Source: StreetInsider

Press Release: Berkshire Bank : Berkshire Hills to Acquire SI Financial Group

Berkshire's total assets will increase to $13.6 billion including the $1.6 billion in acquired SIFI assets. SIFI reported $1.3 billion in loans and $1.3 billion in deposits as of September 30, 2018. This merger agreement increases Berkshire's market presence with 18 branches in Eastern CT and 5 branches in Rhode Island, adding to Berkshire's existing 9 Connecticut branches.

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Sean A. Gray's photo - Interim-CEO of Berkshire Bank

Interim-CEO

Sean A. Gray

CEO Approval Rating

82/100

Berkshire Bank is a financial institution that provides insurance, wealth management, retail and commercial banking services. Read more