Beacon Bank and the bank’s foundation invested nearly $600,000 in its communities through charitable giving and sponsorships to over 130 nonprofit organizations in Rhode Island, Massachusetts, New York, Connecticut and Vermont from January to March.

“Our commitment to giving back is rooted in the communities we serve every day,” said Will Tsonos, president of the bank’s Rhode Island region. “These partnerships help address real needs and build a stronger future and better quality of life for the people we serve.”

Examples of nonprofits that received funding in the first quarter include:

• Adoption Rhode Island
• College Visions
• Community Care Alliance
• Inspiring Minds
• The Miriam Hospital Foundation

“At Beacon Bank, community relationships are at the heart of everything we do,” said Patricia Saracino, vice president, community relations. “Our partnerships with local nonprofits help create pathways to opportunity and lasting positive impact across Rhode Island.”

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 $24 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. 

PHOTO: Adoption Rhode Island, where Beacon Bank’s Director of Retail Banking Steven Parente (photo) is president of the board, was one of the nonprofits the bank invested in during the first quarter in the Ocean State.