Pittsfield Co-op Named one of Fast 50 Banks

Print Story | Email Story
The Pittsfield Cooperative Bank has been named one of the 50 Fastest Growing Commercial Lenders in Massachusetts and the first of all banks headquartered in the Berkshires. 
 
The Fast 50 is compiled from data collected by the Warren Group, publisher of The Banker & Tradesman magazine.  The Pittsfield Cooperative Bank is on the list of the 50 fastest growing lenders for the first six months of 2022, compared with the same period in 2021. 
 
"it’s an honor to be recognized among the state’s premier commercial lenders by an organization as respected within the industry as Banker & Tradesman,” said J. Jay Anderson, President and CEO of the Pittsfield Cooperative Bank. "Small businesses and small banks compete daily with well-financed rivals that have more resources to spend across the board.  We focus on what we do best, building relationships and we believe that this is a key differentiator for our customer."
 
The Bank ranked sixth in the number of Commercial Loans and ninth in Commercial Loan Volume. 
 

Tags: pittsfield cooperative bank,   

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

Pittsfield Council Reviews Public Safety Budget, Keeps SpotShotter

By Brittany PolitoiBerkshires Staff

PITTSFIELD, Mass. — On the fourth day of budget deliberations, the City Council preliminarily approved public safety and public service budgets. 

See the first two days of budget review here; and the third day here.

Councilors deliberated the Pittsfield Police Department's $16,439,421 spending plan for more than 90 minutes. Ward 1 Councilor Kenneth Warren unsuccessfully motioned to cut $220,000 for ShotSpotter services. 

He said the acoustic gunshot detection technology is not well used throughout the country, citing other communities that have opted out or are exploring it. 

Pittsfield has two more years on its contract; while councilors voted down the budget reduction several were willing to explore the impact data and see if those funds could be used elsewhere. 

Police Chief Marc Maddalena reported that there has been a significant decrease in shots fired calls, and attributed it to the surveillance technology assisting enforcement. He said it also comes in faster than 911 calls. 

"If people know that just by that noise alone that we're responding within seconds, that's preventing them from utilizing that weapon," he said. 

"So that in of itself is saving lives." 

It has an about 20 percent accuracy rate, and police respond to every activation. 

On Sunday, at least two homes in the area of Memorial Drive and Doyle Drive were struck by gunfire and investigators located 17 shell casings on scene. This was brought up during conversation; it was reported that there were 13 impulses on ShotSpotter during the incident. 

View Full Story

More Pittsfield Stories