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Poseidon Coffee Looking to Open at Adams Visitors Center

By Gregory FournieriBerkshires Correspondent
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ADAMS, Mass. — Todd Fiorentino of Pittsfield's Poseidon Coffee kiosk is planning to move to Adams.

He is hoping to operate a coffeee kiosk on the side of the Visitors Center, abutting the Ashuwillticook Rail Trail. Fiorentino wants to sell coffees for around $2, and will likely be open during the spring, summer, and fall from morning until the early afternoon.

Fiorentino told the Selectmen, sitting as the licensing subcommittee, last week that he wants to obtain a seasonal liquor license in order to sell Irish coffees and other similar beverages, especially during outdoor events held at the Visitors Center.

"The idea with the liquor license was really to help in terms of long-term sustainability of the company," he said,point out that "liquor just has a higher profit margin."

Vice Chairwoman Christine Hoyt and Selectman Richard Blanchard questioned Fior and Town Administrator Jay Green, as well as Town Counsel Edmund St. John III, about the particularities of the liquor license. They wanted to know, for instance, if selling alcoholic beverages out in the open would pose a problem to town safety, among other things.

While brainstorming ways to deal with the issue, Fiorentino said that he could "create a designated area, possibly with … retractable tape," to keep customers with alcoholic beverages contained in that space.

If need be, Fiorentino said he would be willing to open the kiosk without the liquor license and only sell coffee at first, but he wants to get this squared away so that he can expand and sell local, craft alcoholic beverages along with the local coffee.

The subcommittee did not make any decisions at this meeting regarding the planned kiosk.


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Adams Community Bank Holds Annual Meeting, Announce Growth

ADAMS, Mass. — The annual meeting of the Community Bancorp of the Berkshires, MHC, the parent company of Adams Community Bank, was held on April 10, 2024, at Charles H. McCann Technical School in North Adams.
 
The meeting included reviewing the 2023 financial statements for the Bank, electing directors and corporators, and highlighting upcoming executive personnel changes.
 
"In 2023, the Bank experienced another year of growth in assets, loans, and deposits, noting the Pittsfield branch reached $26 million in customer deposits from its opening in December of 2022," President and CEO of Adams Community Bank Charles O'Brien said. "Those deposits were loaned out locally during 2023 and helped drive our #1 ranking in both mortgage and commercial real estate lending, according to Banker and Tradesman."
 
At year-end 2023, total assets were $995 million, and O'Brien noted the Bank crossed the $1 billion threshold during the first quarter of 2024.
 
Board chair Jeffrey Grandchamp noted with O'Brien's upcoming retirement, this will be the final annual meeting of the CEO's tenure since he joined the Bank in 1997. He thanked him for his 27 years of dedication to the Bank. He acknowledged the evolution of the Bank as it became the premier community bank in the Berkshires, noting that branches grew from 3 to 10, that employees grew from 40 to 135, and that assets grew from $127 million to $1 billion. 
 
An executive search is underway for O'Brien's replacement.
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