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September 02, 2015 12:04 PM ET

Banks

Company Overview of Berkshire Bank

Company Overview

Berkshire Bank provides banking services to individuals and businesses. The company offers checking, savings, certificates of deposit, and municipal accounts. Its lending lines include personal, mortgage, home equity, vehicle, and other consumer loans; and assets based lending, express lines and loans, time notes, term loans, lines of credit, real estate loans, and letters of credit. The company also provides insurance products and services; and consulting services related to investments and wealth management. In addition, it offers cash management services that include online banking, bill payment, payroll, ACH origination, and automatic interest bearing sweep services; and overdraft protec...

24 North Street

P. O. Box 1308

Pittsfield, MA 01202-1308

United States

Founded in 1846

Phone:

413-443-5601

Fax:

413-443-3587

Key Executives for Berkshire Bank

Chief Executive Officer, President, Director and Director of Berkshire Hills Bancorp, Inc,
Age: 54
Vice President and Chief Accounting Officer
Senior Vice President and Audit & Compliance Manager
Chief Human Resources Officer and Executive Vice President
Age: 62
Senior Financial Advisor of Wealth Management Group
Compensation as of Fiscal Year 2015.

Berkshire Bank Key Developments

Berkshire Bank Appoints Carin Urban as Vice President and Regional Branch Manager

Carin Urban has been hired as vice president and regional branch manager for Berkshire. She will be working out of the bank's regional headquarters at 41 State St. in Albany. Before coming to Berkshire, Urban worked for Key Bank as an area retail leader. At Key she oversaw thirteen retail locations, including branch sales and business development. Urban will manage the Capital North region retail banking team for Berkshire. That includes branches on Wolf Road, Clifton Park, Colonie, Glenville, Halfmoon, Latham, Little Falls, Loudonville, Niskayuna and Rotterdam, among others.

Berkshire Hills Bancorp Inc. and Berkshire Bank Announce Management and Board Changes

On April 23, 2015, John W. Altmeyer retired from the Boards of Directors of Berkshire Hills Bancorp Inc. and Berkshire Bank. On April 23, 2015, Glenn S. Welch, age 52, was confirmed by the company and the Bank as Executive Vice President. Mr. Welch previously served as President and Chief Executive Officer of Hampden Bancorp Inc. and Hampden Bank, which were acquired by the Company and the Bank on April 17, 2015. Mr. Welch served as an executive officer of Hampden Bancorp Inc. and Hampden Bank in multiple capacities beginning with his initial employment by Hampden Bank in 2001, culminating in his appointment as President and Chief Executive Officer in 2013. On April 23, 2015, Thomas R. Burton and Richard D. Suski were each appointed to the Boards of Directors of the company and the Bank. Mr. Burton is a former member of Hampden Bancorp Inc.'s Board of Directors. Mr. Burton served as the Chief Executive Officer of Hampden Bancorp and Hampden Bank from 1994 until his retirement in December 2012 and as the President of Hampden Bancorp and Hampden Bank from 1994 to 2011. Mr. Burton has been appointed to the Audit Committee and Compliance/Regulatory Committee of the Board of Directors of the company. Mr. Burton fills the vacancy created by the retirement of Mr. Altmeyer from the Board of Directors. Mr. Suski is a retired principal of RDS Associates, a position he held from 1991 through 2005. Prior to his work with RDS Associates, Mr. Suski was Partner-in-Charge of Financial Institutions of the Hartford, Connecticut office of KPMG LLP.

Berkshire Hills Bancorp, Inc. and Berkshire Bank Appoint Paul T. Bossidy to the Boards of Directors

On March 19, 2015, Paul T. Bossidy was appointed by the Boards of Directors of Berkshire Hills Bancorp Inc. and Berkshire Bank to serve for a term to expire at the company’s 2017 Annual Meeting of Stockholders and the Bank’s 2015 Annual Meeting of Stockholders. Mr. Bossidy is President and Chief Executive Officer of Patripabre Capital LLC.

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