PITTSFIELD, Mass. — Greylock Federal Credit Union announced the promotion of two employees, Bob Maxwell to vice president of marketing services for Greylock Marketing Group and Anthony "Tony" Hyte to assistant
vice president of branch development.
"I'm thrilled to be announcing the promotion of these two individuals," said Greylock President and CEO Marilyn L. Sperling. "Bob has an exceptional talent for developing comprehensive, effective marketing strategies to meet the individual needs of each client, and we are confident his customer-focused approach will lead to ongoing success for the agency and its customers.
"Tony has been a tremendous asset to Greylock since joining the team, and his promotion is a reflection of his dedication. Tony's wealth of knowledge and commitment to outstanding service has been invaluable."
Maxwell worked in marketing for Greylock Federal since 2004 and directed the activities of subsidiary Greylock Marketing Group since its formation in 2008. In his new role, Maxwell will continue to lead the expansion of the full-service advertising agency, overseeing the development and implementation of direct marketing programs for a diverse and ever-growing client base. A nine-time CUNA Diamond Marketing Award winner, Maxwell has earned a national reputation as an outstanding marketing professional and has more than 25 years of advertising and marketing experience. Maxwell holds a Bachelor of Science degree in Communications and Public Relations from the Millersville University of Pennsylvania. He resides in Lanesborough with his wife, Julianne, and serves as on the Board of Directors of Downtown Pittsfield, Inc.
Hyte has more than 18 years of financial banking experience and has managed Greylock's Elm Street branch since joining the credit union in 2011. The branch has seen significant growth in many areas including member loyalty under Hyte's leadership. In his new role, Hyte will provide support to the organization through service-focused initiatives which will enhance the overall member experience. Hyte was previously a branch manager at Pittsfield Cooperative Bank and worked at Landmark Credit Union in the Business Development and Compliance areas. Hyte is an alum of Massachusetts College of Liberal Arts and graduated from the New England School of Financial Studies at Babson. Hyte is president of the Board of Directors of United Cerebral Palsy Association of Berkshire County. He resides in Hinsdale with his wife, Leslie, and their two children, Brandon and Alea.
PITTSFIELD, Mass. (PRNewswire) — Berkshire Hills Bancorp Inc. (NYSE: BHLB) held its annual meeting of shareholders on Thursday, May 9, in Pittsfield.
Chairman, President and CEO Michael P. Daly summarized Berkshire's accomplishments in 2012. They included strong organic growth and team recruitment, along with the acquisitions of CBT and Beacon Federal. The year's initiatives produced improved profitability and resulted in a 29 percent increase in core earnings per share. Berkshire's 2012 stock returns exceeded 10 percent, and the quarterly cash dividend was increased by 6 percent, providing a yield of over 3 percent. Daly concluded with a summary of the encouraging prospects for Berkshire's further growth and development.
Shareholders approved all proposals which were presented at the meeting. These included:
The election of three existing directors to new three-year terms: John B. Davies; Rodney C. Dimock; and J. Williar Dunlaevy
The election of one new director to a three-year term: Laurie Norton Moffatt
Approval of the Berkshire Hills Bancorp Inc. 2013 Equity Incentive Plan
Approval of a non-binding proposal to give advisory approval of the company's executive compensation
Ratification of the selection of PricewaterhouseCoopers LLP as the company's independent registered public accounting firm for fiscal 2013
Berkshire Hills Bancorp is the parent of Berkshire Bank. The company has approximately $5.2 billion in assets and 73 full service branch offices in Massachusetts, New York, Connecticut and Vermont providing personal and business banking, insurance and wealth management services.
FORWARD LOOKING STATEMENTS
This document may contain forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. There are several factors that could cause actual results to differ significantly from expectations described in the forward-looking statements. For a discussion of such factors, please see Berkshire's most recent reports on Forms 10-K and 10-Q filed with the Securities and Exchange Commission and available on the SEC's website at www.sec.gov. Berkshire does not undertake any obligation to update forward-looking statements made in this document.
Bank of Canton Names Pittsfield Native as County's Lending Manager
PITTSFIELD, Mass. — Pittsfield native Debra Burchard was named regional lending manager for Bank of Canton and will cover all of Berkshire County.
Burchard handles real estate mortgage lending, including residential, construction, renovation, MassHousing programs, FHA mortgages, refinancing, jumbo loans, home equity programs, reverse mortgages and commercial loans throughout Berkshire County.
Burchard is a graduate of Pittsfield High School. Most recently, she was a mortgage originator for Hoosac Bank and also served in a similar capacity with the former Legacy Banks, working from Lee and covering South County. She began her sales career with General Electric Plastics in Pittsfield.
A real estate broker, Burchard is a member of the Berkshire County Board of Realtors, Berkshire Visitors Bureau and the Northern Berkshire United Way Allocation Committee. She lives with her family in Stamford, Vt.
