Greylock Federal Names New CFO, Vice President

Michael Stoddard

PITTSFIELD, Mass. — Greylock Federal Credit Union has named Michael Stoddard as senior vice president and chief financial officer beginning April 1.

"We are pleased to have a person with Mike's experience joining the Greylock family,"
Greylock President Marilyn L. Sperling said. "With his strong background in finance and strategy he will be an asset to our management team as Greylock continues its community mission of improving the financial lives of families in Berkshire County."

Stoddard earned a bachelor of science in business administration from Franklin Pierce College. He has spent his 30-year career at two financial institutions: Concord Savings Bank in Concord, New Hampshire and Maine Bank & Trust in Portland, Maine (acquired by People's United Bank in 2008). He has held many leadership roles including chief financial officer and head of retail & small business banking.

Stoddard brings experience to his new position including developing financial strategy, directing asset and liability management, budgeting and overseeing regulatory interactions. He has served in numerous banking industry and community service positions including the Maine Bankers Association legislative committee and with United Way of Greater Portland as a board member and 2010 annual campaign chairman.

Stoddard is married and has two grown sons.

Pittsfield Affordable Housing Initiatives Shine Light, Hope

By Sabrina DammsiBerkshires Staff
07:08AM / Saturday, December 20, 2025

Housing Secretary Edward Augustus cuts the ribbon at The First on Thursday with housing officials and Mayor Peter Marchetti, state Sen. Paul Mark and state Rep. Tricia Farley-Bouvier.

PITTSFIELD, Mass. — The holidays are here and several community members are celebrating it with the opening of two affordable housing initiatives. 

 

"This is a day to celebrate," Hearthway CEO Eileen Peltier said during the ribbon-cutting on Thursday. 

 

The celebration was for nearly 40 supportive permanent housing units; nine at "The First" located within the Zion Lutheran Church, and 28 on West Housatonic Street. A ceremony was held in the new Housing Resource Center on First Street, which was funded by the American Rescue Plan Act. 

 

The apartments will be leased out by Hearthway, with ServiceNet as a partner. 

 

Prior to the ribbon-cutting, public officials and community resource personnel were able to tour the two new permanent supported housing projects — West Housatonic Apartments and The First Street Apartments and Housing Resource Center. 

 

The First Street location has nine studio apartments that are about 300 square feet and has a large community center. The West Housatonic Street location will have 28 studio units that range between 300 to 350 square feet. All units can be adapted to be ADA accessible. 

 

The West Housatonic location is still under construction with the hope to have it completed by the middle of January, said Chris Wilett, Hearthway development associate.