Eastern Bank in Boston has acquired an insurance agency in Lynnfield, Mass.

Customers of Westover Insurance Agency will be transferred to Eastern Insurance, the $8.6 billion-asset mutual's insurance subsidiary. The acquisition expands Eastern's customer base north of Boston. Eastern did not disclose the purchase price.

It is Eastern's 16th insurance acquisition since 2004. Eastern Bank is the largest mutually owned bank in the United States.

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