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Berkshire Bancorp Inc. (BERK)On Nov 24: 6.50   0.00 (0.00%)  
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Berkshire Bancorp Inc.
160 Broadway
New York, NY 10038
United States - Map
Phone: 212-791-5362
Fax: 212-791-5367

DETAILS 
Index Membership:N/A
Sector:Financial
Industry:Regional - Northeast Banks
Full Time Employees:111

BUSINESS SUMMARY 
Berkshire Bancorp, Inc. operates as the holding company for The Berkshire Bank that provides various banking products and services to businesses, professionals, and retail customers primarily in New York City metropolitan area and the Villages of Goshen and Harriman. It offers a range of deposit products, including statement savings accounts, NOW accounts, money market deposits accounts, checking accounts, and certificates of deposits. The company’s loan portfolio comprises commercial mortgage loans secured by office buildings, retail establishments, multi-family residential real estate, and other types of commercial property; commercial loans to businesses for inventory financing, working capital, machinery and equipment purchases, expansion, and other business purposes; and residential mortgage loans secured by first liens on one-to-four family owner-occupied or rental residential real estate, as well as residential single family construction, home equity, and short-term fixed-rate consumer loans. As of December 31, 2008, Berkshire Bank operated seven deposit-taking offices in New York City; four deposit-taking offices in Orange and Sullivan Counties, New York; and one deposit-taking office in Ridgefield, New Jersey. The company was founded in 1979 and is based in New York, New York.
Key Statistics

COMPANY WEBSITES 
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CORPORATE GOVERNANCE 
Berkshire Bancorp Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 16.8% of CGQ Universe companies and 5.9% of Banks companies.
Brought to you by Institutional Shareholder Services.

KEY EXECUTIVES 
 PayExercised
Mr. Steven Rosenberg , 60
Chief Exec. Officer, Pres, Chief Financial Officer, Principal Accounting Officer
N/A N/A
Mr. Moses Krausz , 68
Director, Chief Exec. Officer of The Berkshire Bank and Pres of The Berkshire Bank
N/A N/A
Mr. David W. Lukens Jr., 59
Chief Financial Officer of The Berkshire Bank and Exec. VP of The Berkshire Bank
N/A N/A
Mr. Emanuel J. Adler Esq.,
Sec.
N/A N/A
Dollar amounts are as of 31-Dec-08 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.
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