Pittsfield Coop Bank Hires Vice President, Commercial Lending Officer

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PITTSFIELD, Mass. — Pittsfield Cooperative Bank (Coop Bank) announced the hiring of Zachary Gundler to its commercial lending team as a Vice President. 
 
He has experience in commercial lending, commercial real estate assessment, credit risk analysis, portfolio management, relationship management and business development.  
 
Gundler joins Coop Bank after working for the previous ten years at Berkshire Bank in their commercial lending and business banking departments. For the last four and a half years, Gundler has been a Vice President, Business Banking Officer managing customers with annual revenues ranging from $3 million to $25 million and originating loans up to $3 million.   
 
"Coop Bank is excited to add Zach to our growing team," said CEO J. Jay Anderson. "He has significant experience in lending, commercial real estate valuation, relationship management and development, and risk analysis."
 
Gundler has a Bachelor of Science in Business Administration and a Masters of Business Administration from the Massachusetts College of Liberal Arts. He currently serves on the Vermont Banking Association Commercial Lending Committee and previously served on the Massachusetts College of Liberal Arts Alumni Board. He was born and raised in Berkshire County and currently resides in Pittsfield with his family.

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Pittsfield Housing Project Adds 37 Supportive Units and Collective Hope

By Brittany PolitoiBerkshires Staff

PITTSFIELD, Mass.— A new chapter in local efforts to combat housing insecurity officially began as community leaders and residents gathered at The First on to celebrate a major expansion of supportive housing in the city.

The ribbon was cut on Thursday Dec. 19, on nearly 40 supportive permanent housing units; nine at The First, located within the Zion Lutheran Church, and 28 on West Housatonic Street.  The Housing Resource Center, funded by Pittsfield's American Rescue Plan Act dollars, hosted a celebration for a project that is named for its rarity: The First. 

"What got us here today is the power of community working in partnership and with a shared purpose," Hearthway CEO Eileen Peltier said. 

In addition to the 28 studio units at 111 West Housatonic Street and nine units in the rear of the church building, the Housing Resource Center will be open seven days a week with two lounges, a classroom, a laundry room, a bathroom, and lockers. 

Erin Forbush, ServiceNet's director of shelter and housing, challenged attendees to transform the space in the basement of Zion Lutheran Church into a community center.  It is planned to operate from 8:30 a.m. to 4:30 p.m. year-round.

"I get calls from folks that want to help out, and our shelters just aren't the right spaces to be able to do that. The First will be that space that we can all come together and work for the betterment of our community," Forbush said. 

"…I am a true believer that things evolve, and things here will evolve with the people that are utilizing it." 

Earlier that day, Executive Office of Housing and Livable Communities Secretary Ed Augustus joined Lieutenant Governor Kim Driscoll and her team in Housatonic to announce $33.5 million in federal Community Development Block Grant funding, $5.45 million to Berkshire County. 

He said it was ambitious to take on these two projects at once, but it will move the needle.  The EOHLC contributed more than $7.8 million in subsidies and $3.4 million in low-income housing tax credit equity for the West Housatonic Street build, and $1.6 million in ARPA funds for the First Street apartments.

"We're trying to get people out of shelter and off the streets, but we know there are a lot of people who are couch surfing, who are living in their cars, who are one paycheck away from being homeless themselves," Augustus said. 

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