Magazine Names Berkshire Bank a Top Charitable Contributor
PITTSFIELD — Berkshire Bank was recently named by the Boston Business Journal as one of Massachusetts’ most charitable companies at the publication’s annual Corporate Citizenship Summit in Boston on Sept. 10.
The Boston Business Journal is one of the leading sources for business news, research, and events in the Greater Boston area. Each year the magazine honors a select list of companies for their charitable work in the community. Berkshire Bank ranked 40th for total financial contributions with more than $1.1 million donated in Massachusetts alone, and ranked fourth for its employee volunteer efforts. Berkshire Bank joined a select list of statewide, national, and international companies honored at the summit.
The award recognized Berkshire Bank and Berkshire Bank Foundation’s philanthropic investments in the community through their charitable grants, corporate giving, in-kind donations, and employee volunteerism through the bank’s award-winning X-TEAM volunteer program. Annually, Berkshire Bank and its foundation award $2 million to community organizations, as well as scholarships to high-school seniors with a record of academic excellence and financial need. In addition to financial support, the X-TEAM provided employees with paid time off to volunteer during regular business hours. In 2013, 70% of Berkshire Bank’s employees donated in excess of 40,000 hours of service to benefit community organizations across the company’s service area.