Beacon Bank Invests more than $460,000 in Local Nonprofits
Beacon Bank and the bank’s foundation invested more than $460,000 in its communities through charitable giving to over 150 nonprofit organizations in Rhode Island, Massachusetts, New York, Connecticut and Vermont from July to September.
“By supporting nonprofit organizations across Rhode Island, we’re helping to ensure resources, opportunities and support reach the people who need them the most,” said Will Tsonos, president of the bank’s Rhode Island region. “Thriving communities are built through collaboration, compassion and local leadership.”
Examples of nonprofits in Rhode Island that received funding in the third quarter include:
- Clothes to Kids Rhode Island
- Operation Stand Down Rhode Island
- Rhode Island College Foundation
- Rhode Island Oral Health Foundation
- Southside Community Land Trust
“Community partnerships are central to how we make a positive impact at Beacon Bank,” said Patricia Saracino, vice president, community relations. “Working alongside local nonprofits allows us to support programs and services that improve lives, strengthen neighborhoods and help communities thrive.”
Beacon Bank invests in the success and vibrancy of its local communities by supporting programs and organizations that focus on one of three areas: neighborhood revitalization and preservation, education and critical services.
Learn more by visiting the Community Support page on our website.
In all, 23 of Beacon Bank’s 145 branches are in Rhode Island. They are in Cranston (4), Warwick (3), Providence (2), East Providence (2), Newport, Middletown, Coventry, East Greenwich, North Kingstown, Wakefield, Westerly, Johnston, Lincoln, Pawtucket, Smithfield and Woonsocket.
About Beacon Bank
Beacon Bank is a full-service, regional bank serving the Northeast and a subsidiary of Beacon Financial Corporation (NYSE: BBT). Headquartered in Boston, Massachusetts, the bank has $21.9 billion in assets and more than 145 branches throughout New England and New York. The company, through Beacon Bank, offers a full suite of tailored banking solutions including commercial, cash management, asset-based lending, retail, consumer and residential products and services. It also provides equipment financing through its Eastern Funding subsidiary, SBA lending through its 44 Business Capital division and private wealth services through Clarendon Private. To learn more, visit BeaconBank.com and follow Beacon on Facebook, Instagram, and LinkedIn.
