Grand opening for Braintree branch celebrates expansion in South Shore, eastern MA

 

BRAINTREE, Massachusetts, July 28, 2026 — Beacon Bank celebrated the grand opening Monday of its newest branch at 125 Union Street with a ribbon-cutting ceremony and celebration to mark its continued growth in eastern Massachusetts and expansion into the South Shore.

The newly built branch offers a full range of financial services, including personal and business banking, commercial lending, wealth management and mortgage lending. The location reflects the bank’s ongoing commitment to providing clients with local expertise, personalized service and comprehensive financial solutions close to home. Braintree is already home to one of Beacon bank’s three commercial lending centers in eastern Massachusetts.

“Braintree is a vibrant and growing town, and this new location enables us to deliver the local decision making, personalized guidance and full-service banking capabilities the community deserves,” said Darryl Fess, president of Beacon Bank’s Boston region.

“We’re very pleased to invest in this market and help more individuals, families and businesses achieve their financial goals,” Fess said. “It’s also an important milestone in our strategy to deepen relationships across eastern Massachusetts and establish a stronger presence in the South Shore.”

The location is led by Branch Manager Michael Dasaro, whose more than four decades of financial services experience and client-first approach have made him a trusted leader in the communities he serves. Assistant Branch Manager Nertila Terolli brings strong expertise and a commitment to delivering an exceptional client experience. Together, they lead a knowledgeable team focused on helping clients achieve financial well-being through personalized advice and responsive service.

The grand opening celebration welcomed community members, local business leaders, clients and prospects to meet the local team, as well as Beacon Bank executives, tour the new branch and learn more about Beacon Bank’s deep commitment to meeting local needs and investing in the communities it serves.

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 $22.2 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