About Eastwood Bank
Eastwood Bank is a company based in Rochester (United States) founded in 1903 was acquired by Bremer Bank in July 2014.. Eastwood Bank offers products and services including Contactless ATM, Loans, and Check Cashing. Eastwood Bank operates in a competitive market with competitors including Truist, First Republic Bank, Investec, UniCredit and Equity Bank, among others.
- Headquarter Rochester, United States
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Bremer Bank
(Jul 24, 2014)
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Products & Services of Eastwood Bank
Eastwood Bank offers a comprehensive portfolio of products and services, including Contactless ATM, Loans, and Check Cashing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables secure contactless transactions for cash withdrawals
Provides loans for individuals with bad credit needs
Offers quick cashing of checks without bank accounts
Funding Insights of Eastwood Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Eastwood Bank
Eastwood Bank has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Bremer Bank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Commercial banking services are offered to private sector clients.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Eastwood Bank
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Eastwood Bank
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Eastwood Bank Comparisons
Competitors of Eastwood Bank
Eastwood Bank operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Truist, First Republic Bank, Investec, UniCredit and Equity Bank, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Wealth advisory and banking services are offered to clients.
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Commercial bank
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| domain | founded_year | HQ Location |
Global banking, investment, and wealth management services are offered worldwide.
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| domain | founded_year | HQ Location |
Commercial bank
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| domain | founded_year | HQ Location |
Commercial banking services are provided to businesses and individuals.
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| domain | founded_year | HQ Location |
Regional bank
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Eastwood Bank
When was Eastwood Bank founded?
Eastwood Bank was founded in 1903.
Where is Eastwood Bank located?
Eastwood Bank is headquartered in Rochester, United States.
What does Eastwood Bank do?
Eastwood Bank was founded in 1903 in Rochester, United States, as a commercial bank. Deposits, loans, and related financial services are offered to businesses and individuals within the region. Operations are centered on supporting local economic activities through standard banking practices. The institution maintains its online presence via eastwoodbank.com, focusing on community-based financial solutions without broader national expansion.
Who are the top competitors of Eastwood Bank?
What products or services does Eastwood Bank offer?
Eastwood Bank offers Contactless ATM, Loans, and Check Cashing.
Who are Eastwood Bank's investors?
Eastwood Bank has 1 investor. Key investors include Bremer Bank.