Pittsfield Cooperative Bank CEO Steps Down

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Pittsfield Co-op President and CEO Jay Anderson presenting a check to the People's Pantry in 2023.
PITTSFIELD, Mass. — After 15 years at the helm, Jay Anderson, chief executive officer of Pittsfield Cooperative Bank, is stepping down for health reasons.  
 
During his tenure as CEO, Anderson, 59, nearly doubled the bank's asset size to $400 million during a period of record profitability in multiple years.
 
"I have been privileged to lead the Pittsfield Cooperative Bank and support the economic growth of this community," Anderson said. "I have full confidence that the bank will continue to thrive in the years ahead."
 
Board Chairman John Martin thanked Anderson for his leadership and his expansion of the bank's management team and the bank’s reputation, particularly in commercial lending.
 
The board is in the process of hiring a new CEO and Martin said he expects to make an announcement in the near future about a successor. 

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Former Adams Police Chief Facing Fraud Charges

Staff Reports
PITTSFIELD, Mass. — The former chief of police in Adams was indicted Tuesday on fraud charges by a Berkshire County grand jury. He is accused of taking nearly $20,000 in overtime funds he didn't earn.
 
Kevin Scott Kelley, aka K. Scott Kelley, 46, was relieved of duty in September and placed on a paid leave of absence until December. Adams town officials declined to say if he was fired or resigned at that time. 
 
He is accused of submitting fraudulent reimbursement claims under a municipal traffic enforcement grant administered by the Office of Grants and Research in conjunction with the Massachusetts Department of Transportation, according to the Berkshire District Attorney's Office. 
 
The alleged conduct began in or about January 2024 and continued through at least January 2025 and was reported by officers under Kelley's command.
 
The members of the Adams Police Department identified discrepancies in the reimbursement submissions and gathered evidence indicative of fraudulent activity. They subsequently requested assistance from the Berkshire State Police Detective Unit and the DA's Office. 
 
Based on the materials initially collected by Adams Police, State Police conducted a formal investigation, which concluded that the defendant submitted and received $19,123.15 in overtime compensation for dates on which he either absent from work or performed duties not consistent with the requirements of the grant program.
 
Kelley was sworn in on January 2021 to replace the retired Chief Richard Tarsa. He came with more than 25 years experience in law enforcement, most recently as police chief for Spartanburg (S.C.) Community College.
 
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