Berkshire Bank opens East Greenbush branch

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Berkshire Bank has opened a full-service branch at 602 Columbia Turnpike, East Greenbush, New York. The Bank completely renovated the building which formerly housed a Resnick's Mattress store and transformed it into a state-of-the-art branch facility with drive-thru lanes, at which it offers a complete line of financial products and services, including personal and business checking and savings accounts, certificates of deposit, money market accounts, IRAs, an ATM, safe deposit boxes, residential and commercial mortgages, auto loans and a wide variety of other types of commercial and consumer loans, home equity loans, retirement products and wealth and investment management. "Berkshire Bank now has five branches and six ATMs in the Albany Capital Region and a total of 26 branches and 35 ATMs throughout our two regions of Western Massachusetts and Northeastern New York," said Michael P. Daly, President and Chief Executive Officer. "We opened our Delmar branch just one week ago and expect to open our Guilderland branch next month. In addition, I'm pleased to announce that we have received regulatory approvals for two full-service branches in Halfmoon and in Colonie, which we expect to open in the 4th quarter of this year. We continue to believe that the Albany Capital Region is a great place to do business and we're obviously delighted that we are now a part of East Greenbush." Sandra L. Fromma is Manager of the East Greenbush branch. Fromma earned an associates degree in business management from Bryant & Stratton College and joined Berkshire Bank in May 2005 as branch manager in Lee, Massachusetts. Prior to that, she was a branch manager with Charter One Bank in Albany for four years and a relationship associate with Key Bank in West Sand Lake for a year. She also held several positions in the mortgage banking industry. Fromma resides in Nassau, New York. She is in the process of becoming a member of the Ambassador's Committee for the Rensselaer County Chamber of Commerce and is an Assistant Girl Scout leader. Dawn Marie Fountain, a resident of Clifton Park, is the Assistant Branch Manager. Fountain is a senior in the Marketing and Management program at Siena College. Her prior banking experience includes four years with Charter One Bank where she was a Financial Services Representative in the Clifton Park branches and specialized in CDs, IRAs and consumer loans. Fountain is active in several community functions, including the annual Making Strides For Breast Cancer campaign. Berkshire Hills Bancorp, Inc. is the holding company for Berkshire Bank. Established in 1846, Berkshire Bank is one of Massachusetts' oldest and largest independent banks and the largest banking institution based in Western Massachusetts. The Bank is headquartered in Pittsfield, Massachusetts with branches serving communities throughout Western Massachusetts and Northeastern New York. The Bank is transitioning into a regional bank and is positioning itself as the financial institution of choice in its retail and commercial markets, delivering exceptional customer service and a broad array of competitively priced deposit, loan, insurance, wealth management and trust services, and investment products. For more information on Berkshire Hills Bancorp, Inc. or Berkshire Bank, visit www.berkshirebank.com or call 800-773-5601.
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Dalton Finance Makes Reserve Fund Transfers

By Sabrina DammsiBerkshires Staff
DALTON, Mass. — The Finance Committee made two reserve fund transfers last Wednesday night. 
 
The reserve fund balance is currently $60,000. This is the first reserve fund transfer the town has made this fiscal year, committee clerk Karen Schmidt said. 
 
A transfer to the vocational education tuition account for $16,000 was approved. The original appropriation was $605,020 and the present balance is $4,527. 
 
It had been previously demonstrated that setting the budget for this account can be challenging due to the uncertainty about how many students will choose to attend vocational education programs.
 
The vocational education account was reduced by $90,000 during a September special town meeting; however, a spot opened up at a vocational program, so a student decided to transfer after the start of the second quarter. 
 
A transfer for the employee fringe benefits account was approved for $10,000. The original appropriation was $64,180. 
 
The present balance is $4,412.77 and is not sufficient to cover the vacation payouts and sick buy backs of the six employees who left this year. 
 
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