Saturday, March 3, 2012

BERKSHIRE HILLS BANCORP INC.(BUSINESS)

AMEX: BHL Headquarters: 24 North St., Pittsfield, Mass. Company founded: Subsidiary Berkshire Bank founded in 1846; Berkshire Hills Bancorp organized in 2000 as part of its conversion from mutual to stock ownership. Activities: The $1.22 billion-asset Berkshire Bank has 11 branches in Berkshire County, through which it provides banking, investment and insurance products. Over the summer, Berkshire opened a so-called ``representative office'' on State Street in Albany, through which it offers commercial loans. Employees: 259, including one at the Albany office Performance: Since it began trading, Berkshire Hills' stock outperformed the American Stock Exchange major market index …

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