Greylock Federal earns 5-Star Superior Rating

Print Story | Email Story
PITTSFIELD, Mass. — Greylock Federal Credit Union was awarded another 5-Star Superior rating from BauerFinancial, the nation's premier credit union and bank rating firm. 
 
A 5-Star Superior rating indicates that Greylock Federal is one of the strongest credit unions in the nation, excelling in areas of capital, loan quality, stability and more, stated a press release.
 
This marks the 35th consecutive quarter that Greylock Federal has earned this top rating.
 
"Because credit unions put their focus squarely on their membership, they are perfectly positioned to provide the specialized support that is unique to their niche," said Karen L. Dorway, president of BauerFinancial. "Credit unions, like Greylock Federal, invest in the success of their members one at a time. By fostering these relationships, they accomplish two goals: they are typically highly capitalized, and they are accountable to their members."
 
Since its founding in 1935, Greylock Federal has invested in the success of its membership for 91 years, an impressive tenure that is still going strong today.
 
"It's an honor to start 2026 with this commendation," said John Bissell, President and CEO of Greylock Federal. "The BauerFinancial 5-Star Rating provides our 106,000 members with a high degree of confidence that Greylock is built to last. Even as our credit union continues to grow, we remain totally focused on building deep and lasting local relationships. Our member service is what sets us apart."
 
 
 

Tags: Greylock Federal,   

If you would like to contribute information on this article, contact us at info@iberkshires.com.

Pittsfield Schools Officials See FY27 Budget for 13 Schools

By Brittany PolitoiBerkshires Staff

PITTSFIELD, Mass. — Right after the School Committee voted to close Morningside Community School, members saw how it will affect the fiscal year 2027 budget

The $87,200,061 budget for FY27 remains, but funds that would have gone to Morningside are following students to four other schools. 

"As we look at the high-level totals, you notice that the total budget amount is the same. We only have so many dollars to work with. Even though that doesn't change, the composition of spending changes," Assistant Superintendent for Business and Finance Bonnie Howland explained. 

Mayor Peter Marchetti, chair of the School Committee, said this year's budget process was "extremely confusing," because of coming changes within the Pittsfield Public Schools, including the middle school restructuring. 

The proposed FY27 budget for the School Department includes $68,886,061 in state Chapter 70 funding and $18 million from the city.  A 13-school plan, excluding Morningside, saves in instruction, school services, and operations and maintenance, allowing those funds to be reinvested across the district. 

Last week, the House Ways and Means Committee released a budget that brings an additional $858,660 to PPS. This includes a rate of $160 per pupil minimum school aid, and Fair Share Amendment earmarks secured by state Rep. Tricia Farley-Bouvier and state Sen. Paul Mark. 

Morningside's pupils will be reassigned to Allendale, Capeless, Egremont, and Williams elementary schools.  For fiscal year 2027, the district had allocated about $5.2 million for Morningside.

Officials identified school's lack of classroom walls as the most significant obstacle, creating a difficult and noisy learning environment that is reflected in its accountability score.

View Full Story

More Pittsfield Stories