Beacon Financial Corporation
BBT
$28.29
-$0.27-0.95%
NYSE
Corporate Info
Phone Number
617 425 4600
Address
131 Clarendon Street
Boston, MA 02116
Boston, MA 02116
Country
United States
Year Founded
1846
Details
Sector
Financials
Industry
Banks
Employees
2,011
Business Description
Beacon Financial Corporation operates as the bank holding company for Beacon Bank & Trust that provides various banking services in the United States and internationally. The company accepts commercial, municipal, and retail deposits. It originates mortgage loans on commercial and residential real estate, as well as commercial loans and leases. It is also involved in investment in debt and equity securities; and offers cash management, trust, and investment advisory services. In addition, the company provides specialty equipment financing and SBA lending, and online and mobile banking services, as well as wealth management services to individuals, families, endowments, and foundations. Beacon Financial Corporation was founded in 1846 and is headquartered in Boston, Massachusetts.