Keagan Promoted To Chief Operating Officer At Mountainone

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NORTH ADAMS, Mass. – Don Keagan has been promoted to Chief Operating Officer at MountainOne Financial Partners, MHC, according to an announcement by Stephen Crowe, President and Chief Executive Officer. MountainOne Financial Partners includes Hoosac Bank; South Coastal Bank; Williamstown Savings Bank; Coakley, Pierpan, Dolan & Collins; and True North.

According to Crowe, “Don was instrumental in guiding us through the recent addition of South Coastal Bank and their integration into the MountainOne family. In this new position, he will help shape the future direction of the company and manage the balance sheet, including planning our capital needs.”

As Chief Operating Officer, Keagan will continue as Executive Vice President and Chief Financial Officer, and will also oversee Operations for the MountainOne holding company, Hoosac Bank, and Williamstown Savings Bank. He has served as Executive Vice President and Chief Financial Officer for MountainOne since 2002, and as Chief Financial Officer for Williamstown Savings Bank prior to that.

Keagan holds a Master’s Degree in Business Administration from the University of Hartford, and a Bachelor’s Degree from the University of Hawaii. He was also an Honor Graduate of America’s Community Bankers National School of Banking at Fairfield University.

In the community, Keagan serves on the North Adams Planning Board and is Chairman of the Northern Berkshire Healthcare Annual Golf Tournament. Keagan is a resident of North Adams, and he and his wife, Pamela, have two children.

MountainOne Financial Partners, headquartered in North Adams, has combined assets of over $900 million and approximately 200 employees. Hoosac Bank, Williamstown Savings Bank, and South Coastal Bank provide a broad range of banking services for personal and business customers. Hoosac Bank, established in 1848, has offices in North Adams and Williamstown; Williamstown Savings Bank, founded in 1892, has an office in Williamstown; and, South Coastal Bank, founded in 1868, has offices in Rockland, Braintree, Scituate, and Quincy. Coakley, Pierpan, Dolan & Collins Insurance Agency, founded in 1927 and one of the largest property and casualty insurance agencies in Western Massachusetts, serves personal and business customers through offices in North Adams, Williamstown, and Adams. True North Financial Services, established in 1997, is a registered broker dealer, providing investment, life insurance, retirement planning, and employee benefit services to personal and business customers through offices in North Adams, Williamstown, and Pittsfield.
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Lanesborough Town Meeting to Vote Budget, Bylaws & Vehicle Purchases

By Breanna SteeleiBerkshires Staff

LANESBOROUGH, Mass. — Tuesday's annual town meeting includes a $14 million operating budget, new short-term rentals, accessory dwelling units and sign bylaws, and free cash article appropriations.

Voters will gather at Lanesborough Elementary School on June 9 at 6 p.m. to decide on 20 warrant articles.

The fiscal 2027 budget is up a little over 10 percent. Some of the main increases are the Mount Greylock Regional School District and McCann Technical School: the McCann assessment is up more than 30 percent based on factors including enrollment and the school renovation project, and Mount Greylock's is up 11 percent.

Article 11 is for the town to vote to approve from free cash the sum of $16,298.48 for the McCann Technical School roof and window replacement project so as not to impact the budget. Article 3 is  appropriate $7,586,284 for Mount Greylock Regional School assessment.

Another notable increase was in life and health insurance, showing an increase of about 26 percent.

Ambulance Director Jen Weber is planning 24-hour coverage, which means more staff and a hike in her budget. One of the articles asks the town to appropriate $234,100 to operate the Ambulance Enterprise Fund for salaries and expenses.

Many town departments are looking for new vehicles. The Fire Department is looking to replace its outdated 1996 fire engine. There are two articles related to the truck at a total of $813,366. Article 12 would transfer $225,000 from free cash into the Fire Truck Stabilization Fund; Article 13 would transfer $605,000 from the fund and authorize the borrowing of $208,366.08.

The total includes a $100,000 contingency cost to cover any additional costs if a 2026 model-year chassis cannot be secured before new emissions standards go into effect in 2027.

The board at its last meeting moved the $225,000 transfer to come before the borrowing article, changing the stabilization number. If the $225,000 is not voted on, then they will amend the next article's number on the floor, subtracting the $225,000. This shows the borrowing number significantly lower.

Article 17 asks for the transfer of $80,000 from free cash to replace a police cruiser.

Police Chief Rob Derksen's aim is to replace one vehicle every other year, meaning the oldest vehicle gets replaced about every 10 years. 

He stressed that if delayed this year, the town may have to double up in a future year to get back on schedule, and that paying later usually costs more. The article will ask for $80,000 from free cash, the vehicles used to be funded by the BHRD.

Lastly, the Highway Department is looking to replace a 2014 International dump truck that will be a total of $330,000 and will take two to three years to receive.

Money will be used from last year's approval of $250,000 from free cash for the replacement of a 2012 highway front-end loader that was underspent $49,261. Town meeting is being asked to approve  a transfer of $53,274.85 from free cash and the use of $227,464 from funds from the Sale of Town Real Estate to fund the balance.

Other free cash proposals include $1,200 to purchase software to support tracking and ongoing maintenance schedules of town-owned vehicles; $42,000 for the replacement of the Highway Department's storage shed roof, $200,000 to reduce the tax levy.

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