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BRKL - Brookline Bancorp, Inc. ()

Overview

Company Summary


Brookline Bancorp, Inc., commonly known as Brookline Bank, is a financial holding company based in Boston, Massachusetts. The company operates through its subsidiary banks, namely Brookline Bank, First Ipswitch Bank, and Bank Rhode Island.

Brookline Bank offers a range of commercial, business, and consumer banking services through its network of branches and ATMs. They provide various types of lending solutions, including commercial loans, mortgages, home equity lines of credit, and personal loans. The bank also offers deposit products such as checking and savings accounts, certificates of deposit, and money market accounts.

Furthermore, Brookline Bank caters to the banking needs of small to mid-sized businesses, property management companies, condominium associations, and non-profit organizations. They provide specialized services like treasury and cash management, merchant services, and commercial real estate financing.

Apart from traditional banking services, Brookline Bank also offers investment management and trust services through its subsidiary, Brookline Investment Services. They assist individuals and businesses in managing their assets, retirement planning, and provide customized investment solutions.

Bank Rhode Island, another subsidiary of Brookline Bancorp, focuses on serving customers in Rhode Island with a comprehensive range of banking products and services similar to those offered by Brookline Bank.

Overall, Brookline Bancorp, Inc. and its subsidiaries are primarily engaged in providing banking, lending, and related financial services to individuals, businesses, and organizations in their respective markets.

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