Beacon Bank and its charitable foundation invested more than $2.6 million in nonprofit organizations in 2025, directing funding to more than 650 groups across Massachusetts, New York, Connecticut, Rhode Island and Vermont, according to a recent company announcement.

The funding supported organizations focused on neighborhood revitalization and preservation, education and critical services — areas the bank identified as key priorities for strengthening local communities.
“Local nonprofits are on the front lines of meeting real needs every day,” Elizabeth Mineo, president of the bank’s Worcester region, said in the announcement. “By helping fuel their work, we’re strengthening the fabric of the communities we’re proud to serve.”
Beacon Bank operates 11 of its 148 branches in Central Massachusetts, including four in Worcester, as well as locations in Holden, Leominster, Milford, Shrewsbury, Webster, Westborough and West Boylston.
The bank said its investments are aimed at supporting community development and expanding opportunities in the regions it serves.
“We believe thriving communities are built through collaboration and care,” Lori Kiely, director of the bank’s foundation and charitable giving, said in the announcement. “Supporting local nonprofits is important to us because it helps expand opportunity, strengthen connections, and create lasting positive change in the communities that Beacon Bank serves.”
Beacon Bank, headquartered in Boston, reports $24 billion in assets and operates more than 145 branches throughout New England and New York.
Have a story tip, community concern, or insight to share? Email Editor Charlene Arsenault at carsenault@theworcesterguardian.org.