Scherer joins Eastern Bank as vice president and commercial real estate relationship manager

Catherine Scherer, Eastern Bank

Boston, MA Eastern Bank, a full-service commercial bank, has appointed of Catherine Scherer as vice president and commercial real estate relationship manager.

Scherer, who works out of Eastern Bank’s Lynn Fells office in Saugus, most recently served as vice president and commercial lending officer at Beverly Bank and prior to that worked as a vice president and commercial real estate lender at Belmont Savings Bank. In both roles, she was responsible for generating new commercial loan relationships with real estate developers and investors.

Scherer is a member of NAIOP and the Real Estate Finance Association (REFA). She earned a Bachelor of Arts degree in Business and Economics from Albertus Magnus College.

She lives in Beverly with her husband, Joe, and they have two children, Kelly and David.

Founded in 1818 and based in Boston, Eastern Bank is the oldest and largest mutual bank in the United States, with $10 billion in assets and nearly 100 branches serving communities in eastern Massachusetts and southern and coastal New Hampshire. Eastern Bank offers banking, investments and insurance all under one roof, and prides itself on working harder to understand its customers’ needs so it can deliver these services in a committed and personal way. Eastern Bank, which includes Eastern Wealth Management and Eastern Insurance, is a recognized leader in corporate social responsibility and for its advocacy on behalf of a number of social justice causes.