Berkshire Hills Bancorp and Brookline Bancorp Merge to Create Beacon Financial Corporation
September 2, 2025
Berkshire Hills Bancorp and Brookline Bancorp combined in a merger of equals to form Beacon Financial Corporation, with the new banking brand Beacon Bank. The merged holding company is headquartered in Boston and will operate a regional banking footprint across New England and New York.
- Buyers
- Beacon Financial Corporation
- Targets
- Berkshire Hills Bancorp, Inc., Brookline Bancorp, Inc., Berkshire Bank, Brookline Bank, Bank Rhode Island, PCSB Bank
- Industry
- Financial Services
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
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