Letter: New Name for Apkin

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To the Editor:

George Apkin & Sons Inc., would like to share with you some exciting news about our company. We have been working on a strategic plan to ensure that we will be able to continue servicing all our industrial and dealer customers seamlessly for the long term. To ensure that success, we have recently partnered with the Joseph Freedman Co. in Springfield and its affiliates, Perlman Recycling in Pittsfield and Eastern Vehicle Recycling in Westfield.

We are very excited for the depth that this partnership brings. They have a long history dating back 132 years, a great reputation, a professional and friendly team, and a full suite of metal recycling services to further complement our operations.

The only real change will be a small name change to: Apkin Inc. All of our employees in Adams are staying onboard in their current positions, and both of us (Joe Apkin and Bill Apkin) will be staying on as well. Joe Apkin will be leading the company as president, and Bill Apkin will be staying onboard in an advisory role. Sally Cable and Cindi McLain will remain in the office for anything you need.

We appreciate the community that we work with, and it is important to us that we sustain the reputaton and the standing that we have built. To ensure that, we have worked trelessly to make sure that we have partnered with a company that shares our values. We are confident that you will not be disappointed by the transiton.

Thank you to all who have supported us through the years, we look forward to a new chapter.

Joe & Bill Apkin, the Apkin Team
Adams,Mass. 

 

 

If you would like to contribute information on this article, contact us at info@iberkshires.com.

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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