Berkshire Hills, Brookline banks to join forces
Berkshire Hills Bancorp, the parent company of Berkshire Bank, and Brookline Bancorp, Inc. have agreed to a merger.
The combination of Berkshire and Brookline brings together two leading companies to create a premier Northeast financial institution.
Combined, they will hold $24 billion in assets and manage over 140 branches across five states.
Right now, Berkshire Hills operates over 80 branches across New England and New York, while Brookline manages several banks in New York, Massachusetts, and Rhode Island.
Customers will gain access to an expanded suite of financial products and services, a larger network of branches, more industry-leading experts and technology.
The combined company and bank will operate under a new name and new brand.
The merger is expected to close in the second half of 2025.
More: Brookline Bancorp, Inc.