"We are very pleased and excited that Debra has joined the mortgage team at the Bank of Canton," said Gary A. Premo, area sales manager for the Auburn office, where Burchard is based. "With the vast selection of mortgage products the Bank of Canton has to offer and her knowledge of mortgage lending, she will have the opportunity to provide her clients with a mortgage which best fits their needs at a very competitive rate."
Adams Community Bank Promotes 3 Employees, Adds A Hire
ADAMS, Mass. — Adams Community Bank promoted three of its employees — Amy Giroux, Doreen Descoteau and Janice Adams. Additionally, Donna Halton was hired as senior vice president of commercial lending.
"I am happy to announce the promotion of these three individuals who are all strong contributors to the success of our bank," said Charles P. O'Brien, president and chief executive officer. "I am also very pleased that Donna has joined our team, bringing with her over 30 years of banking expertise."
As chief culture officer, Giroux will continue to be responsible for the processes that ties together the bank's strategies and critical drivers with sales, marketing and employee development.
"Amy has been instrumental in shaping the framework of our corporate sales culture and leading our service team in providing our customers with extraordinary service," O'Brien said. "In recognition of her work in these areas, the designation of chief culture officer has been added to her long standing SVP, Retail title."
Giroux is also the first vice president of the Northern Berkshire United Way and a member of the Adams Finance Committee. She and her husband Alan reside in Adams and they have two grown children.
As branch officer, Descoteau will be responsible for the day-to-day sales and operations, branch sales and new business development of the Williamstown branch. She resides in Clarksburg with her husband John and they have two grown children.
"We are very pleased that Doreen, with nearly 25 years banking experience, will be leading our team in Williamstown," said O’Brien. "She has come full circle, having started her banking career in this very location and to now return in a leadership role is a great accomplishment."
As network and systems officer, Adams will oversee the implementation and administration of computer and telecommunication networks for the bank. Adams is certified in information systems security from the University of Phoenix. She resides in Adams.
"We are also thrilled for Janice," O'Brien said, "Her advancement within the company is a clear demonstration of her work ethic, dedication, performance and initiative."
Prior to joining Adams Community Bank, Halton was a portfolio manager and commercial credit manager at Hoosac Bank and she was vice president and commercial loan oOfficer at Berkshire Bank. She and her husband Michael reside in North Adams and have two grown children.
"We are delighted to welcome Donna," said O'Brien. "She has a long and successful record meeting the needs of business customers throughout Berkshire County. Her knowledge in commercial lending will help us further meet the growing needs of business owners and commercial borrowers in our market."
PITTSFIELD, Mass. — Greylock Federal Credit Union announced the hiring of three experienced banking professionals, which includes Paul Marchetti, Dianne Supranowicz and Donna Collins.
"The addition of these experienced professionals to our team supports Greylock’s focus on strengthening our credit union for the long term," said Marilyn Sperling, president of the credit union. "Our 70,000 members are counting on us to ensure that Greylock is built to last. We are honoring that obligation by emphasizing effective risk management practices, fiscal responsibility, and thorough training for all employees."
Marchetti joined the credit union as senior vice president and chief risk officer. Marchetti brings more than 20 years of experience in risk management, compliance and credit review. He worked for Citizens Financial Group in Rhode Island for 13 years, most recently as senior vice president and head of corporate regulatory compliance oversight. He previously held the position of vice president for corporate credit review at Fleet Financial Group in Boston. Marchetti began his career as a bank examiner with the Department of the Treasury and also worked with the FDIC. He brings broad experience in all aspects of commercial and retail banking including compliance, internal controls, credit, financial analysis, credit structuring, asset management, and special asset liquidation.
Marchetti earned his bachelor of science in business administration from the University of Rhode Island and an master's of business administration from Bryant University. Marchetti and his wife are relocating from Rhode Island to the Berkshires with their two children.
Supranowicz joined Greylock Federal Union as vice president and controller and brings 17 years of experience in all aspects of accounting, finance, and financial controls. Prior to joining Greylock, she held the position of vice president operations audit manager for Berkshire Bank, and was vice president and controller at Legacy Banks.
Supranowicz holds a bachelor of science in accounting and finance from Massachusetts College of Liberal Arts and has completed extensive training through the Massachusetts School of Financial Studies at Babson College and the Center for Financial Training. She is a 2004 graduate of the Senior Leadership Institute at Villanova University and University of Cincinnati. Supranowicz is also an active community volunteer, serving as board president of the Gladys Allen Brigham Community Center and served as a workplace campaign executive with the Berkshire United Way.
Collins will join the human resources team as the training and development director. She brings 15 years of banking experience, including her most recent position as human resources officer at Berkshire Bank and a prior role as training and performance officer at Legacy Banks. In those positions she created, developed and administered training programs and supported human resource functions. Collins will support Greylock's management team in developing training programs to ensure compliance and enhance customer service. She will also oversee new employee onboarding programs.
Collins received a bachelor of arts from the University of Massachusetts in Amherst and is a member of Berkshire Business and Professional Women.