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Berkshire Bank’s Peter Rice Named Financial Services Champion

BOSTON — The Small Business Administration (SBA) named Peter Rice of Berkshire Bank the 2016 Financial Services Champion of the Year for Massachusetts.

“Berkshire Bank consistently ranks top 5 in the state for productivity,” said Robert Nelson, SBA Massachusetts District director. “Peter’s commitment in developing strong partnerships with SBA and its partners while supporting underresourced communities serves as a prime formula for success in community lending.”

Added Sean Gray, chief operating officer at Berkshire Bank, “Peter exemplifies the best of Massachusetts partners that help small businesses succeed. It’s an honor to highlight his hard work and dedication. We look forward to continuing to leverage his experience and resources to provide an exceptional SBA lending platform that supports the SBA’s mission on a larger scale.”

Over the past three years, Berkshire Bank has been able to provide more than 150 million dollars in financing to local businesses, with 183 individual SBA loans approved.

The Financial Services Champion of the Year award is presented annually to an economic-development practitioner who exceeds expectations and requirements for advocating for changes to assist small businesses.

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