Greylock appoints Anthony Rinaldi as Director Emeritus

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PITTSFIELD, Mass. — Greylock Federal Credit Union's Board of Directors voted unanimously to appoint Anthony Rinaldi as Director Emeritus in recognition of his longstanding and distinguished service to the credit union.
 
In March 2024, the Board of Directors voted to confer the Director Emeritus designation on Rinaldi. Individuals who are appointed Directors Emeriti function as an advisory committee to the board of directors. Rinaldi's designation reflects a two-year term.
 
"I'm honored to have served with Tony and am gratified to recognize his years of dedication and commitment to the members of Greylock," said Board Chair Peter Lopez. "We look forward to his continued involvement with the board as an esteemed advisor and Director Emeritus."
 
Rinaldi joined the board in 1994 and served as Chairman for five years. He most recently served as chair on the Asset-Liability Committee, or ALCO, and the Compensation committee.
 
"I've known Tony for many years and it's been an honor to serve with him on our board," said Board Member Sheila A. LaBarbera. "Our board has truly benefitted from Tony's tireless service, expertise, and generosity through the years and we are thrilled to honor him in this way."
 
Rinaldi recently retired from his role as the Executive Vice President of Fairview Hospital for Berkshire Health Systems. He is a graduate of Boston College School of Management with a bachelor's degree in accounting. He lives in Pittsfield with his wife, Wendy.

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Pittsfield Schools See 'Very Modest' Chapter 70 Increase

By Brittany PolitoiBerkshires Staff

The School Committee is expected to vote on a budget in April. 

PITTSFIELD, Mass. — The Pittsfield Public Schools will see a "very modest" increase in Chapter 70 funding for fiscal year 2027, and administrators are working to calculate exactly what that will mean. 

Gov. Maura Healey filed a nearly $63 billion budget on Wednesday that increases the city's school funding by $404,000. The Pittsfield schools dropped into a lower Chapter 70 funding category because it has fewer students considered low income. 

This year's expected Chapter 70 aid is just over $68.8 million. In FY26, the district received $68,450,361.

"While the FY27 budget reflects a modest increase over last year's budget, anticipated rising costs such as any current and potential contractual obligations, insurance increases, fuel increases, etc., will result in a budgetary shortfall," Assistant Superintendent for Business and Finance Bonnie Howland reported on Wednesday. 

"The foundation budget also reflects that decrease in overall student enrollment, and this shapes the critical next phase of our work." 

In 2024, the discovery of 11 students meeting those income guidelines put the district in the higher funding category and added $2.4 million in Chapter 70 funds to the school budget. 

The district will review prior year spending trends and confirm district priorities before drafting the budget, which is about 80 percent contractual obligations for teachers, aides, administrators, and support staff. Embedded into the process is engagement with staff, the community, and the City Council. 

Interim Superintendent Latifah Phillips said that in some cases, the district may be able to reduce a current vacancy, but in other cases, there will be a significant effort to hire. 

"For example, for core subject classrooms, we have to fill those positions, and so we are taking a look at every position, every role, how it's being utilized to make recommendations for how we will balance this budget," she explained. 

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