Berkshire Bank

Berkshire Hills Bancorp Bolsters Commercial & Private Banking Franchise

Retrieved on: 
Thursday, March 21, 2024
Private, Growth, EVP, Health, Commercial, Senior, Private banking, Former, Berkshire Bank, Tutoring

BOSTON, March 21, 2024 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, a relationship-driven, community-focused bank with financial centers in New England and New York, is pleased to welcome Torrance Childs, former President of Private Banking at Boston Private Bank & Trust, to the Company as Chief Commercial Deposit Officer.  

Key Points: 
  • Torrance Childs, Former President of Private Banking at Boston Private, 40-Year Boston Banking Veteran, Joins Berkshire to Accelerate Client Growth & Experience
    BOSTON, March 21, 2024 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, a relationship-driven, community-focused bank with financial centers in New England and New York, is pleased to welcome Torrance Childs, former President of Private Banking at Boston Private Bank & Trust, to the Company as Chief Commercial Deposit Officer.
  • In his new role, Childs will focus on delivering personalized service, customized solutions and an integrated platform across commercial and private banking.
  • He will report to Jim Brown, Senior EVP, Head of Commercial and Private Banking.
  • Childs will work closely with the Private Banking team, led by Managing Director Beth Mineo, and the commercial leadership team.

Pathfinder Bancorp Announces Agreement to Acquire East Syracuse Branch

Retrieved on: 
Monday, March 4, 2024
Acquisition, Berkshire Bank, Work, Sale, Dowd, System, LLP, Pathfinder, Trust, Bank

OSWEGO, N.Y., March 04, 2024 (GLOBE NEWSWIRE) -- Pathfinder Bancorp, Inc. (“Pathfinder”) (NASDAQ: PBHC) has announced the signing of a branch purchase and assumption agreement pursuant to which Pathfinder Bank will acquire the East Syracuse, New York branch of Berkshire Bank, located on 6611 Manlius Center Road.

Key Points: 
  • OSWEGO, N.Y., March 04, 2024 (GLOBE NEWSWIRE) -- Pathfinder Bancorp, Inc. (“Pathfinder”) (NASDAQ: PBHC) has announced the signing of a branch purchase and assumption agreement pursuant to which Pathfinder Bank will acquire the East Syracuse, New York branch of Berkshire Bank, located on 6611 Manlius Center Road.
  • The purchase of the branch by Pathfinder is subject to regulatory approval, associated system conversions, and satisfaction of certain customary closing conditions.
  • James A. Dowd, President and Chief Executive Officer of Pathfinder Bancorp, Inc and Pathfinder Bank, stated, “We are pleased to enter into this agreement with Berkshire Bank.
  • We warmly welcome the existing customers of the East Syracuse branch, offering an extensive product set and a network of 11 additional regional branch locations for their banking needs.

Office Properties Income Trust Announces $425 Million Amended and Restated Secured Credit Facilities

Retrieved on: 
Monday, January 29, 2024
Construction & Property, REIT, Bank of America, Barclays, OPI, PNC Financial Services, First Horizon Bank, First Hawaiian Bank, Associated Banc-Corp, Facility, BofA Securities, UBS AG, Berkshire Bank, Royal Bank, Citibank, Regions Financial Corporation, Wells Fargo, Bank, UBS, Commercial bank, Sumitomo Mitsui Banking Corporation, Royal Bank of Canada, National Association, Security (finance)

Office Properties Income Trust (Nasdaq: OPI) today announced that it has entered into a second amended and restated secured credit agreement that governs its new $325 million secured revolving credit facility and $100 million secured term loan, or the Facilities.

Key Points: 
  • Office Properties Income Trust (Nasdaq: OPI) today announced that it has entered into a second amended and restated secured credit agreement that governs its new $325 million secured revolving credit facility and $100 million secured term loan, or the Facilities.
  • OPI has a one-year extension option for the $325 million secured revolving credit facility, subject to the payment of an extension fee and satisfaction of certain other customary conditions.
  • The Facilities are secured by 19 office properties with a gross carrying value of $942 million.
  • The Facilities replace OPI’s previous $750 million unsecured revolving credit facility that was scheduled to mature on January 31, 2024.

