Pittsfield-based Berkshire Bank, which bills itself as “America’s most exciting bank,” could be bringing some banking excitement to central New York state.
That’s because the bank’s parent company, Berkshire Hills Bancorp Inc., said Tuesday that it has completed the acquisition of 20 retail bank locations in that area from Bank of America.
As a result of that transaction, Berkshire said it acquired about $450 million in deposits and $4 million in loans.
With the completion of the deal, Berkshire said it now has 91 branches in various parts of New England and New York.
The newly acquired branches are located in such New York communities as Amsterdam, Glens Falls, Greenville, Hudson, New Lebanon, Queensbury, Utica, and Whitesboro.
‘We are thrilled to welcome the customers and employees of these branches to America’s Most Exciting Bank,” Berkshire chairman and chief executive Michael Daly said in a statement.