Berkshire Hills Bancorp and Brookline Bancorp Receive Regulatory Approvals for Merger of Equals to form Beacon Financial Corporation
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 25 2025
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Source: PRnewswire
Merger Approval: Berkshire Hills Bancorp and Brookline Bancorp have received all necessary regulatory approvals for their merger, which will create Beacon Financial Corporation.
Closing Date: The merger is expected to close on September 1, 2025, pending the fulfillment of customary closing conditions.
Client Services Continuity: Clients will continue to be served through existing bank branches until a full transition to the Beacon Bank brand in 2026.
Company Overview: The merged entity will operate as a $24 billion regional banking franchise with over 145 branches across the Northeast.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
