News

Berkshire Hills Bancorp and Brookline Bancorp Receive Regulatory Approvals for Merger

All required regulatory approvals related to the proposed merger have been received. • Proposed merger closing is expected to be completed effective September 1, 2025, subject to the satisfaction of the remaining customary closing conditions. • Clients will continue to be served through their respective Berkshire Bank, Brookline Bank, Bank Rhode Island and PCSB Bank offices as divisions of Beacon Bank & Trust until systems conversion in 2026.

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BankRI Provides $102,650 Grant Funding to Rhode Island Nonprofits

PROVIDENCE, R.I. – Bank Rhode Island (BankRI) has awarded $102,650 in grants to 38 nonprofit organizations across the state, reaffirming its commitment to helping create community impact. The Bank’s latest charitable contributions help to fund initiatives that support educational opportunities for students and young adults, financial empowerment, human services, and family stability.

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BankRI Grows Franchise Banking Division, Hires Gregory Kervin as VP

PROVIDENCE, R.I. – Bank Rhode Island (BankRI) has expanded its Franchise Banking Division for the second time in eight months by appointing Gregory Kervin as Vice President, Commercial Lender. With substantial experience in finance, Kervin will specialize in structuring financing for quick-service restaurant owners.

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BankRI Children’s Book Drive Collects 14,279 Books in Biggest Year Yet

For its 15th annual Children’s Book Drive in partnership with Books Are Wings, Bank Rhode Island (BankRI) set its most ambitious goal yet, aiming to collect 10,000 books to support the local nonprofit’s programs. The results exceeded everyone’s expectations – a total of 14,279 books collected in just four weeks. It is the drive’s most successful year ever.

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We are pleased to announce that on September 1, 2025, BankRI became a division of Beacon Bank & Trust. Learn More.