Daly Announced as CEO of Pittsfield Co-op

03:44PM / Monday, January 13, 2025Print Story | Email Story

Michael Daly

PITTSFIELD, Mass. — Pittsfield Cooperative Bank has named Michael P. Daly its chief executive officer. A friend and customer of the institution since the 1980s, Daly will help develop strategies for ongoing success.

"Pittsfield Cooperative Bank appreciates Mike's willingness to step in and assist us," said Board Chair John J. Martin Jr., partner at Martin Hochberg & Cianflone. "We look forward to his help in creating and executing a thoughtful plan for the future and continued profitability."

A Pittsfield native and Berkshire resident, Daly said he is motivated to step out of retirement because of his deep roots and friendships in the community and at the bank.

"This arrangement wouldn't be happening if it wasn't in Pittsfield, Mass., and with Pittsfield Cooperative Bank," Daly said. "I have had a long history with the bank, and I am thrilled to return and build on the success of this community bank."

It was announced last week that Jay Anderson, CEO for 15 years, was stepping down for health reasons.

Previously, Daly was chairman, president and CEO of Berkshire Bank in Pittsfield. He began his career there in 1986 as a commercial lender. The bank went public in 2000. In 2002 he ascended to president and CEO. During his 16-year tenure, he grew the bank from approximately $1 billion in assets to a company with over $12 billion in assets.

"I loved my time at Berkshire," Daly said. "I will always be grateful to my board members and all of the employees for what we shared and accomplished in the community." Now, he said, "The chance to return to my hometown with a community bank is a really compelling opportunity."

Co-op Bank is one of the oldest cooperative banks in the commonwealth of Massachusetts and has $400 million in assets. With a capital ratio of 16 percent it is one of the strongest in Massachusetts, and has achieved record earnings four out of five of the last fiscal years. Last year, Pittsfield Co-op commemorated its 135th anniversary with a new logo, website, branch signage, branch location, deposit and lending promotions, and digital infrastructure and technology.

"The spirit of a community bank is its connection to employees, local customers and the community," Daly said. "That's what I'm looking forward to most."

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Pittsfield's DPW Czar Talks Snow Plowing

By Brittany PolitoiBerkshires Staff
05:04AM / Wednesday, February 11, 2026

PITTSFIELD, Mass. — Staffing shortages continue to stretch Pittsfield’s public works employees thin during winter storm events.

On Monday, Commissioner of Public Services and Utilities Ricardo Morales updated the Public Works Committee on snow operations. Last winter, snow maintenance and winter overtime were overspent by nearly $1.2 million, and Pittsfield saw a total of 4.77 feet of snow.

"We place safety over everything else when we do the work we do, and one of those main things is to ensure that we have safe access for emergency vehicles. Then we consider equity, efficiency, and cost control," Morales explained.

"… We have to do the work we're doing and if the budget is at the end of the day, at the end of the year in the negative, then we have to make sure that we can replenish that by some other means and that's why, very often, almost every year, I have not seen a year where we have not done this, we come back to the City Council to ask for funds to replenish some of the funds spent on snow and ice."

The region saw more than a foot of snow earlier this year, and it continued to fall on Tuesday. Snow accumulation is significant because of freezing temperatures.

This winter season to date, 4.5 feet of snow has fallen on Pittsfield, and contractors worked more than 4,000 hours.

Morales cited contractor availability, contractor rates and insurance, staffing shortages, and increasing weather unpredictability as the main challenges for snow removal operations in fiscal year 2025. Staffing shortages continue in 2026, as the Highway Division has seven vacancies, causing "a major issue" when it comes to maintaining around-the-clock staffing during storms.

Contractors have been brought in to supplement with larger vehicles, and Deputy Commissioner Jason Murphy and other employees have been plowing while they should be focused on quality control. Morales pointed out that the city has worked with contractors to provide better pay and insurance standards for this winter season.

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