Greylock Federal Helps New Americans Attain ITIN

Print Story | Email Story
PITTSFIELD, Mass. Immigrants who do not have a social security number are required to have an Individual Taxpayer Identification Number (ITIN) to actively participate in the U.S. financial system and apply for loans, such as credit cards, auto loans and mortgages, as well as to pay their taxes.
 
While some agencies or organizations may charge hundreds of dollars to help an immigrant apply for an ITIN, the service is free of charge at Greylock.
 
"At Greylock, we know that our new Americans comprise one of our fastest growing member sectors. It's absolutely vital that we provide them with safe and affordable financial services to support their goals for both the present and future," said President and CEO John Bissell.
 
According to a press release, since 2019, the credit union has helped more than 1,800 individuals obtain an ITIN. In 2023, Greylock's Certified IRS ITIN Agents helped submit 602 ITIN applications to the IRS, opening the door to financial resources for community members who need this access to support their financial wellness.
 
While not every new ITIN recipient will apply for a loan through Greylock, many have utilized these resources. Through Greylock's lending programs, members have access to tailored lending products such as a Credit Builder Loan, Borrow and Save Loan, Lifeline (a small dollar installment loan), New Road Loans for new and used vehicles, and most recently, ITIN mortgages.
 
Since 2019, Greylock has approved over 2,000 ITIN loan applications for over $27 million. In 2023, Greylock approved 660 ITIN loan applications for $7,172,409, and the credit union is on pace to exceed those numbers in 2024.
 
"Of course, we are thrilled with those numbers," Bissell added, "but what excites me the most personally is that each one of those ITIN loan applications represents a new American who is working hard to achieve their American Dream."
 
To learn more about Greylock's ITIN offerings, email Bob Maxwell, Senior Content Producer, at bmaxwell@greylock.org.

Tags: Greylock Federal,   

If you would like to contribute information on this article, contact us at info@iberkshires.com.

Child-Care Providers Want Mental Health Support, Better Wages

By Brittany PolitoiBerkshires Staff

Education Secretary Patrick Tutwiler and Early Education and Care Commissioner Amy Kershaw host a listening session on early child care at BCC on Wednesday.

PITTSFIELD, Mass. — Local child-care providers called for mental health support and equitable pay at a listening session with state officials this week. 

"We don't provide resources for our educators so that they have a strength in the classroom. They're putting out fires constantly. How are they educating? How are they teaching?" said Elise Weller, senior director of child care services at 18 Degrees.

"The social-emotional development of these children is so important."

Katherine Von Haefen, director of community impact at Berkshire United Way, said a single parent with school-aged children needs to make between $70,000 and $80,000 annually just to meet basic needs and a great many local parents are not making that mark — including teachers.

"Just over half of our population now in Berkshire County is considered to be economically challenged, working yet still struggling to make ends meet. Too many of our local educators are part of this economically challenged population," she said.

"Frequently we hear directors sharing stories of staff refusing raises or bonuses so that they do not lose out on key benefits. This is not OK. Early childhood compensation is truly a very complicated issue and one that frankly, has not yet been fully successfully addressed across the country. It's one that's complicated yet, we still need to look at a variety of possible solutions. Multiple solutions that can be piloted and road tested before engaging in large-scale efforts."

Education Secretary Patrick Tutwiler and Early Education and Care Commissioner Amy Kershaw hosted the childcare listening session Wednesday at Berkshire Community College. The panel also included state Outdoor Recreation Director Paul Jahnige, Alvina Brevard of the state Executive Office of Housing and Livable Communities, and Undersecretary of Education Mark Reilly.

"We know that there are some really difficult barriers facing this particular field: accessibility, affordability for families, opportunity, and so we will be discussing, I'm sure, all of that," BCC President Ellen Kennedy said.

"I am particularly committed to this. I am the parent of a son who is now in his thirties with a son who was at a child-care center but my son went in at eight weeks old and I have shared on one or two occasions that it was the professionals in the child-care center that made me a better parent, that actually taught me how to parent, and I am forever in their debt for the ways in which they helped me help my son."

View Full Story

More Pittsfield Stories