Adams Community Bank Receives an Outstanding CRA Rating

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PITTSFIELD, Mass. — Adams Community Bank (ACB) announced they received a rating of "Outstanding" from the Federal Deposit Insurance Corporation (FDIC) for the Community Reinvestment Act (CRA) in their recently completed evaluation.
 
The bank was among four of 66 financial institutions evaluated to be rated the highest outstanding rating. 
 
The CRA is a law established to encourage insured depository institutions to help meet the local credit needs of the communities in which they are chartered, including low- and moderate-income (LMI) neighborhoods, consistent with safe and sound operations.
 
Bank President, Charles O'Brien, noted the Bank did well in all three facets of the CRA exam, including lending in, investing in, and service in their communities.
 
"We have increased loans by nearly $200 million, or 37 percent, in the past three years while lending in every census tract in Berkshire County," he said. "In this same period, our charitable contributions were approximately one million dollars in donations."
 
ACB's AVP Retail Loan and CRA Officer, Dawn Lampiasi, concurred with O'Brien in praising the entire team's efforts. 
 
"Each employee within the Bank deserves credit for achieving this distinguished rating. From the lending team for ensuring we lend to borrowers of various income levels, to each employee that volunteers their time." 
 
 
 

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St. Stans Teacher Honored With Excellence in Teaching Award

By Jack GuerinoiBerkshires Staff
ADAMS, Mass. — St. Stanislaus Kostka School fourth grade teacher Tammy Barosso received a Pioneer Valley Excellence in Teaching Award.
 
Tammy Barosso was teaching her class Tuesday morning when Maria Wagner, Springfield Diocese Superintendent of Catholic Schools dropped in with a group of administrators and a film crew to present her with the award.
 
"I didn't know that they were doing this," Barosso said. "I'm super excited. It is an honor. I absolutely love what I do here. The kids are the reason why I do what I do. We have a blast."
 
Wagner said the award recognizes four teachers across Western Massachusetts, including one new teacher. She added that teachers must be licensed and demonstrate exemplary performance and compassion.
 
Principal Chris Bersaw said Barosso has been with the school for 25 years and is the longest-serving teacher.
 
"She's taught me a lot about the school and our community, and everything and all the ups and downs over the years," he said. "So she's helped me a lot."
 
He added that she sets an example for all other educators in the building.
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