Adams Community Bank Changes Commercial Senior Team

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Palma and Tracy
ADAMS, Mass. — Adams Community Bank (ACB) announced the retirement of Senior VP of Commercial Lending Donna Palma and the promotion of Tracy McConnell to succeed Palma.   
 
After a career in banking spanning 47 years, Palma now enjoys a planned retirement. Palma has been a part of the ACB leadership team since March 2013, when she joined the bank.
 
"We are grateful for Donna's many years of service and her positive impact on our Commercial Lending division and the entire Bank," said Charlie O'Brien, ACB President and CEO. "The success and growth we've experienced in commercial lending can be directly attributed to her strategic vision and unwavering commitment to excellence.  Our commercial lending portfolio increased 136 percent during Donna's tenure."
 
Palma's impact extends to the Berkshire communities we serve.  She is a past member of numerous boards, including 1Berkshire, the Gladys Allen Brigham Community Center, and the Pittsfield Rotary Club.
 
Palma expressed gratitude for the opportunity to serve the Bank and its clients.
 
"It has been an honor to be part of ACB and work alongside such dedicated colleagues," she said. "I am proud of what we have achieved together and am confident in the continued success of the Commercial Lending team under Tracy's guidance."
 
McConnell, recently promoted to SVP of Commercial Lending, joined ACB three years ago with 25 years of experience in the banking industry. McConnell holds a bachelor's degree from Massachusetts College of Liberal Arts (MCLA) and received her Master of Banking diploma from Stonier Nation Graduate School of Banking at UPENN. She has also earned various banking-related diplomas from the American Bankers
 
Association (ABA) banking school. McConnell is on the AJY Fund and United Cerebral Palsy Boards, an Advisory Committee Chair for the Business Technology department at Charles H. McCann Technical School, and a North Adams Rotary Club member.

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Special Minerals Agrees to Pay Adams, River Groups Over River Discharge

Staff ReportsiBerkshires

Adams plans to use the $50,000 it will get in the consent decree toward the removal of the Peck's Road Dam. 
BOSTON — Specialty Minerals is expected to pay $299,000 for a discharge of calcium carbonate into the Hoosic River nearly three years ago in a consent decree with the Attorney General's Office. 
 
The river turned visibly white from Adams to the Vermont state line from the mineral that leaked out from the plant's settling ponds on Howland Avenue in November 2021. 
 
Calcium carbonate, also known as chalk or limestone, is not toxic to humans or animals. However, the sudden discoloration of the water alarmed local officials and environmentalists and prompted an emergency session of the Northern Berkshire Regional Emergency Planning Committee. 
 
"We allege that this company violated its permits, disregarded federal and state law, and put the Hoosic River — a resource cherished by the Adams community — at risk," said AG Andrea Campbell in a statement. "I am grateful for this collaboration with our state agency partners and committed to holding polluters accountable and working to bring resources back to communities disproportionately impacted by environmental harms."   
 
If approved by the U.S. District Court of Massachusetts, the consent decree will require Specialty Minerals to pay a total of $299,000, which includes payments to the town of Adams and three community groups in Northern Berkshire County that will be used to benefit water quality and prevent stormwater impacts. 
 
Once approved, most of the settlement would fund multiple projects to benefit water quality, including infrastructure improvements and native plantings to mitigate stormwater impacts in the Hoosic River Watershed. Specifically, the proposed settlement provides for: 
  • $50,000 to the town of Adams for infrastructure improvements in a tributary of the Hoosic River
  • $50,000 to Hoosic River Revival for stormwater mitigation projects  
  • $50,000 to Hoosic River Watershed Association for a native plant garden and other projects to mitigate stormwater impacts and benefit water quality 
  • $50,000 to Sonrisas to fund invasive plant removal and native plant habitat establishment at Finca Luna Búho, a community land project that centers the voices and prioritizes the decision-making of those living in marginalization. 
It will also provide $30,000 in civil assessments to the state's Natural Heritage Endangered Species Fund and $20,000 in civil penalties for violation of state law, as well as $49,000 to offset the costs of the AG's enforcement efforts. 
 
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