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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Five People Displaced by Pittsfield Fire

PITTSFIELD, Mass. — Five people were displaced and one taken to the hospital from a fire on Alcove Street on Friday. 
 
A report by Deputy Chief Ron Clement said three engines, Truck 2 and Car 2 responded to the report a structure fire at 18 Alcove, and found smoke coming from a second-story window. 
 
Crews from Engine 5 entering the residence found heavy fire on the second floor that was brought under control within 30 minutes. All companies participated in search, ventilation and overhaul efforts. 
 
One man was home at the time and taken to Berkshire Medical Center for possible smoke inhalation. No firefighter injuries were reported. 
 
The four others occupants of the single-family home were not there at the time of the fire. They were not able to return to the house but did have alternative housing, wrote Clement.
 
The fire is being investigated by the Fire Department's Investigation Unit.
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