Berkshire Bank, established in 1845 and headquartered in Pittsfield, Massachusetts, operates as a commercial banking institution with 75 full-service offices across Western Massachusetts, Northeastern New York, and Southern Vermont. It offers a diverse range of banking products and services, including deposits, loans, cash management, insurance, wealth management, trust services, and investment products, catering to retail, commercial, not-for-profit, and municipal clients. The bank is organized into two main segments: Banking and Insurance, with its banking services encompassing both commercial and retail offerings. Additionally, Berkshire Bank supports the private equity sector in New England through its asset-based lending group, which provides senior debt working capital and term facilities. In 2014, the bank expanded its presence by acquiring 20 retail locations from Bank of America.
Chief Credit Officer, Finance and Executive Vice President
Robert Nichols
Senior Vice President
David Rosato
CFO
Khrystyna Volytska
Assistant Vice President
Past deals in Banks
Brookline Bank
Acquisition in 2024
Brookline Bank is a commercial bank that provides a range of financial and banking services. Its product offrerings include personal banking services such as checking and savings accounts, certificates of deposit, and retirement accounts, as well as lending options including residential mortgages and home equity lines of credit.
First Choice Bank
Acquisition in 2016
First Choice Bank is a commercial bank based in Lawrenceville, New Jersey, that began operations in 2007. The bank primarily serves Mercer County and surrounding areas in New Jersey, as well as Bucks County in Pennsylvania. It operates eight full-service locations and provides a range of financial services, including depository and loan facilities, mobile banking, personal checking, personal loans, overdraft services, and insurance products. Additionally, First Choice Bank is the parent company of First Choice Loan Services Inc., which has 12 loan production offices across six states and specializes in various loan programs, including FHA and VA loans, Jumbo loans, and refinancing options.
Hampden Bank
Acquisition in 2014
Hampden Bank, a community bank, provides personal and business banking services in Western Massachusetts.
Beacon Federal Bancorp
Acquisition in 2012
Beacon Federal Bancorp Inc. operates as the bank holding company for Beacon Federal that provides various financial services in New York, Massachusetts, Texas, and Tennessee. The company accepts non-interest and interest bearing checking accounts, savings accounts, certificates of deposit, NOW accounts, money market accounts, and individual retirement accounts.
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