Community Bancorp of the Berkshires Announces Election of new Chair

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ADAMS, Mass – Community Bancorp of the Berkshires, the mutual holding company of Adams Community Bank, announced at their May 18, 2022, meeting that the board of directors unanimously voted Jeffrey P. Grandchamp Chair of the Board.
 
Grandchamp succeeds Steve Pagnotta, who served as Chair for the past five years. 
 
"On behalf of our board and management team, we thank Steve for his dedicated service and deep
commitment to the Bank," Adams Community Bank President and CEO Charlie O’Brien said. "We greatly appreciate the leadership, wisdom, and expertise that Steve has provided during a period of significant growth for the Bank."
 
Grandchamp is an attorney with Grandchamp Law Offices, LLC. He attended McGill University, Montreal, and graduated from Temple University, Penn, summa cum laude. Grandchamp received his law degree from the University of Connecticut. 
 
He is a veteran of the U.S. Navy and is active in the community.
 
Grandchamp joined Adams Community Bank’s board in 2011 and has served on the audit, and compensation committees and as Chair of the governance and technology committees. Most recently, he served as Clerk of the Corporation.
 
"Jeff’s long history of leadership, coupled with his experience advising the Bank as a board member, makes him an ideal person for this role," O’Brien said. "I look forward to working closely with Grandchamp to continue to ensure Adams Community Bank makes a positive impact on our customers, community, and staff."

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Adams Town Meeting OKs Memorial Building Sale

By Tammy Daniels iBerkshires Staff
ADAMS, Mass. — Town meeting on Tuesday authorized the Board of Selectmen to negotiate purchase-and-sale and lease agreements for Memorial Building.
 
The vote was 85-2 supporting the sale of the former school building for housing and leasing back the gym/auditorium area for 20 years as a community center.
 
The goal has been to turn the south end of the 72-year-old building into a community center and Council on Aging facility using the gym, auditorium and offices. The condition of the building, primarily the bathrooms, has prevented this. 
 
Michael Mackin was the only bidder in the last request for proposals and plans to invest $1 million in the town's section, including upgrading the bathrooms that will make the space usable. He's proposing to put in 25 apartment units, of which around five will be affordable, and commercial space in the cafeteria.
 
Members spent more than a half-hour debating the wisdom of the sale, with some advocating for a way to retain ownership of the property. 
 
"I don't like the idea of giving away a nice beautiful location of a building and then having to pay rent for it," said town meeting member Corinne Case. "It just doesn't fit well with me." 
 
Community Development Director Eammon Coughlan said the town had always assumed it would be some type of condominium arrangement, with the developer taking over the classroom wing. 
 
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