Berkshire Hills Bancorp and Brookline Bancorp to be Combined as Beacon Financial Corporation and Beacon Bank Upon the Closing of their Merger of Equals
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 06 2025
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Source: PRnewswire
Merger Announcement: Berkshire Hills Bancorp and Brookline Bancorp are merging to form a new holding company named Beacon Financial Corporation, with the combined bank operating as Beacon Bank & Trust. The merger is expected to be completed in Q3 2025, pending regulatory approvals.
Branding and Leadership: The name "Beacon Bank" symbolizes guidance and stability, reflecting the legacy of both institutions. Paul A. Perrault will serve as CEO of the new entity, while David M. Brunelle will continue as Chairperson of the Board.
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.
