Greylock Donates to Community Partners in 2021

Print Story | Email Story
PITTSFIELD, Mass. — Greylock Federal Credit Union has released its 2021 Community Impact Report
 
The report highlights many relationships held throughout the region to show members how their credit union invests in the community.
 
"This is more than just a report to sit on a shelf," said Greylock Senior Vice President, Chief Administrative Officer JamieEllen Moncecchi. "It is a story of the dedication and hard work put forward by our staff, Board of Directors and Members throughout the year to support our shared vision of a thriving community."
 
The stories reflect the Credit Union's commitment to the guiding principles of Inclusion, Diversity, Equity and Accessibility through company-wide learning and reflection, policy development, new products and services, and partnerships.
 
Greylock made cash donations of over $778,000 to area non-profit partners in 2021. The list of partners ranges from local Lions Clubs and after-school programs to the Berkshire Family YMCA and the United Ways of Berkshire County.
 
Greylock's continued COVID-19 response is also summarized in the document. Data shows that in the second year of the pandemic, Greylock supported 3,414 area jobs with Paycheck Protection Program loans, provided millions of dollars in loan deferrals for Members facing hardship and issued over $51 million to first-time home buyers to build for their future.
 
The Community Empowerment Center, which opened in 2018, grew to a dedicated five-person team with a branch-wide volunteer network of 29 certified financial coaches to meet the increasing need for services. The Center hosted 82 free seminars on everything from couponing to preparing for retirement. They also educated 2,805 area students on financial literacy, conducted 873 free financial coaching sessions and helped 204 immigrants enter the US banking system.
 
As a Certified Community Development Financial Institution, Greylock can be awarded federal funds to support the local economy. In 2021, Greylock was issued access to up to $23 million in emergency capital investment funding from the US Treasury (to be used over 30 years), $1.8 million in Rapid Response funds to help stabilize local households and businesses affected by the pandemic, and a $500,000 award to tackle issues of local poverty and economic mobility.
 

Tags: Greylock Federal,   

If you would like to contribute information on this article, contact us at info@iberkshires.com.

Pittsfield ConCom OKs Wahconah Park Demo, Ice Rink

By Brittany PolitoiBerkshires Staff

PITTSFIELD, Mass. — The Conservation Commission has OKed the demolition of Wahconah Park and and the installation of a temporary ice rink on the property. 

The property at 105 Wahconah St. has drawn attention for several years after the grandstand was deemed unsafe in 2022. Planners have determined that starting from square one is the best option, and the park's front lawn is seen as a great place to site the new pop-up ice skating rink while baseball is paused. 

"From a higher level, the project's really two phases, and our goal is that phase one is this demolition phase, and we have a few goals that we want to meet as part of this step, and then the second step is to rehabilitate the park and to build new a new grandstand," James Scalise of SK Design explained on behalf of the city. 

"But we'd like these two phases to happen in series one immediately after the other." 

On Thursday, the ConCom issued orders of conditions for both city projects. 

Mayor Peter Marchetti received a final report from the Wahconah Park Restoration Committee last year recommending a $28.4 million rebuild of the grandstand and parking lot. In July, the Parks Commission voted to demolish the historic, crumbling grandstand and have the project team consider how to retain the electrical elements so that baseball can continue to be played. 

Last year, there was $18 million committed between grant funding and capital borrowing. 

This application approved only the demolition of the more than 100-year-old structure. Scalise explained that it establishes the reuse of the approved flood storage and storage created by the demolition, corrects the elevation benchmark, and corrects the wetland boundary. 

View Full Story

More Pittsfield Stories