Pittsfield Cooperative Bank Appoints VP OfCommercial Banking

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PITTSFIELD, Mass. — The Pittsfield Cooperative Bank has announced that Matthew P. Lauro has joined the bank as Vice President/ Commercial Banking.
 
Matthew's 10 plus years of industry experience is wide ranging and comprehensive, working for Fidelity Management and Research as a Credit Research Associate, Longfellow Investment Management as a Senior Credit Analyst and State Street Bank as Vice President, Credit Analyst for Leveraged Lending. Most recently, Matt held the title of Vice President of Emerging Markets. In this role he ran a foreign exchange and rates product specializing in the Latin American region of behalf of State Street Bank.
 
Matthew recently moved to Berkshire County with his wife Susanna, an attorney, and their dog Tony. He earned his degree at RPI, where he was a member of the football team, 2 years as Captain.
 
"Matthew brings a much-needed high level of expertise in the area of industrial and commercial real estate financing to the Berkshires and we are proud to welcome Matthew and his wife to the Berkshires as we
believe in local talent," said J. Jay Anderson, President and CEO of the Pittsfield Cooperative Bank.
 
In this position, Matthew will be responsible for managing and growing the bank's commercial loan portfolio.
 
"Banking is a personal business. Matthew is an experienced lender who will help make our community a better place to live, work and play and he joins a team that – as a whole- is truly invested in our little niche in the Berkshires," said  Anderson.
 
Matthew is located in the South Street Main Office at 70 South St., Pittsfield and may be reached at 413.629.1644.
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Dalton Becomes Purple Heart Community

By Sabrina DammsiBerkshires Staff
DALTON, Mass. — The town has been home to many veterans and soldiers who made the ultimate sacrifice in military service — a new proclamation honors their service and sacrifice.
 
The Select Board signed a proclamation declaring the town a Purple Heart Community, joining communities across the commonwealth to adopt this as a way to honor their local Purple Heart recipients. 
 
"This designation is more than a symbolic gesture; it is a public affirmation of Dalton's respect, gratitude, and enduring commitment to the men and women who have been wounded or killed in combat while serving in the United States Armed Forces," Historical Commission co-Chair Deborah Kovacs said at the Select Board meeting Monday night. 
 
The Purple Heart is the oldest military decoration that is still awarded to service members, recognizing their sacrifice, courage, and an unwavering devotion to the nation.
 
The Purple Heart originated on Aug. 7, 1782, when Gen. George Washington created the Badge of Military Merit to recognize enlisted soldiers and noncommissioned officers for exceptional service during the Revolutionary War. 
 
It fell out of use after the war but was revived in 1932 on Washington's 200th birthday under the leadership of Gen. Douglas MacArthur.  
 
Under the revival, it was still awarded for meritorious service or for combat wounds but during World War II this narrowed to service members wounded or killed as a direct or indirect result of enemy action. That wounds-only standard has remained in place ever since.
 
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