Berkshire Expands Mid-Atlantic Commercial Loan Team

Martha Morley joined Berkshire Bank as vice president, commercial loan officer. Morley will be tasked with continuing the bank’s growth initiatives by maintaining strong client relationships in the Mid-Atlantic region.

Grassroots ABL: Regional Banking Execs Upbeat About Economy

Regional banks play an important role in today’s economy, offering personalized services to small and middle-market businesses. They also are expanding into the ABL market to serve those customers. ABF Journal contributor Lisa Miller spoke with ABL executives from four regional banks who shared their thoughts on the economy, the impact of technology and working with alternative lenders.

Crumlish Joins Berkshire Bank ABL Team

Berkshire Bank hired Jim Crumlish as vice president, Asset-Based Lending and relationship manager. He will be based in Blue Bell, PA and serve the Mid-Atlantic Region.

Berkshire Bank Appoints Williams VP/ABL Officer

Berkshire Bank appointed Diane Williams vice president, asset-based loan officer for the Mid-Atlantic region.

Berkshire Hills Completes Commerce Bancshares Acquisition

Berkshire Hills Bancorp completed the acquisition of Commerce Bancshares and the merger of Commerce Bank into Berkshire Bank.

Crystal Financial Provides Acquisition Financing for ProAir

Crystal Financial funded a $15.0 million senior secured term loan to support ProAir’s acquisition of Bus Air Manufacturing.

Berkshire Hills Bancorp to Move Corporate HQ to Boston

Berkshire Hills Bancorp, parent of Berkshire Bank, is relocating its corporate headquarters to Boston later this year to support the bank’s strategic growth throughout the Northeast.

Former PNC Business Credit Exec Joins Berkshire Bank as SVP

Kenneth Kaestner joined Berkshire Bank as senior vice president, ABL regional leader of the mid-Atlantic region. Kaestner was previously SVP, team leader and relationship manager at PNC Business Credit.

Berkshire Bank Adds SVP, Regional Leader to Mid-Atlantic Team

Maryann Lewis will serve as BerKshire Bank’s senior vice president, commercial region lead for the mid-Atlantic region covering both New Jersey and Pennsylvania.

44 Business Capital Becomes Division of Berkshire Bank

Berkshire Bank completed its asset purchase transaction with 44 Business Capital and Parke Bank under which Berkshire has acquired the business model of 44 Business Capital and certain assets of Parke Bank’s SBA 7 (a) loan program operations.