Commercial banker in Springfield and Hartford among BusinessWest’s 40 Under Forty honorees 

SPRINGFIELD, Massachusetts, April 28, 2026 — Beacon Bank is pleased to announce that Steven Costa, commercial banker in the bank’s Springfield & Hartford region, has been recognized for his outstanding leadership with a 40 Under Forty Award for 2026 by BusinessWest.

Based in Springfield, Massachusetts, Costa manages a multimillion-dollar commercial and industrial (C&I) loan portfolio, supporting clients and businesses across Western Massachusetts and the Hartford, Connecticut, area. During his nearly seven years with Beacon Bank, he has earned multiple promotions and is widely regarded for his disciplined approach, financial expertise and commitment to client success.

BusinessWest’s 40 Under Forty Awards celebrate young business and civic leaders throughout Western Massachusetts who are recognized as role models for their peers based on professional achievement, leadership, and a strong commitment to community involvement. Costa and the other 2026 honorees will be recognized at a BusinessWest awards event on June 11 in Springfield.

“Steve’s leadership, professionalism and dedication to his clients, colleagues and the community truly set him apart,” said Jim Hickson, president of Beacon Bank’s Springfield & Hartford region. “He brings an unmatched level of enthusiasm and expertise to everything he does, and this recognition is a well‑deserved reflection of the impact he makes every day.”

A resident of Feeding Hills, Massachusetts, Costa has nearly 10 years of experience in commercial banking and holds his Certified Public Accountant (CPA) designation. He is actively engaged in the local community, serving on the Square One Finance Committee, the St. George Greek Orthodox Cathedral Audit Committee, and the Executive Leadership Committee for the American Cancer Society’s Massachusetts Golf Tournament.

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.

Media Contact:
Alison Skratt, Corporate Communications
[email protected]
413.769.6007