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Berkshire Hills Bancorp Inc. (BHLB)

23.16 Down 0.23(0.98%) 4:02PM EDT
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Berkshire Hills Bancorp Inc.
24 North Street
Pittsfield, MA 01201
United States - Map
Phone: 413-443-5601

Index Membership:N/A
Industry:Savings & Loans
Full Time Employees:1,050

Business Summary 

Berkshire Hills Bancorp, Inc., through its subsidiaries, provides retail and commercial banking, insurance, and wealth management services. The company operates in two segments, Banking and Insurance. It offers various deposit accounts, such as interest-bearing and noninterest-bearing checking, regular savings, money market savings, time certificates of deposit, NOW, and retirement deposit accounts; and loans, including residential mortgage, commercial mortgage, commercial business, and consumer loans. The company also provides wealth management services comprising investment management, trust administration, estate planning, and private banking, as well as investment products, financial planning, and brokerage services. In addition, it offers personal and commercial property, and casualty insurance; employee benefits insurance; and life, health, and financial services insurance products. Further, the company provides retail and commercial electronic banking services, commercial cash management services, and commercial interest rate swap instruments for commercial customers; and debit cards and other electronic payment services to transaction account customers. It serves retail, commercial, not-for-profit, and municipal customers. The company operates 92 full service branches in Massachusetts, New York, Connecticut, and Vermont; and commercial and residential lending offices located in Eastern Massachusetts. Berkshire Hills Bancorp, Inc. was founded in 1846 and is headquartered in Pittsfield, Massachusetts.

Key Statistics

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Corporate Governance 
Berkshire Hills Bancorp Inc.’s ISS Governance QuickScore as of Jul 1, 2014 is 4. The pillar scores are Audit: 1; Board: 6; Shareholder Rights: 7; Compensation: 1.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
Mr. Michael P. Daly , 53
Chief Exec. Officer, Pres, Director, Chief Exec. Officer of Berkshire Bank, Chief Exec. Officer of Greater Berkshire Foundation, Pres of Bank Foundation, Pres of Berkshire Bank and Director of Berkshire Bank
Ms. Josephine Iannelli , 41
Chief Financial Officer, Principal Accounting Officer and Exec. VP
Mr. Richard M. Marotta , 55
Chief Risk & Admin. Officer, Exec. VP, Chief Risk Officer of Berkshire Bank and Exec. VP of Berkshire Bank
Mr. Sean A. Gray , 37
Exec. VP of Retail Banking and Exec. VP of Retail Banking of Berkshire Bank
Mr. Robert M. Curley , 66
Non-Independent Director, Chairman of Risk Management Committee, Member of Capital Committee and Chairman of Berkshire Bank-New York Region
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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