Berkshire Bank, a wholly-owned subsidiary of Berkshire Hills Bancorp, entered into definitive agreements with three buyers to sell 10 of its upstate and eastern New York branches.
Berkshire Hills Bancorp, the parent company of Berkshire Bank, elected Eric S. Rosengren to the board of directors of the company and the bank. From 2007 until his retirement in 2021, Rosengren served as president and CEO of the Federal Reserve Bank of Boston.
James “Jim” Brown and Philip Jurgeleit, two commercial banking and credit executives have joined Berkshire Hills Bancorp in executive management roles. Brown joins Berkshire as SEVP, head of commercial banking and Jurgeleit as EVP, chief credit officer.
Berkshire Hills Bancorp, the parent company of Berkshire Bank, appointed Subhadeep Basu senior executive vice president and CFO of the company and the bank. Basu will succeed James M. Moses, who chose to leave the company to pursue other interests.