Beacon Bank Directed Over $460,000 to More Than 150 Nonprofits

Beacon Bank and its foundation directed more than $460,000 to community groups from July through September. The money went to over 150 nonprofit organizations in Vermont, New York, Connecticut, Rhode Island and Massachusetts.

James J. Morris IV, president of the bank in Vermont, said the region's strength comes from the people and groups working daily to improve where they live and work. He added that the bank is committed to supporting nonprofits that create opportunities, meet critical needs and make a lasting difference in the communities it serves.

Among the recipients of the third-quarter funding were the Council on Aging for Southeastern Vermont Incorporated, Rutland Neighbors Inc., Stratton Mountain School & Ski Foundation Inc., VNA & Hospice of the Southwest Region Inc. and Wonderfeet Kids Museum. The bank's charitable giving targets three areas: neighborhood revitalization and preservation, education and critical services.

Beacon Bank, formerly known as Berkshire Bank, operates five branches in Vermont, located in Manchester, Rutland, Arlington and Ludlow. The bank is a subsidiary of Beacon Financial Corporation (NYSE: BBT), headquartered in Boston, Massachusetts, with $21.9 billion in assets and more than 145 branches across New England and New York.