ADAMS, Mass. — Community Bancorp of the Berkshires, MHC, the parent company of Adams Community Bank, announced the election of Tim Burke as a Trustee to the company and a Board of Director, to its wholly-owned subsidiary Adams Community Bank, effective immediately.

 

Tim Burke is the CEO and Managing Director at Mill Town Capital, a private community investment group based in Pittsfield, which he's been a part of since its inception in 2016. He is responsible for the overall strategy and management of the firm, investment portfolio, and team. 

 

He sources and leads business and real estate investments and partners with entrepreneurs on concept exploration and company formation.

 

"We're excited to have Burke join our board. As a community bank, our strength lies in the experience and dedication of our board," said Jeffrey Grandchamp, Chair of the Board. "Burke's fresh perspective, grounded in innovation and impact, will be a strong addition to the board."  

 

Burke has nearly 20 years of experience in business, financial management, and investment management. He spent seven years in the biotech industry in Cambridge, in various finance, planning, and operational roles. Burke holds a bachelor's degree in Corporate Finance and Accounting from Bentley University and an MBA from Bentley's McCallum Graduate School of Business.

 

"We are thrilled to welcome Burke to our board," stated Julie Fallon Hughes, President and CEO of Adams Community Bank. "Building on his deep roots in the community and leadership at Mill Town Capital, he brings a forward-thinking perspective that will help support and drive our mission of fostering local growth and opportunity. His insight and experience will help us build on our momentum as we continue to evolve and deepen our connection with the communities we serve."