Legacy Opens Haydenville Office

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PITTSFIELD, Mass. - Legacy Bancorp, Inc. (the “Company”) (NASDAQ:LEGC), the holding company for Legacy Banks (the “Bank” or  “Legacy”) announced today that the Bank completed its acquisition of the full-service branch office of The Bank of Western Massachusetts, a division of People’s United Bank (“People’s United”) located in Haydenville, Massachusetts (the “Haydenville Office”) on March 13, 2009. 

Pursuant to the terms of the Purchase and Assumption Agreement dated as of December 15, 2008 between the Bank and People’s United, the Bank purchased real property totaling approximately $409,000 and assumed deposit liabilities totaling approximately $9,800,000. The Bank paid a deposit premium equal to four percent (4%), or approximately $392,000. The Bank has retained all employees of the Haydenville Office.

J. Williar Dunlaevy, Chairman and Chief Executive Officer, commented, “We are thrilled to have entered the Pioneer Valley. We look forward to welcoming our new employees and customers of the Haydenville Office to the Legacy family.”

“We are grateful to everyone at Legacy and People’s United for their tireless work and the professional manner in which they executed this acquisition,” Mr. Dunlaevy stated. “We look forward to expanding our presence and relationships in this market and to continuing the Legacy tradition of offering our customers innovative and convenient banking products, services and solutions.”

Legacy Banks is headquartered in Pittsfield, Massachusetts. It employs 197 people and has nineteen offices throughout Berkshire and Hampshire County, Massachusetts and eastern New York.  Legacy offers Personal Banking, Mortgage Lending, Commercial Services, Insurance, Investments, Portfolio Management, Credit and Debit Card products, and Online Services.
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Lanesborough Passes FY 2027 Budget, Warrant Articles

By Breanna SteeleiBerkshires Staff
LANESBOROUGH, Mass. — Town meeting on Tuesday approved an almost $14 million fiscal 2027 budget, and approved bylaws for short-term rentals and signage, and for public safety vehicles. 
 
Of the 20 warrant articles, one, Article 7, to use free cash to pay prior fiscal year bills of $941.27 was indefinitely postponed by Moderator David Rolle because the bills were for the fire association.
 
Some 247 of the town's more than 2,600 registered voters filled Lanesborough Elementary School, debating articles during a meeting that lasted more than three hours. 
 
The town's 2027 spending plan is up more than 10 percent, with the main increases from higher enrollment in the regional schools and the McCann Technical School renovation project.
 
Voters approved the assessment of $7,586,284 for Mount Greylock Regional School. They also approved Article 11, which was the use of $16,298.48 in free cash for the McCann's roof and window replacement project so as not to impact the budget. 
 
Ambulance Director Jen Weber is planning 24-hour coverage, which means more staff and a hike in her budget. Article 5 asked the town to appropriate $234,100 to operate the Ambulance Enterprise Fund for salaries and expenses, which passed.
 
Fire Chief Jeff DeChaine spoke to the audience on his articles and the need for a new truck to replace the 1996 fire truck, listed on the warrant articles for a total $813,366, which includes a $100,000 contingency cost on whether a 2026 model-year chassis can be secured before new emissions standards in 2027. If they get the 2026 chassis, that contingency likely won't be needed.
 
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