Bank R.I. parent purchases PCSB Financial Corp. for $313M

PROVIDENCE – Brookline Bancorp Inc., parent of Bank Rhode Island, on Tuesday announced the purchase of New York-based PCSB Financial Corp. for $313 million in cash and stock. “This transaction represents a unique opportunity for Brookline to expand its banking operations into one of the country’s largest deposit markets through the acquisition of a complimentary…

Register to keep reading or subscribe today and receive unlimited access.
Register Now Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.