Ferry Joins Pittsfield Co-op as Commercial Banking Leader

04:12PM / Thursday, February 06, 2025Print Story | Email Story

PITTSFIELD, Mass. — Pittsfield Cooperative Bank announced that Michael Ferry has come out of retirement to join the bank as its new SVP, Commercial Banking.

With more than 40 years of experience in the local banking industry, including 34 years with Berkshire Bank, Mr. Ferry brings a wealth of knowledge and expertise to his new role.

Prior to his retirement, Mr. Ferry served as Senior Vice President and Commercial Regional President for Berkshire County and Vermont markets at Berkshire Bank. In this capacity, he led commercial lending, relationship management and related services, demonstrating a strong commitment to fostering economic growth within the regions. Additionally, he previously held the position of President of the Berkshire Bank Foundation. Ferry currently serves as a Director of The Feigenbaum Foundation further exemplifying his dedication to community development.

Beyond his professional achievements, Ferry has been an active participant in various community organizations. He has served as a board member and treasurer for Berkshire County Arc for 16 years and was elected as the organization's Chairman of the Board in July 2020.

In his new role at Co-op Bank, Ferry will oversee the commercial banking division, focusing on expanding services and strengthening relationships with local businesses. His leadership is expected to enhance the bank's ability to provide tailored financial solutions that meet the unique needs of the community as well as mentor a growing commercial team that recently won Banker & Tradesman’s 50 Fastest Growing Commercial Lenders.

Michael P. Daly, CEO of Co-op Bank, expressed enthusiasm about Ferry's appointment.

"We are thrilled to welcome Mike Ferry to our team. His extensive experience and deep-rooted commitment to the Berkshires align perfectly with our mission to support local businesses and contribute to the economic vitality of the region," Daly said.

Ferry shared his excitement about joining the bank, stating,

"I am excited to join Pittsfield Cooperative Bank and look forward to working with the team to deliver exceptional service to our commercial customers," Ferry said. "Together, we will continue to support the growth and success of businesses in our community."

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Pittsfield Housing Project Adds 37 Supportive Units and Collective Hope

By Brittany PolitoiBerkshires Staff
05:01PM / Monday, December 29, 2025

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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