Last $8.24 USD
Change Today +0.09 / 1.10%
Volume 11.1K
As of 8:10 PM 08/29/14 All times are local (Market data is delayed by at least 15 minutes).

berkshire bancorp inc (BERK) Snapshot

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08/8/14 - $8.28
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11/15/13 - $6.87
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berkshire bancorp inc (BERK) Details

Berkshire Bancorp Inc. operates as the bank holding company for The Berkshire Bank that provides community banking services primarily to businesses, professionals, and retail customers. The company offers various deposit products, including statement savings accounts, NOW accounts, money market deposits accounts, checking accounts, and certificates of deposit. Its loan portfolio comprises commercial mortgage loans secured by office buildings, retail establishments, multi-family residential real estate, and other types of commercial property; commercial loans offered to businesses for inventory financing, working capital, machinery and equipment purchases, expansion, and other business purposes; and residential mortgage loans secured by first liens on one-to-four family owner-occupied or rental residential real estate, as well as residential single family construction loans, home equity loans and lines of credit, and short-term fixed-rate consumer loans. The company also offers title insurance agency services; and acts as a qualified intermediary in connection with tax free exchanges under Section 1031 of the Internal Revenue Code of 1986. It operates through seven deposit-taking offices in New York City; four deposit-taking offices in Orange and Sullivan counties, New York; and one deposit taking office in Teaneck, New Jersey. The company was founded in 1979 and is based in New York, New York.

berkshire bancorp inc (BERK) Top Compensated Officers

Director, Chief Executive Officer of The Berk...
Total Annual Compensation: $865.7K
Chief Financial Officer of The Berkshire Bank...
Total Annual Compensation: $253.7K
Compensation as of Fiscal Year 2012.

berkshire bancorp inc (BERK) Key Developments

Berkshire Bancorp Inc.(OTCPK:BERK) dropped from NASDAQ Composite Index

Berkshire Bancorp Inc. will be removed from NASDAQ Composite Index.

Berkshire Bancorp Files Form 15

Berkshire Bancorp Inc. has announced that it has filed a Form 15 with the Securities and Exchange Commission to voluntarily deregister its Common Stock, par value $0.10 per share under the Securities Exchange Act of 1934, as amended.

Berkshire Bancorp Inc. Declares Cash Dividend, Payable on December 20, 2013

Berkshire Bancorp Inc. announced that its Board of Directors has declared a cash dividend in respect of the common stock of the Company, in the amount of $0.08 per share. The cash dividend will be paid on December 20, 2013 to the holders of record of the Company's common stock as of the close of business on December 10, 2013.


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