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October 08, 2015 2:11 PM ET


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





Key Executives for Berkshire Bank

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

Berkshire Bank Key Developments

Berkshire Bank Announces Management Appointments

Berkshire Bank named five personnel to lead its wealth management team. Richard Bleser was named senior vice president, chief investment officer. He will lead Berkshire's investment portfolio management efforts. Bleser has been SVP portfolio manager at Berkshire Bank since 2010. Jason Edgar was named senior vice president, wealth portfolio manager and regional leader for New England. He joined the bank as senior portfolio manager in 2014. Mary Ellen Cologero was appointed senior vice president, wealth portfolio manager and regional leader for New York. She previously served as senior portfolio manager. Janice Ward was named first vice president, wealth adviser and senior fiduciary officer. She has served as wealth adviser and senior fiduciary officer since joining the bank in 2012. Elizabeth Gore was appointed first vice president, trust operations and compliance. She currently manages the bank's Lenox wealth management office. All appointments are effective immediately.

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.

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