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
Location
Massachusetts, United States
Transaction Type
Buyout

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