TA Realty Appoints Allison O’Rourke and David Buxbaum as Partners

Retrieved on: 
Wednesday, September 27, 2023
REIT, Finance, Professional Services, Commercial Building & Real Estate, Construction & Property, Heart, University, Senior, Culture, Partner, Computation, Ernst & Young, Business, NYSE Euronext, TA, Babson College, Berkshire Bank, American Institute of Certified Public Accountants, Certified Public Accountant, Triple accreditation, Goldman Sachs, Business administration, MIT Sloan School of Management, Religious studies, Ernst, Growth, Massachusetts Institute of Technology, American Institute, Smith College, Prologis, Management, Economics, Buxbaum

O’Rourke and Buxbaum have positively contributed to TA Realty’s growth and culture during their respective tenures and have been instrumental in advancing the firm’s investment strategies.

Key Points: 
  • O’Rourke and Buxbaum have positively contributed to TA Realty’s growth and culture during their respective tenures and have been instrumental in advancing the firm’s investment strategies.
  • TA Realty views its data center platform as a significant growth vehicle and has focused on investing in and developing hyperscale sites in core markets across the United States.
  • As Partners, O’Rourke and Buxbaum will continue to lead the way in further scaling TA Realty’s data center portfolio and overseeing the firm’s asset management and marketing functions in this asset class.
  • Prior to joining TA Realty, Buxbaum served as a Vice President, Regional Manager at AMB Property Corporation.

Berkshire Hills Bancorp Appoints Mary Anne Callahan as New Independent Director

Retrieved on: 
Thursday, September 14, 2023
Piper Sandler Companies, Berkshire Bank, Orientation, Berkshire, Capital, Risk management, Professional Football Compensation Committee, NYSE, Compensated emancipation, Holding company, Management

BOSTON, Sept. 14, 2023 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, a leading socially responsible community bank with financial centers in New England and New York, announced the election of Mary Anne Callahan to the Board of Directors of the Company and its wholly-owned subsidiary Berkshire Bank effective September 13, 2023.

Key Points: 
  • BOSTON, Sept. 14, 2023 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, a leading socially responsible community bank with financial centers in New England and New York, announced the election of Mary Anne Callahan to the Board of Directors of the Company and its wholly-owned subsidiary Berkshire Bank effective September 13, 2023.
  • Ms. Callahan has extensive investment banking expertise including advising bank clients on strategy, capital management and merger and acquisitions.
  • Upon her election, Ms. Callahan was determined to be an independent director and appointed to the Compensation Committee and the Risk Management, Capital and Compliance Committee of the Board.
  • "We are delighted to welcome Mary Anne to our Board of Directors," said Chairperson David M. Brunelle.

CrowdStrike Falcon Identity Protection Wins CRN’s 2023 Tech Innovator Award

Retrieved on: 
Tuesday, August 29, 2023
Technology, Mobile, Wireless, Online Privacy, Apps, Applications, Electronic Commerce, Other Technology, Telecommunications, IOT (Internet of Things), Software, Networks, Internet, Hardware, Data Management, Security, The Channel Company, Telemetry, XDR, Intelligence, Intelligence Identities Protection Act, Identity, Berkshire Bank, Microsoft, Tech, Active Directory, Access management, Pella (company), Falcon, Network Lateral Movement, Collection, Knowledge, AD, Cryptocurrency, Risk management, Online shopping, Medical imaging, CrowdStrike

CrowdStrike (Nasdaq: CRWD) today announced that CrowdStrike Falcon ® Identity Protection won the 2023 CRN Tech Innovator award as the best solution in the Identity and Access Management category.

Key Points: 
  • CrowdStrike (Nasdaq: CRWD) today announced that CrowdStrike Falcon ® Identity Protection won the 2023 CRN Tech Innovator award as the best solution in the Identity and Access Management category.
  • CrowdStrike Falcon Identity Protection stood out from the competition for bringing together world-class endpoint protection and real-time identity protection to effectively combat modern threats.
  • CrowdStrike Falcon Identity Protection helps customers stop identity-based attacks in real time with key features including:
    Unified Security Platform with a Single Agent: As part of the industry-leading CrowdStrike Falcon platform , CrowdStrike Falcon Identity Protection uses the same single, lightweight agent used for endpoint protection, XDR, cloud workload protection and more.
  • To see how customers have benefited from deploying CrowdStrike Falcon Identity, read the following case studies with Berkshire Bank and Pella Corporation .

