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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,...

Eastern Bank parent enters agreement to acquire HarborOne in $490M deal...

PROVIDENCE – Eastern Bankshares Inc., the holding company of Eastern Bank, has entered into a merger agreement with HarborOne Bancorp Inc., the holding company...
BROOKLINE BANCORP, the parent company of Bank Rhode Island, posted their first-quarter earnings statement on Wednesday. / COURTESY OF BROOKLINE BANKCORP

Bank Rhode Island’s parent company Q1 profit up 30%

BOSTON – Brookline Bancorp Inc., the parent company of Bank Rhode Island, reported a net income of $19.1 million in the first quarter of...
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