Beacon Federal
| Status: | Inactive as of 10/19/2012 |
| Merger - Without Assistance | |
| Successor Bank: | Berkshire Bank |
| Headquarters: | Beacon Federal 6611 Manlius Center Road East Syracuse, NY 13057 |
| Established: | 01/30/1953 |
| FDIC Insurance: | 07/01/1999 |
| FDIC Cert: | #35329 |
| Charter Class: | Savings banks, state charter, supervised by the FDIC |
| Total Assets: | $911,054,000 |
| Total Deposits: | $636,962,000 |
History
| 1953-01-30 | Institution established but was not FDIC insured. Original name: Beacon Federal Credit Union | |
| 1999-07-01 | Changed name to Beacon Federal | |
| 1999-07-01 | Became FDIC insured. | |
| 1999-07-01 | Changed organization type to MUTUAL SAVINGS BANK | |
| 2000-11-28 | Acquired CANEY FORK COOPERATIVE CREDIT UNION (36308) in MCMINNVILLE, TN | |
| 2001-07-31 | Acquired PROFESSIONAL TEACHERS CREDIT UNION (52051) in MCMINNVILLE, TN | |
| 2003-02-13 | Acquired SALT CITY HOSPITAL FEDERAL SAVINGS AND LOAN (48954) in SYRACUSE, NY | |
| 2004-01-22 | Changed organization type to STOCK SAVINGS BANK | |
| 2006-12-21 | Changed organization type to MUTUAL SAVINGS BANK | |
| 2006-12-29 | Reorganized. | |
| 2007-10-01 | Changed organization type to STOCK SAVINGS BANK | |
| 2011-07-21 | Changed primary regulatory agency from NATIONAL CREDIT UNION ASSOCIATION to COMPTROLLER OF THE CURRENCY | |
| 2012-10-19 | Merged into and subsequently operated as part of Berkshire Bank (23621) in PITTSFIELD, MA | |
| 2014-07-01 | Acquired Berkshire Bank Municipal Bank (58097) in ALBANY, NY | |
| 2014-07-11 | Changed organization type to TRUST COMPANY | |
| 2014-07-11 | Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS | |
| 2015-04-18 | Acquired Hampden Bank (90283) in SPRINGFIELD, MA | |
| 2016-12-02 | Reorganized. | |
| 2016-12-03 | Acquired First Choice Bank (58471) in LAWRENCEVILLE, NJ | |
| 2017-10-13 | Acquired Commerce Bank & Trust Company (17484) in WORCESTER, MA | |
| 2019-05-17 | Acquired Savings Institute Bank and Trust Company (18214) in WILLIMANTIC, CT |