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East Boston Savings Bank was established in Maverick Square, East Boston in 1848 by some merchants and shipbuilders, as a result of the booming commerce in Boston. [8] [9]In 1991, East Boston Savings Bank became a wholly owned subsidiary of Meridian Mutual Holding Company, later known as Meridian Financial Services.
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Each bank will have its own account requirements based on your business formation and the account type. Here are some of the most common documents and information banks require to open a business ...
Key takeaways. To open a business bank account, you will need your personal ID as well as business documentation, such as information about your business formation and additional owners or partners.
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The number of banks and accounts should, wherever practical and the counter party risk is acceptable, be minimised. Many corporate treasury departments have had a bank reduction programme for many years, but since the bank crisis in 2008, some departments have been increasing the number of banks to spread their counter-party financial and ...