88
92
Growth Score
-1 pts
Heat Score
8 pts
Company Performance Metrics
Score
Trend
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Growth Score - The measure of growth based on company activity, operational metrics, and investments
Growth Trend - The change in the growth score over the given time period
Heat Score - The measure of the market interest, media activity, and Crunchbase profile activity
Heat Trend - The change in the heat score over the given time period
Recent Milestones
Raised Funding Round
Jan 1, 1970
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Raised Funding Round
Jan 1, 1970
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89054
Beacon Bank is a state-chartered commercial bank that served the local community for over a century.
- Paul Perrault: President and Chief Executive OfficerPast Role: Brookline Bank, Chief Executive Officer
- Gary Levante: Chief Marketing OfficerPast Role: Beacon Financial Corporation, Chief Communication & Sustainability Officer
About the Company
Beacon Bank is a state-chartered commercial bank that served the local community for over a century. The bank offered a range of services, including personal and business banking, with branches in Shorewood, Excelsior, Eden Prairie, and Duluth.
In 2016, Beacon Bank was acquired by Alerus Financial, a North Dakota-based financial services company,
as part of Alerus' expansion into Minnesota. This acquisition included Beacon's assets and customer base, marking the end of Beacon Bank's independent operations.