National Bank of Coxsackie Creates New VP/Business Banking Position to Provide Concierge Banking Services to Businesses

Retrieved on: 
Monday, May 22, 2023
Finance, Business, Banking, Professional Services, Small Business, Berkshire Bank, Multimedia, Mathes, National bank, Citizens Bank, KeyBank, Bank, Capital region

View the full release here: https://www.businesswire.com/news/home/20230522005027/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230522005027/en/
    Keven Mathes, National Bank of Coxsackie VP/Business Banker (Photo: Business Wire)
    The Business Banker for National Bank of Coxsackie will provide businesses and their owners in the Capital Region and surrounding areas with specialized concierge banking services.
  • Mathes comes to National Bank of Coxsackie with over 20 years of experience in the banking industry.
  • He joined National Bank of Coxsackie from Key Bank, where he was a Business Banking Relationship Manager in the Albany area.
  • National Bank of Coxsackie is committed to providing clients with the same products and services as the larger banks, while delivering them with a personal touch.

Berkshire Releases Environmental, Social & Governance (ESG) Report

Retrieved on: 
Wednesday, April 26, 2023
Private sector, Sustainable Business Network, Newsweek, Recognition, Berkshire Bank, Moody's Investors Service, Berkshire, BEST, Local government, Corporation, Sustainability Bonds, ESG, Bank, Social, SVP, NYSE, Corporate responsibility, Wellness, Cryptocurrency, Management, Woman

BOSTON, April 26, 2023 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, a leading socially responsible community bank with financial centers in New England and New York, announced the release of its 2022 Environmental, Social & Governance (ESG) Report, Purpose & Performance that Matters. The report highlights the totality of the Company's environmental, social and governance activities, its performance as well as its progress on its $5 billion BEST Community Comeback program. 

Key Points: 
  • BOSTON, April 26, 2023 /PRNewswire/ -- Berkshire Hills Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire Bank, a leading socially responsible community bank with financial centers in New England and New York, announced the release of its 2022 Environmental, Social & Governance (ESG) Report, Purpose & Performance that Matters .
  • The report highlights the totality of the Company's environmental, social and governance activities, its performance as well as its progress on its $5 billion BEST Community Comeback program.
  • "We believe where you bank matters and since our founding in 1846, Berkshire has been at the forefront of empowering our communities' financial potential," stated Gary R. Levante, SVP, Corporate Responsibility at Berkshire Bank.
  • Berkshire CEO Nitin Mhatre added, "Our purpose will continue to help power Berkshire on our path toward becoming a high-performing, leading socially responsible community bank in New England and beyond.

Amerant Bank Receives U.S. Small Business Administration’s Export Lender of the Year Award

Retrieved on: 
Tuesday, April 4, 2023
Small business, Financial Times Business Book of the Year Award, Berkshire Bank, Regions Financial Corporation, SBA, Growth, Real estate, Financial services, Amer Sports

The Export Lender of the Year Awards recognizes excellence in export financing.

Key Points: 
  • The Export Lender of the Year Awards recognizes excellence in export financing.
  • “At Amerant Bank, we are committed to helping provide access to capital to small business exporters in our markets.
  • In 2022, Amerant Bank provided more than $20 million in financing support to small business exporters through their use of the EWCP and Export Express programs.
  • “We are honored to recognize Regions Bank, Amerant Bank, and Berkshire Bank with the SBA’s Export Lender Awards for 2023.

REVISED: U.S. Small Business Administration Announces 2023 Export Lender Award Winners

Retrieved on: 
Tuesday, April 4, 2023
Small business, Partnership, Financial Times Business Book of the Year Award, Senior, Small Business Administration, Berkshire Bank, ITL, Regions Financial Corporation, Capital, Berkshire, Export, SBA, Growth, Bank, International, International trade, Real estate, Financial services, Amer International Group

Washington D.C., April 04, 2023 (GLOBE NEWSWIRE) -- Today Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA), announced its 2023 Export Lender of the Year Award winners for their efforts to increase access to capital for U.S. small businesses by providing international trade financing.

Key Points: 
  • Washington D.C., April 04, 2023 (GLOBE NEWSWIRE) -- Today Administrator Isabella Casillas Guzman, head of the U.S. Small Business Administration (SBA), announced its 2023 Export Lender of the Year Award winners for their efforts to increase access to capital for U.S. small businesses by providing international trade financing.
  • We are proud of the role each of these award-winning lending partners plays in supporting export activity.”
    The Export Lender of the Year Awards recognize excellence in export financing.
  • “Regions Bank is deeply committed to the success of small businesses,” said Caroline Taylor, head of Small Business Administration Lending for Regions Bank .
  • This is Berkshire Bank’s second Export Lender award as the institution was recognized as an Export Lender of the Year in 2019.