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NBT Bank Gets Approval For Legacy Locations

Staff Reports
iBerkshires
NORTH ADAMS, Mass. — NBT Bank said on Monday that it has received regulatory approval for the acquisition of four banking locations in Berkshire County currently doing business under the Legacy Banks name.

The banking locations being acquired by NBT Bank are in Great Barrington at 700 Main St.; Lee at 76 Park St.; North Adams at 331 State Road, and Pittsfield at 609 Merrill Road. These bank offices will undergo a systems conversion during the fourth weekend in October and open to the public as offices of NBT Bank on Monday, Oct. 24, 2011. All current employees at these locations have been offered positions with NBT Bank.

"Receiving the final regulatory approval for our upcoming branch acquisition in Berkshire County is an important milestone in the acquisition process," said NBT Bank Director of Marketing Florence Doller. "We are now engaging the employees and customers of these bank offices as we prepare to welcome them into the NBT Bank family. We are confident that our focus on top-notch customer service and quality financial offerings will be received positively in Berkshire County."

Legacy Bancorp Inc. closed a number of branches as part of a merger with Berkshire Hills Bancorp Inc. (Berkshire Bank) earlier this year. The State Road branch opened in 2007 in the former Pizza Hut location. The bank was approved for signage at the location at the last Planning Board meeting.

NBT Bank, headquartered in Norwhich, N.Y., offers personal banking, asset management and business services through two NBT Bank and Pennstar Bank, with a network of 123 branches in three states. NBT Bank has 30 offices in New York's Capital Region and a total of 87 offices in upstate New York and northwestern Vermont. Pennstar Bank does business from 36 locations in northeastern Pennsylvania. NBT Bank's parent company, NBT Bancorp Inc., had assets of $5.3 billion as of June 30, 2011.
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