Adams Community Bank and Pittsfield Cooperative Bank Receive Regulatory Approval for Merger
PITTSFIELD, Mass. — Adams Community Bank and Pittsfield Cooperative Bank announced that they have received regulatory approval from the Federal Deposit Insurance Corporation (FDIC) and the Massachusetts Division of Banks to move forward with their previously announced merger.
The combined institution will operate under its new name, Trailmark Bank.
Another milestone was reached on Sept 10, 2026, when corporators of Community Bancorp of the Berkshires, MHC, the parent company of Adams Community Bank, approved the addition of new corporators from Pittsfield Cooperative Bank to the future Trailmark Bank corporator body, expanding representation from both institutions and strengthening the shared governance structure.
The approvals represent an important milestone in bringing together two longstanding Berkshire County community banks. The merger will create a stronger, locally focused financial institution with approximately $1.5 billion in assets, nearly 200 employees and full-service branches serving communities across Berkshire County. Trailmark Bank will offer greater resources, expanded capabilities and broader expertise while maintaining the personal relationships and local decision-making that have defined both organizations.
"Receiving regulatory approval brings us another important step closer to becoming Trailmark Bank," said Julie Fallon Hughes, CEO of Adams Community Bank. "Our teams have been working closely together to prepare for this transition while remaining focused on our customers and communities. The recent addition of corporators from both institutions to our future governance structure is another meaningful example of how we are thoughtfully bringing our organizations together."
Gregg Levante, President of Pittsfield Cooperative Bank, added, "This merger has always been about creating something stronger for the future while preserving the community banking relationships our customers value. As Trailmark Bank, we will have the scale and resources to serve customers at every stage of their financial journey and support the continued growth of businesses and communities throughout the Berkshires."
With regulatory approvals received, the banks are now working toward the operational conversion to Trailmark Bank, which is expected to occur in Q4. Until the conversion is completed, Adams Community Bank and Pittsfield Cooperative Bank will continue to operate under their respective names, and customers should continue banking as they normally do.
No action is required from customers at this time. Customers will receive detailed information well in advance of the conversion, including important dates and information about their accounts and banking services. Both institutions are committed to providing clear, timely communications and support throughout the transition.
The Trailmark Bank name reflects the combined bank's vision for the future and its role in helping customers navigate their individual financial paths, stated a press release. With a broader presence across Berkshire County, Trailmark Bank will combine expanded financial strength and capabilities with the local knowledge, personal service and community commitment customers have come to expect from both banks. Customers will continue to benefit from the deposit protection provided by the FDIC and the Depositors Insurance Fund (DIF).
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