Tag: Bank Rhode Island
Beacon Bank invested $2.6M in nonprofits in 2025
PROVIDENCE – Beacon Bank and its foundation invested more than $2.6 million in 2025 to support more than 650 nonprofit organizations across Rhode Island and...
Beacon Bank rebrand now complete across all 4 merged institutions
PROVIDENCE – Beacon Financial Corp. on Monday announced that its four acquired banks are now fully operating under the Beacon Bank brand, creating one...
Five Questions With: William C. Tsonos
5Q: William C. Tsonos
Rhode Island region president, Beacon Bank
Former CEO and president, Bank Rhode Island
(Editor’s note: Beacon Financial Corp. was formed on Sept. 2,...
SEC filing of week: Beacon Financial Corp. reports $53.4M profit in...
BOSTON – Beacon Financial Corp., the regional bank created in September 2025 through the merger of Berkshire Hills Bancorp Inc. and Brookline Bancorp Inc....
Washington Trust CEO eyes stronger margins in 2026
WESTERLY – Washington Trust Bancorp Inc., the parent of The Washington Trust Co., is poised for higher profitability in 2026 as a costly interest...
BankRI officially changing name to Beacon Bank following merger
PROVIDENCE – Bank Rhode Island, better known as BankRI, will officially rebrand as Beacon Bank on Feb. 9, the latest step in the merger...
Rhode Islanders donate 7,067 gifts through BankRI’s Holiday Giving Tree
PROVIDENCE – Rhode Islanders donated 7,067 gifts this holiday season through the Bank Rhode Island Holiday Giving Tree, one of the program’s largest collections...
BankRI launches 28th Giving Tree drive to deliver holiday gifts to children...
PROVIDENCE – Bank Rhode Island on Monday kicked off its 28th annual Holiday Giving Tree drive, launching its seasonal push to collect gifts for...
BankRI’s new parent company posts $56.3M loss after Brookline-Berkshire merger
BOSTON – Beacon Financial Corp., the holding company of Bank Rhode Island, reported a third-quarter net loss of $56.3 million on Wednesday, reversing a...
BankRI awards $120,700 in grant funding to 43 Rhode Island nonprofits
PROVIDENCE – Bank Rhode Island has awarded $120,700 in grants to 43 nonprofits statewide, backing programs that serve communities across the Ocean State, the...
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