NBT Bank Eyeing North Street Location
 The former Berkshire Loan and Trust Company building, across from the Beacon Cinema, could soon be home to a NBT Bank branch. |
NBT has filed an application with the Office of the Comptroller of the currency to open a location at 54 North St., known as the Berkshire Loan and Trust building.
A spokeswoman for the company confirmed that the bank is seeking a branch on that location but did not elaborate on the plans.
"We've started the process. At this point we're moving ahead with the planning process," Florance Doller said. "We're expecting to hear something from them by the end of the year."
The property is owned by Allegrone Real Estate and the bank would be leasing space from them. Internally, Doller said the company is planning the details of the branch and its operations while they wait for the approval from the OCC.
NBT first came to the county with the purchase of four former Legacy Banks in 2011 as part of a divestment of Berkshire Hills Bancorp in the merger with Berkshire Bank. In 2012, NBT opened the former Legacy branch in Lenox.
The North Street location will be the sixth in Berkshire County and second in Pittsfield. There are branches currently open in North Adams, Pittsfield, Lee, Lenox and Great Barrington.
Doller said the details of the operations will be revealed once the planning and approval process is completed.
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