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11.19.2009 EBSB name Chris Grevelis as Reverse Mortgage Officer East Boston Savings Bank has hired Chris G. Grevelis as a reverse mortgage officer.  He is focusing on educating seniors age 62 and older about the features and benefits of reverse mortgage programs.  A Reverse Mortgage is a way in which seniors can get additional funds by converting equity they have in their home into cash.  A reverse mortgage can allow seniors to stay in their home and receive cash to use for whatever they need.  They retain the title and continue living in the home and will have no mortgage payments. A Peabody resident, Grevelis is a graduate of Salem State College and previously worked at The Savings Bank in Wakefield.  Although he is working out of East Boston Savings Bank's Lynnfield office, Chris is available to meet you at your convenience in any branch office or in your home.  He can be reached at 781-581-1188. Founded in 1848, East Boston Savings Bank has 13 full-service branches, located in East Boston, Everett, Lynn, Medford, Melrose, Peabody, Revere, Saugus, Wakefield and Winthrop.  At EBSB all deposits are insured in full through membership in both the FDIC and DIF.  EBSB is an Equal Housing Lender.