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BEST Community Comeback

Berkshire Bank - Boston, MA

2022 Community Committment Awards Submission

  • Community and Economic Development
  • Asset Size: Medium

Berkshire Bank's vision is to be a high-performing, leading socially responsible community bank in New England and beyond. Berkshire provides business and consumer banking, mortgage, wealth management and investment services. The Bank has approximately .1 billion in assets and operates 105 branch offices in New England and New York. Headquartered in Boston, Berkshire Hills Bancorp (NYSE: BHLB) is the parent of Berkshire Bank. Named one of America's Most Trusted Companies 2022 by Newsweek, Berkshire is also listed in the Bloomberg Gender-Equality Index and a Best Place to Work for LTBGQ+ Equality.

At Berkshire Bank our most important investment for 175 years has been the one we make in each other. We believe that a better world requires a better approach to banking. With the launch of our BEST Community Comeback, we are living out our purpose: powering the financial potential of our communities.

The BEST Community Comeback is a multi-year billion commitment which focuses on strengthening communities in four key areas: fueling small businesses, community financing and philanthropy, financial access and empowerment, and environmental sustainability. Through the plan, Berkshire will lend and invest billion including .5 billion for low-moderate income neighborhoods and million in low-carbon projects. We'll help improve the financial outcomes in 300,000 people and provide 200,000 consumers with a socially responsible banking account. Berkshire will create and save countless jobs, invest in our employees, and strengthen our diversity, equity and inclusion work in our communities. Every community deserves a comeback and through this multi-year investment, we are unleashing the untapped potential within every community we serve.