Bank / Credit Union

Beacon Financial combines 4 banks into Beacon Bank

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February 27, 2026

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Beacon Financial Corp. has announced it has combined four financial institutions into the Beacon Bank brand. This bank has more than 145 branches in New England and New York, according to a press release.

This bank combines Berkshire Hills Bancorp Inc. parent of Berkshire Bank and Brookline Bancorp Inc., the parent company of Brookline Bank, Bank Rhode Island and PCSB Bank.

"Launching Beacon Bank represents a significant achievement for our organization and a critical step forward in our long-term strategy," Paul A. Perrault, CEO of the Beacon Financial, said in the release. "By uniting our banks, we are enhancing the experience we deliver to clients and positioning the c ompany to generate sustainable value for our stockholders through improved performance, better efficiency and expanded opportunities for growth," he added. "This step also deepens our ability to invest in our colleagues and communities across our regions."

Bank / Credit Union