Franklin First Federal OKs Merger with Greylock Federal

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GREENFIELD, Mass. — Franklin First Federal Credit Union (Franklin First) of Greenfield has received member approval for its proposed merger with Greylock Federal Credit Union (Greylock) headquartered in Pittsfield. 
 
The membership vote, which was subject to the approval of the National Credit Union Administration (NCUA), occurred at Franklin First's annual meeting held on April 15.
 
Franklin First membership approval completes the requirements for the merger to move forward. With membership and regulatory approval now in place, the merger is expected to close on June 1, 2026, with a systems conversion scheduled for early 2027.
 
On Sept 19, 2025, Franklin First's Board of Directors agreed to merge with Greylock, with Greylock serving as the surviving credit union. Franklin First will merge into Greylock's charter and will continue to operate under the Franklin First brand as a division of Greylock for a period of time after the merger is completed.
 
"Franklin First is thrilled to begin our new chapter as a division of Greylock. The Board of Directors and employees of Franklin First are thankful to our membership for supporting this merger and we look forward to continuing our work for our members and in our community with the strong support from Greylock behind our team here in Franklin County," said Michelle Dwyer, President and CEO of Franklin First.
 
"My deepest thanks to the Franklin First membership for their trust, support, and confidence in this momentous next step for Franklin First and Greylock. We are especially grateful to Michelle Dwyer and the Franklin First Board of Directors for their steadfast leadership through the years. As we move forward together, we will continue to build upon this strong foundation of stewardship and will remain committed to serving the people of Franklin County," said Greylock President and CEO John L. Bissell.
 
Greylock will assume Franklin First's $88 million in assets, giving the continuing credit union approximately $1.7 billion in combined assets. Franklin First has approximately 7,400 members and will continue to operate its branch and two remote ATMs in Greenfield. Franklin First's members will enjoy full use of Greylock branches and ATMs as well as access to Greylock's extensive Business Banking services.
 
Dwyer will continue to manage the Franklin County market. Franklin First employees will continue to have roles with the continuing credit union and will operate from the current office in Greenfield.
 
Greylock currently serves 106,000 members and has full-service branches in branches in Pittsfield, Great Barrington, Lee, Adams, North Adams, Williamstown, Lanesborough, and Lenox, Mass., and Greenport/Hudson, N.Y. As part of Greylock's shared branching network, members have access to a network of 30,000 ATMs and 5,600 branches across the country.

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Pittsfield Council Reviews Public Safety Budget, Keeps SpotShotter

By Brittany PolitoiBerkshires Staff

PITTSFIELD, Mass. — On the fourth day of budget deliberations, the City Council preliminarily approved public safety and public service budgets. 

See the first two days of budget review here; and the third day here.

Councilors deliberated the Pittsfield Police Department's $16,439,421 spending plan for more than 90 minutes. Ward 1 Councilor Kenneth Warren unsuccessfully motioned to cut $220,000 for ShotSpotter services. 

He said the acoustic gunshot detection technology is not well used throughout the country, citing other communities that have opted out or are exploring it. 

Pittsfield has two more years on its contract; while councilors voted down the budget reduction several were willing to explore the impact data and see if those funds could be used elsewhere. 

Police Chief Marc Maddalena reported that there has been a significant decrease in shots fired calls, and attributed it to the surveillance technology assisting enforcement. He said it also comes in faster than 911 calls. 

"If people know that just by that noise alone that we're responding within seconds, that's preventing them from utilizing that weapon," he said. 

"So that in of itself is saving lives." 

It has an about 20 percent accuracy rate, and police respond to every activation. 

On Sunday, at least two homes in the area of Memorial Drive and Doyle Drive were struck by gunfire and investigators located 17 shell casings on scene. This was brought up during conversation; it was reported that there were 13 impulses on ShotSpotter during the incident. 

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