BOSTON – Berkshire Hills Bancorp Inc., the parent company of Berkshire Bank, and Brookline Bancorp Inc., the parent company of Brookline Bank, Bank Rhode Island and PCSB Bank, announced on Aug. 25 they have received all required regulatory approvals to complete their proposed merger of equals, clearing the way for the launch of a new combined entity that will be known as Beacon Financial Corp.

Regulatory clearance came from the Federal Reserve Board, along with banking regulators in Massachusetts, Rhode Island and New York. PBN Branded Content

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