Home About Archives RSS Feed

Berkshire Bank Buys Mortgage Corporation

PITTSFIELD, Mass. — Berkshire Bank on Tuesday said it had completed the acquisition of the business model, expertise and certain other assets of Greenpark Mortgage Corp. of Needham.

As the part of this transaction, Berkshire will maintain Greenpark's entire mortgage lending team in Needham along with its two founders, Paul Gershkowitz and Patty O'Meara, who will continue to provide leadership as first vice presidents of Berkshire Bank.

Michael P. Daly, Berkshire's president and chief executive officer stated,

"We are so pleased to bring the well-regarded Greenpark team into the Berkshire Bank family," said Berkshire President and CEO Michael P. Daly. "This partnership enhances our residential lending capabilities and our efforts to expand our reach into eastern Massachusetts. We look forward to carrying on the solid practices, processes and customer service of Greenpark Mortgage, which have made them so successful and which complement well our culture of community mortgage lending."

Greenpark will operate as the Greenpark Mortgage Division of Berkshire Bank and will continue to serve as the home mortgage company of the Massachusetts Teachers Association. Greenpark was established in 2001 in Needham and now also operates offices in Quincy, Cambridge, Methuen, Tewksbury, Andover and Westborough. Its mortgage professionals are licensed in the New England states and Mississippi.

This is the latest acquisition of Berkshire Hills Bancorp., which added Rome Savings Bank of New York and Legacy Banks last year and Connecticut Bank & Trust last month. Berkshire Bank is the largest financial institution in Berkshire County.

0 Comments
     
News Headlines
Robinson Scores 13 in MCLA Women's Basketball Win
Colgrove Park Sixth-Graders Get to Teach Wave Science
Oh Crepe's Tiniest Stage Becoming Big Success
Lawmakers Discuss Balancing Budget Priorities At Pittsfield Senior Center
Williams Men's Hockey Sweeps Middlebury
PHS Looks to Add Four New AP Courses
Williams Provost Accepts President Position of Virginia College
Williamstown Library Receives $160,000 From Deceased Patron
Cultural Pittsfield This Week: Feb. 12-18
Red Cross Offers Tips for Keeping Safe in Frigid Weather

 


Bill Schmick separates the bull from the bears in his weekly columns on investing and market wrap-ups.



Categories:
advertising (10)
agriculture (1)
arts (7)
automotive (5)
awards (16)
banking (41)
Beacon (1)
broadband (1)
business (52)
chamber (25)
closing (5)
development (23)
dining (5)
domestic animals (2)
energy (6)
entertainment (2)
federal (4)
finances (5)
food (5)
fundraiser (3)
green (2)
grocery (5)
hospitality/hotel (5)
housing (0)
insurance (3)
investment (6)
jobs (35)
labor (17)
laws (4)
Legislature (3)
manufacturing (9)
media (8)
medical (4)
networking (33)
new (22)
pricing (1)
projects (2)
promotion (6)
publishing (13)
radio (2)
real estate (8)
retail (29)
technology (13)
training (5)
transportation (1)
volunteer (1)
website (2)
wholesale (7)
workshops (6)
Archives:
July 2015 (1)
Tags:
Williamstown Small Business Unemployment Pittsfield Berkshire Living Unemployment North Adams Expansion Statistics Berkshire Enterprises Sabic Wmeco Berkshire Chamber Of Commerce Great Barrington Walmart Adams Qualprint Statistics Talkberkshires Berkshire Creative Gas Prices Auction Baldwin Bj's State Social Media Jobs Breakfast Excelsior Store Opening Sales Tax Currency Merger Flood Crane & Co.
Popular Entries:
Berkshire Jobless Rates Drop
Bay State Continues to Add Jobs
Excelsior Brings Greeting Card Co. To North Adams
White Hart Inn For Sale for $5M
Williamstown Chamber Seeks Input on Future Role
New Dog Training Center Open in North Adams
Storey Publishing to Host Next Creative Challenge
Aladco Installs New 'Green' Washing Machine
Covanta's Pittsfield Facility Gets High Marks from OSHA
Adams Co-Op, South Adams Bank Merger Approved
Recent Entries:
Biz Briefs: Mr. Tire, Tax Holiday, Business Directory
Berkshire Eagle Parent Mulling Newspaper Sales
Digitial First Puts Vermont News Buildings on the Market
Berkshire Chamber, Neal Hosting Facebook for Business Workshop
Winstanley Wins Big at Annual ADDY Awards
Eggs & Issues Event Focuses on Rail Cars, Development
State Unemployement Rate Drops Slightly
New Biotech Firm Setting Up in Pittsfield
Crane Museum Opens Retail Store
License Commission Approves River Street Package Move