Pittsfield Cooperative Bank Opens New Branch, Unveils New Signage

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PITTSFIELD, Mass. — Pittsfield Cooperative Bank (Coop Bank) opened the doors to its newest and fifth branch office, 734 Williams Street, on Saturday, March 30. 
 
The location has not been occupied by a financial institution since late 2021. This is the first branch for Coop Bank since opening its Dalton Avenue location in 1999. The Williams Street branch features a new drive-up ATM/ITM, two drive-up teller lanes, safe deposit boxes and four interior teller windows. The branch is open Monday through Saturday, including the following hours: 8:30 a.m. to 4:30 p.m. (M-Th); 8:30 a.m. to 5 p.m. (F); and 9 a.m. to 12 p.m. (Sa).
 
The Williams Street branch will be managed by Joseph DelSoldato III. DelSoldato was hired in late February as a Vice President, Branch Manager, and specifically selected due to his familiarity with the location. DelSoldato was most recently a vice president, relationship manager at Berkshire Bank for the past three and a half years. Prior to that he served as a branch officer, financial services representative as well as roles in business development and relationship management at several banks in central and western Massachusetts. He has worked in the financial services industry for more than fifteen years, and received his Bachelor of Science in business administration from Westfield State University.
 
"Coop Bank is pleased to announce Joe as the manager of our newest branch," said CEO J. Jay Anderson. "He has tremendous experience in branch operations and business development, and is well-connected in the Berkshires, Pioneer Valley, and eastern New York."  
 
Joining DelSoldato at the Williams Street branch will be Scott Cowlin, vice president, relationship banker; Alexarey Overbaugh, head teller; Paige Barry, teller; and Tori Bishop, teller. Customers and the community will recall that Cowlin was most recently Coop Bank's branch manager and Overbaugh a teller at its main office in Pittsfield. Barry and Bishop worked as float tellers, respectively. The branch also features a Hyosung interactive teller machine (ITM). This new machine will initially function as a traditional ATM, but the Bank will be enabling its full technological capabilities and rolling out video-assisted transactions at Williams Street and additional locations over the next several months.  
 
The Williams Street branch is the first location featuring Pittsfield Cooperative Bank's new logo and signage that was announced in its February anniversary release. A key complement to the branch signage includes a new interior LED lit monument sign designed and manufactured by Graphic Impact Signs that will eventually become a principal element at all of the Bank's locations.
 

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Healey Announces Housing Development Supports at Former Pittsfield Bank

By Brittany PolitoiBerkshires Staff

Gov. Maura Healey poses with the bank's old safe. The building is being refurbished for housing by Allegrone Companies. The project is being supported by a commercial tax credit and a $1.8M MassWorks grant for infrastructure improvements. 

PITTSFIELD, Mass. — Gov. Maura Healey stood in the former Berkshire County Savings Bank on Tuesday to announce housing initiatives that are expected to bring more than 1,300 units online. 

"People come here from all over the world. We want them to stay here, and we want kids who grew up here to be able to afford to stay here, but the problem is that for decades, we just weren't building enough housing to keep up with demand," she said. 

"And you guys know what happens when there isn't enough supply: prices go up. We have among the lowest vacancy rates in the country, so against that challenge, we made it our priority from day one to build more homes as quickly as possible." 

Approximately $8.4 million from the new Commercial Conversion Tax Credit Initiative (CCTCI) is designed help communities transform empty or rundown commercial buildings into new homes along with $139.5 million in low-income housing tax credits and subsidies through the Affordable Housing Development grant program. 

The historic 24 North St. with a view of Park Square has been vacant for about two years, and Allegrone Companies plans to redevelop it and 30-34 North St. into 23 mixed-income units. The administration announced its Commercial Conversion Tax Credit Initiative (CCTCI) and the Affordable Housing Development grant program as ways to aid housing production, both of which Pittsfield will benefit from. 

The state is partnering with Hearthway for the construction of 47 affordable units on Linden Street, utilizing the former Polish Community Club and new construction, and Allegrone for its redevelopment of the block. 

The Linden Street project is one of the 15 rental developments the Executive Office of Housing and Livable Communities is supporting through $25.7 million in federal low-income housing tax credits, $32.4 million in state low-income housing tax credits, and $81.4 million in subsidies. 

Allegrone's project is supported by the commercial tax credit and was recently awarded $1,800,000 from the MassWorks Infrastructure Program. 

Lt. Gov. Kim Driscoll said she fully comprehends the importance of housing and how crushing it is in communities that need it and want to build, but face difficulties with high construction costs. 

"Housing is the key to keeping people in the community in a safe way and giving them an opportunity to fill those many roles that we need throughout the Commonwealth in cities and towns, large and small, urban and rural, these are all important work. Having somebody fix your boiler, fix your car, we want those individuals to be able to live in our communities as well, particularly in our gateway cities," she said. 

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