Adams Community Bank Honors Employees for Their Service

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ADAMS, Mass. — Adams Community Bank honored 14 employees on May 24 for their dedicated service to the organization.

The event was hosted at Ventfort Hall in Lenox. The employees that were celebrated for their retirement included, Sue LeBeau with 42 years of service, Manny Sylvia with 36 years of service and Denise Marshall with 17 years of service. These employees were recognized for their retirement and devoted service to Adams Community Bank.  

Along with honoring the retirees, employees were recognized for their committed service to the organization. Terry Jajko was honored for 20 years of service; Letty Anderson and Michael Gwozdz for 15 years of service; and Terry Bobowiec, Kathy Luczynski and Emma Tower for 10 years of service. Kyla Morrissey and Melissa Tremblay were recognized for five years of service to the bank.

This group was applauded for reaching these service milestones in their careers. Annually the banks hosts a retirement and service milestone event to honor employees who have dedicated their careers to helping their friends and neighbors in the communities they serve.
 

 


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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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