Greylock Federal Promotes Assistant Vice President, Retail Services/Teller Operations Manager

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PITTSFIELD, Mass. — Greylock Federal Credit Union announced the promotion of Megan Hagen to Assistant Vice President, Retail Services/Teller Operations Manager.
 
"Megan has been a valued and trusted part of our team for more than 16 years now," said Senior Vice President, Retail Services Robert Sims. "We are thrilled to have her in this new role, where I'm confident she will help our team to continue to improve our great service."
 
In her role, Hagen will coordinate and implement specialized training and resources to further improve branch operations, while helping to maintain compliance requirements and the quality of teller operations throughout the branch network, ATMs, Video Teller Services and shared branch services.
 
Hagen started her career with Greylock as a part-time teller at the Williamstown branch.
 
"I'm very excited about my new role," Hagen said. "We've got a great team and we're excited to make some positive improvements for our Members."
 
Hagen lives in Adams with her son, Nolan, and daughter, Sabrina.

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Berkshire Savings Bank Redevelopment Receives $4M From State

By Brittany PolitoiBerkshires Staff

PITTSFIELD, Mass. — The former Berkshire County Savings Bank redevelopment has been boosted by $4 million from the state. 

On Thursday, the Healey-Driscoll administration announced $18.6 million in Housing Development Incentive Program tax credit awards to six housing developments — one in downtown Pittsfield. 

Allegrone Companies received $4 million for the adaptive reuse of 24-34 North St. into 23 mixed-income apartments, "Park Square Residences," with street-level retail and a commercial kitchen. The historic former office building with a view of Park Square has been vacant for about two years. 

Lt. Gov. Kim Driscoll made Thursday's announcement at the Durfee Block Apartments in Fall River, which received $1.5 million in tax credits. The $18.6 million in HDIP tax credit awards will help create 662 new homes in six Gateway Cities: Fall River, Lawrence, Lowell, Pittsfield, Taunton, and Worcester.

Pittsfield received the largest award.

"Gateway Cities are critical to Massachusetts' housing future, and they know better than anyone what their communities need to grow," Driscoll said. 

"These investments build on strong local partnerships to create more homes, lower costs, revitalize downtowns and ensure these communities continue to thrive for generations to come." 

In February, Gov. Maura Healey stood inside 24-34 North St. with Anthony and Louis Allegrone, overlooking Park Square, as the developers described their vision for residential units. Healey, that day, had announced state housing initiatives expected to bring more than 1,300 units online, including a Commercial Conversion Tax Credit Initiative. 

Allegrone's project is supported by the commercial tax credit and was awarded $1.8 million from the MassWorks Infrastructure Program. 

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