Pittsfield Co-Op Names Assistance Vice President/Commercial Loan Officer

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PITTSFIELD, Mass. — Allison E. Loring has joined the Pittsfield Cooperative Bank as assistant vice president/commercial loan officer for the bank's Commercial Loan Department at 70 South St. Pittsfield.  

Prior to joining the Pittsfield Cooperative Bank, Loring participated in the prestigious Financial Management Program at GE Capital. Upon completion, Loring served in roles of increasing responsibility for GE Capital Markets, Inc. in New York, London and Connecticut. In addition to her financial background, Loring co-owned and operated the Morgan House in Lee, where she was responsible for daily operations.  

In her new role, Loring will be responsible for the bank's focus on commercial lending and providing financial expertise. She holds a degree in finance from Boston College, Wallace E. Carroll School of Management, and also completed the Massachusetts Bankers Association School of Commercial Lending.

A native of Lee, Loring currently resides in Pittsfield and enjoys running, hiking, golf and yoga.

"I am excited to welcome Allison to the bank, as we believe in highly skilled home-grown talent," said J. Jay Anderson, president and CEO of the Pittsfield Cooperative Bank. "Banking is a personal business, Allison's combined experience in finance and small business, will only help make our community a better place to live, work and play and she joins a team that – as a whole-is truly invested in our little niche in the Berkshires."









 

 

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Pittsfield Cannabis Cultivator Plans Dispensary

By Brittany PolitoiBerkshires Staff

PITTSFIELD. Mass. — A cannabis cultivator and manufacturer has opted to sell its products on site in Downing Parkway. 

The Zoning Board of Appeals this month approved a special permit for J-B.A.M. Inc. to operate a dispensary out of its existing grow facility. There will only be changes to the interior of 71 Downing Parkway, as there will be less than 500 square feet of retail space in the 20,000-square-foot building. 

"My only concern would be the impact, and really would be traffic, which I don't think is excessive, the odor, if there was one, but that doesn't seem to be an issue, and I think it's a good location for a marijuana facility," board member Thomas Goggins said. 

The company's indoor cultivation site plan was approved in 2019, an amendment to add manufacturing and processing in 2021, and on the prior day, a new site plan to add a retail dispensary was approved by the Community Development Board. 

J-B.A.M. cannabis products are available in local dispensaries. 

The interior of the facility will be divided to accommodate an enclosed check-in area, front entrance, retail lobby, secure storage room, offices, and two bathrooms. There are 27 parking spaces for the facility, which is sufficient for the use. 

No medical or recreational cannabis uses are permitted within 500 feet of a school or daycare, a setback that is met, and the space is within an industrial park at the end of a cul-de-sac. 

"The applicant desires the restructuring of the business to be more competitive in the industry with the ability to grow and sell their own cannabis products so they have more financial stability," Chair Albert Ingegni III, read from the application. 

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