Berkshire Hills Bancorp

#5248

Rank

$1.22B

Marketcap

United States

Country

Leadership team

Mr. Nitin J. Mhatre (Pres, CEO & Director)

Mr. Sean A. Gray (Sr. EVP & COO)

Mr. George F. Bacigalupo (Exec. VP & Head of Commercial Banking)

Products/ Services

Banking, Financial Services

Number of Employees

1,000 - 20,000

Headquarters

Pittsfield, Massachusetts, United States

Established

1846

Company Registration

SEC CIK number: 0001108134

Net Income

100M - 500M

Revenue

100M - 500M

Traded as

BHLB

Social Media

URL

https://www.berkshirebank.com

Overview

Location

Recognition and Award

References

Summary

Berkshire Hills Bancorp, Inc. operates as the bank holding company for Berkshire Bank that provides various banking products and services. It offers various deposit accounts, including demand deposit, NOW, regular savings, money market savings, time certificates of deposit, and retirement deposit accounts; and loans, such as commercial real estate, commercial and industrial, consumer, and residential mortgage loans. The company also provides wealth management services comprising investment management, trust administration, and financial planning; and investment products, financial planning, and brokerage services. In addition, it offers electronic banking, commercial cash management, online banking, small business banking, asset based lending, and mobile banking services; and debit cards and other electronic fee producing payment services to transaction account customers. The company serves personal, commercial, non-profit, and municipal deposit customers. As of March 14, 2022, it operated 106 full-service branches in Massachusetts, New York, Connecticut, and Vermont. The company also has commercial banking offices in Providence, Rhode Island and New Haven, Connecticut. Berkshire Hills Bancorp, Inc. was founded in 1846 and is headquartered in Boston, Massachusetts.

History

Berkshire Hills Bancorp, the parent company of Berkshire Bank, was founded in 1952 inWestern Massachusetts. Today, the company has grown to become a publically traded company, providing banking solutions throughout Connecticut, Maine, Massachusetts, New Hampshire, New York, Rhode Island, and Vermont with 80 locations and more than $8 billion in assets.

Mission

We are proud to provide the outstanding level of personal service you expect from a local independent bank, while maintaining the comprehensive array of products and resources of a much larger institution.

Vision

Berkshire Hills Bancorp will be the number one bank in the hearts and minds of our customers, employees and communities.

Key Team

Mr. Gregory D. Lindenmuth (EVP & Chief Risk Officer)

Mr. Subhadeep Basu (Advisor)

Mr. Brett Brbovic (Sr. VP and Chief Accounting Officer & Interim Chief Financial Officer)

Mr. Kevin Conn (Sr. VP of Investor Relations & Corp. Devel.)

Mr. Wm. Gordon Prescott Esq. (EVP, Gen. Counsel & Corp. Sec.)

Ms. Ashlee Flores (Exec. VP & Chief Compliance Officer)

Alison Skratt (Head of Communications)

Recognition and Awards

Berkshire Bank has received many awards and recognition such as being named Top 10 Bank of the Future 2019, Top 50 Small-Business Friendly Banks in 2019, and Best Workplaces in Financial Services and Insurance 2018