BHLB
- Berkshire Hills Bancorp, Inc.
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Overview
Company Summary
Berkshire Hills Bancorp, Inc. (BHLB) is a regional bank holding company headquartered in Pittsfield, Massachusetts. The company operates through its subsidiary, Berkshire Bank, which provides various banking and financial services to individuals, businesses, and municipalities in the Northeastern United States.
Berkshire Bank offers traditional banking products such as checking and savings accounts, certificates of deposit, and individual retirement accounts (IRAs). It also provides lending facilities, including mortgages, home equity loans, commercial loans, and consumer loans.
Additionally, Berkshire Bank offers a wide range of wealth management and investment services through its subsidiary, Berkshire Asset Management. These services encompass financial planning, retirement planning, trust and estate administration, and investment management.
BHLB also provides commercial banking services to businesses, including cash management, treasury services, commercial lending, and merchant services. The bank caters to various industries, including healthcare, manufacturing, professional services, real estate, and nonprofit organizations.
Furthermore, BHLB operates an insurance subsidiary called Berkshire Insurance Group, which offers property and casualty insurance solutions, group employee benefits, and individual life and health coverage.
In summary, Berkshire Hills Bancorp, Inc. is primarily engaged in providing comprehensive banking, wealth management, investment, commercial banking, and insurance services to individuals, businesses, and municipalities in the Northeastern United States.