EFCL was founded in 1818 as the Salem Five Cents Savings Bank. Over the years, it has grown through acquisitions and mergers to become one of the largest financial institutions in the Northeast.

Final Words: EFCL is a leading financial services company that provides a comprehensive suite of products and services to meet the financial needs of its customers. The company's strong track record and commitment to customer satisfaction have made it a trusted partner for individuals and businesses alike.

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