August 21, 2014 10:09 PM ET

Banks

Company Overview of Berkshire Bank

Company Overview

Berkshire Bank offers banking, loans, insurance, investment, and wealth management services for personal and business customers. The company also provides deposit insurance protection for deposit accounts. Berkshire Bank was formerly known as Berkshire County Savings Bank and changed its name to Berkshire Bank in May 1997. The company was founded in 1846 and is based in Pittsfield, Massachusetts. It has branch offices in Massachusetts, New York, Vermont, and Connecticut. Berkshire Bank operates as a subsidiary of Berkshire Hills Bancorp Inc.

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
Age: 53
Chief Financial Officer
Age: 54
Vice President and Chief Accounting Officer
Senior Vice President and Audit & Compliance Manager
Chief Human Resources Officer and Executive Vice President
Age: 61
Compensation as of Fiscal Year 2014.

Berkshire Bank Key Developments

Berkshire Bank Announces the Opening of its New Dalton Branch

Berkshire Bank, a subsidiary of Berkshire Hills Bancorp, has announced the opening of its new Dalton branch at 488 Main Street. The new location offers more space within the branch and features a drive-up teller, an ATM drive-up and walk-up, and more convenient parking with the same friendly staff. The Dalton office will be managed by branch officer, Dana Robb. The Dalton Branch offers a network of financial services including personal and business banking, consumer lending, Berkshire Insurance Group, and Berkshire Wealth Management.

Berkshire Bank Announces Board Changes

On June 27, 2014, Lawrence A. Bossidy retired from the Boards of Directors of Berkshire Bank, effective immediately. On June 27, 2014, William J. Ryan was appointed as Chairman of the Boards of Directors of the Bank. Mr. Ryan previously served as Chairman of the Board and Chief Executive Officer of TD Banknorth Inc. from 1989 through 2007. He currently serves as Chairman of the Board of Directors of Unum Group and is a member of the Board of Directors of Wellpoint Inc.

Berkshire Bank Promotes Lori Gazzillo to the Position of Vice President and Director of the Berkshire Bank Foundation

Berkshire Bank has promoted Lori Gazzillo to the position of vice president and director of the Berkshire Bank Foundation. She has served for the past year as the Foundation's Assistant Director. Gazzillo has assumed the Foundation's key leadership role with the retirement of Peter Lafayette as former Director after eight years of service on December 31, 2013. Lafayette will continue in an advisory capacity. Gazzillo joined Berkshire Bank in July 2011 from Legacy Banks after Berkshire Bank and Legacy joined together. While at Legacy, Gazzillo served as vice president, community relations where she was responsible for overseeing the company's charitable giving, marketing and public relations activities. Along with her position with the Bank's Foundation, she has also been Assistant vice president of community relations/CRA officer. Gazzillo serves on the Board of Directors of the Berkshire Chamber of Commerce, Multicultural BRIDGE and Berkshire Business and Professional Women. In her new position, Gazzillo will oversee the Bank's two Foundations, which provide grants to non-profit organizations in the communities served by Berkshire Bank.

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