Business Information
The group's principal activity is to provide banking services. It is a holding company for the berkshire bank in Massachusetts, a member of the federal home loan bank system. The bank accepts savings, checking accounts, term certificate accounts and other deposits from the public in the areas surrounding its offices and lends them as loans. The loans consist of residential mortgage loans, commercial business and real estate loans and consumer loans that are principally automobile loans. The group makes investments in us government and agency securities, mortgage and asset-backed securities, collateralized mortgage obligations, debt and equity securities and other investments. In addition, it also provides trust services and insurance products. The group operates through 11 offices mainly in berkshire county in Massachusetts, extending its business into western Massachusetts, northern Connecticut, eastern New York and southern Vermont.
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Name |
Title
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Email
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| Lawrence Bossidy | Chmn. | N/A | | Ross Gorman | CEO, Pres. - Berkshire Insurance Group, Inc | N/A | | Gerald Denmark | Corp. Sec. | N/A | | Wayne Patenaude | CFO, Sr. VP, Treasurer | N/A | | Gayle Fawcett | Sr. VP | N/A |
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Year |
Sales |
Net Income |
| 2006 | 133,229 | 11,263 | | 2005 | 102,655 | 8,226 | | 2004 | 68,845 | 11,509
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