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USEFUL SKILLS: William C. Tsonos ­believes he was appointed chairman of the R.I. Life Science Hub because of his ability to bring a disciplined, process-­oriented framework to the organization. 
PBN PHOTO/MICHAEL SALERNO

BANKS, BUSINESS, BIOTECH: William Tsonos has emerged as a key influencer...

William C. Tsonos has spent years climbing the ranks of Rhode Island banking, and now he’s taking on an additional role outside the industry...

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...
William C. Tsonos / PBN FILE PHOTO/MICHAEL SALERNO

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,...

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...

Berkshire Bank sued for allegedly aiding $100M Ponzi scheme

PROVIDENCE – Berkshire Bank, a Boston-based bank with five locations throughout Rhode Island, is facing a federal class action lawsuit alleging it helped facilitate...

Berkshire Hills and Brookline Bancorp receive final approval for Beacon Financial...

BOSTON – Berkshire Hills Bancorp Inc., the parent company of Berkshire Bank, and Brookline Bancorp Inc., the parent company of Brookline Bank, Bank Rhode...

Berkshire Hills and Brookline Bancorp form Beacon Financial holding company amid...

BOSTON – Berkshire Hills Bancorp Inc. and Brookline Bancorp Inc. announced that their planned merger will create a new holding company called Beacon Financial...

Bank Rhode Island’s parent posts $22M profit in Q2

BOSTON – Brookline Bancorp Inc., the parent company of Bank Rhode Island, posted a profit of $22 million for the second quarter of 2025,...

Plans for $70M project anchored by new BankRI HQ scrapped in...

PROVIDENCE – A $70 million development project on former Interstate 195 land that was to be anchored by a new headquarters of Bank Rhode...
BERKSHIRE HILLS Bancorp Inc. has agreed to merge with Brookline Bancorp Inc. in an all-stock transaction valued at $1.1 billion. Brookline owns Bank Rhode Island and Berkshire Hills owns Berkshire Bank. 

BankRI parent and Berkshire Bank parent strike $1.1B deal to merge

PROVIDENCE – Brookline Bancorp Inc., the parent company of Bank Rhode Island, and Berkshire Hills Bancorp Inc. have agreed to merge in an all-stock...
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