Sign-up and post on Iberkshires today.It's Free!
Already a member? Log In
43°  H- 52%
The Berkshires online guide to events, news and Berkshire County community information.           
Saturday November 7, 2009
 Make us your homepage!
 

Sports


High School Football
11-07-09 - Hoosac Valley beats Drury.
More photo's on Monday
Thursday, Nov. 06

Boys' Soccer: State Vocational Championship Game
McCann Tech 3, Keefe Tech 2

Girls' Soccer: State Vocational Championship Game
Blackstone Valley 8, McCann Tech 0
Fall Basketball Clinics

Election

Barrett Reflects on Accomplishments with Capital News 9
Alcombright's Victory Speech

Which election's more important?
Pittsfield
North Adams
Neither, nothing will change
  
pollcode.com free polls

Trying to remember who won what and why? All the information is right here.

Daily Digest


This is Jake
He's been lost in Pittsfield for weeks but frequently sited. He was last seen heading toward the fire station on Peck's Road. He's tired, dirty and needs seizure medication. He's chipped. If you see him, call Julie at 413-537-5616, the vet 24/7 at 413-499-2820 or animal control at 413-448-9700.
How Much is Heating Oil this Week?
It's breaking $2.50 but still cheaper than gas.
Thanks to Gabriella Bond for sharing her memories of the Quincy Street house torn down last week.
Send press releases and announcements to info@iberkshires.com. Need to contact someone at iBerkshires? Here's how.

What's Playing


The popular anime character "Astro Boy" searches for acceptance on the big screen.


'Serious Man':
The Unbearable Lightness of Being Confounded
Movie schedules and times

Obituaries

Alice R. Filiault, 87
Lucille Burt, 92
More obituaries
Mary M. Hanlon, 82
George F. Sarrouf, 73

Sales Fliers

 
 

 

Bazaars

Nov. 7:

VNA & Hospice, Community Room, North Adams

North Adams Elks
10-4; Nov. 8, 9-2
Crafters, Chinese auction, bake sale
For vendor information, Melanie at 413-743-5562.

Nov. 14

Berkshire Community Church, Richmond
10-4; Crafters, bake sale. Contact Evelyn Goggia at 413-445-5747

Lanesborough Elementary School annual Fall Craft Fair from 10 to 4. Free admission, huge variety of arts and crafts, raffles, food and more. Proceeds go to sixth-grade trip to Cape Cod.

Vendors can contact Deb at 413-738-5349 or debhutton@aol.com or Lori at 413-499-0065 or lorittod@yahoo.com to secure a spot.

Dec. 12-13

North Adams Country Club, crafts 9-4; food from That's a Wrap from 11-2. Contact Sheryl Morehouse at 413-822-3329.

Planning a bazaar this season? Submit information to info@iberkshires.com to have it listed here.

 Search: 
 for    
Enter a long URL
to make tiny:


Related Stories

 
Printer Friendly Version
   Recommend this story to a friend

South Adams Savings Bank Says No to Federal Bailout Money

10:10AM / Friday, November 21, 2008

ADAMS, Mass. — South Adams Savings Bank (SASB) has no need to apply for participation in the U.S. Treasury Department’s Troubled Asset Relief Program (TARP) Capital Purchase Program. This program, established by the Emergency Economic Stabilization Act of 2008, was designed by Congress to assist banks that need to bolster their capital. TARP is managed by the U.S. Department of the Treasury and provides up to $250 billion in immediate funds to buy troubled mortgages and assets from financial institutions.

After extensive consideration, SASB’s Board of Trustees and management determined that the bank will not apply for TARP funds due to the bank’s financial strength, excellent asset quality, and stable capital base. SASB’s capital ratio is well above federal regulations and industry norms. Having never engaged in sub prime lending, SASB remains a bank rooted in its community, has a strong balance sheet, and continues to build long lasting relationships with its borrowers.

“We are a well-capitalized bank and we have determined that we do not need the additional capital offered by the TARP to meet the banking and borrowing needs of our customers, or our long-term strategic objectives,” said Charles O’Brien, president and chief executive officer. “In fact, we have plenty of money to lend to qualified borrowers.” O’Brien added, “we regularly assess risks within the industry and our market, and take the actions necessary so that we can ride out economic cycles such as the downturn that the nation is facing. Our customers expect this type of proactive planning from their local community bank as a way to provide stability for Berkshire County. At South Adams Savings Bank our top priority is to support our customers and earn their trust. We do this on a daily basis by making sound business decisions.”

Founded in 1869, South Adams Savings Bank is a state-chartered mutual savings bank with over $190 million in assets serving the residents of Berkshire County from offices in Adams, Cheshire, Williamstown and Lee. Deposits are insured in full by the Federal Deposit Insurance Corporation and by the Depositors Insurance Fund. South Adams Savings Bank can be contacted at (413) 743-0040 or at www.sasavings.com.

For more information on the Emergency Economic Stabilization Act or TARP, please visit http://www.ustreas.gov/initiatives/eesa/.
Your Comments
Post Comment
No Comments


Top Stories...
@theMarket: Back to the Future, Again
REGIONAL - The last two weeks stocks have consolidated, exhibiting greater volatility with the S&P...
Plunkett, Target Team Up for Library Makeover
ADAMS - Recent economic realities have resulted in a decline in fundraising resources, so the...
North Adams Illustrator Has Big Picture in NYC
NORTH ADAMS - Book illustrator Jana Christy's biggest tome to date — the 15-foot high "Dream Big" — was...
Break-ins Shake Up Stamford Residents
VERMONT - Townspeople are demanding better communication after a number of daytime break-ins here...
The Independent Investor: Finally, a Handout for the...
NORTH ADAMS - Granted, a $6,500 tax credit may not seem like much in the grand scheme of things.


iBerkshires.com Text Ads
www.iberkshires.com
www.iberkshires.com
mtwilliamsgreenhouses.com
www.davesautoandtirecenter.com
Advertise on iBerkshires.com



Essentials
Berkshire Nightlife
Berkshire Photos
Berkshire Wallpaper
Class Reunion Page
Columnists
Dannyoart.com
Get Lunch Specials
Home & Garden
Movie Times
Obituaries
Randy Trabold
Weddings

Enter your email address below to receive our FREE iBerkshires.com Newsletter

| Home | A & E | Automotive | Business | Community News | Dining | Lodging & Travel |
| Real Estate | Schools | Sports & Outdoors | Berkshires Weather | Berkshires Map |
Advertise | Recommend This Page | Help
Contact Us | Privacy Policy| User Agreement
Execution Time: 616 ms