Overview
Description
Beacon Financial Corporation is a regional bank holding company that operates through its principal subsidiary, Beacon Bank & Trust. Formed from the merger of Berkshire Hills Bancorp and Brookline Bancorp in 2025, Beacon Financial serves a broad geographic area including New England and New York with over 145 branch offices. The company offers a diverse range of banking services such as deposit products, commercial lending, asset-based lending, retail and consumer banking, and residential mortgage services. With assets totaling approximately $12.1 billion and deposits of around $10.3 billion post-merger, Beacon Financial plays a significant role in the regional financial market by providing comprehensive banking solutions tailored to both individual and business clients. Headquartered in Boston, Massachusetts, it represents a substantial regional banking franchise focused on community banking and local economic development.
About
CEO
Mr. Paul A. Perrault
Employees
951
Address
131 Clarendon Street
Boston, 02116, MA
United States
Boston, 02116, MA
United States
Phone
617 425 4600
Website
Instrument type
Common stock
Sector
Financial Services
Industry
Banks - Regional
Country
Germany
MIC code
XMUN