Adams Community Bank Hires New SVP Loan Operations

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ADAMS, Mass. — Adams Community Bank (ACB) announced the addition of Mike Barbieri as Senior Vice President Loan Operations. 
 
In this role, Barbieri will oversee the Bank's loan operations, ensuring the efficiency and effectiveness of loan processes, and driving strategic initiatives to enhance customer service and operational excellence.
 
Barbieri brings over 29 years of experience in the financial services industry, including holding leadership roles with Greylock Federal Credit Union and Pittsfield Cooperative Bank. His expertise in loan servicing and operational efficiency will help in advancing the bank's commitment to providing exceptional financial products and services.
 
"We are thrilled to welcome Mike Barbieri to the ACB team," said Julie Fallon Hughes President & CEO of the Bank. "With his extensive experience and knowledge, we are confident that he will make an immediate impact on our loan operations and help drive our ongoing efforts to deliver exceptional value to our customers."
 
As SVP of Loan Operations, he will work closely with the bank's leadership team to continue streamlining loan origination and servicing processes, enhancing technology systems, and ensuring full compliance with regulatory requirements.
 
Barbieri serves as current chair of the Board for Heartway Inc (fka Berkshire Housing Services/Development), and also serves as a board member of the Berkshire Life Foundation and the MCLA foundation. Barbieri holds a BA in Business Administration-Finance from MCLA.

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Adams Applies for CDBG Grant to Address Blight

By Sabrina DammsiBerkshires Staff
ADAMS, Mass. — The town continues its efforts to address blight in the community by applying for funds through the Community Development Block Grant, as it has done years prior.  
 
The Select Board recently approved the grant application requesting $950,000 to fund the highly anticipated Winter Street reconstruction and the town's Adams Housing Rehabilitation Program. 
 
CDBG is a federally funded competitive grant program administered by the state. It can be used for activities that address blight, housing, beautification, demolition and economic development.
 
The need for these funds is substantial as towns work to balance addressing high-cost infrastructure repairs with limited state and federal funding, such as Chapter 90, said Donna Cesan, community development director. 
 
"Adams is one of the poor communities in the commonwealth.  Here in the Northern Berkshires, we're still recovering from the '60s and the loss of our manufacturing base, so it's been a slow recovery," she said. 
 
Cesan has been working with the town for more than 20 years and during that time has seen improvements but there are still setbacks, including the rising costs to address the communities needs. 
 
"To continue to work on projects like this to improve the community. So, I think Adams is very deserving of this. I think the community needs this," she said. 
 
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