Beacon Bank and Trust
Headquartered in Boston, MA. Part of Beacon Financial Corporation. FDIC certificate #17798 · Federal Reserve RSSD 782306.
Total assets
$22.2B
Deposits
$18.6B
Q2 2026
Active branches
151
Closings since Jan 2020
5
2 openings since Jan 2020
Financial snapshot — Q2 2026
All quarters →Net income (quarter)
$68M
Return on assets
1.05%
Return on equity
9.41%
Noncurrent loan rate
0.90%
Deposits by year (Summary of Deposits)
42019
42020
42021
42022
42023
52024
52025
192026
Values in $ billions, June 30 of each year.
Closings by year
12020
12022
22024
12025
Openings by year
12025
12026
Other network changes since 2020
- 3 branch relocations
- 129 branches acquired through purchases or mergers
- September 2, 2025: legal name changed from “Brookline Bank” to “Beacon Bank and Trust”
Branches by state
Recent closings
- 404 MAIN ST · closed September 3, 2025
- 1016 BEACON ST · closed October 25, 2024
- 1160 WALNUT ST · closed August 23, 2024
- Brookline Bank — Newburyport, MAbank exits city155 STATE STREET · closed July 29, 2022
- 34 CAMBRIDGE ST · closed May 30, 2020
All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits · bank site: www.beaconbank.com.