Berkshire Bank Commitment to the Military & Veterans

PITTSFIELD, MA, November 9, 2015 – Berkshire Bank, America’s Most Exciting Bank®, has announced an expanded Military and Veterans’ personal and business banking package designed for active duty, reservists, disabled or retired veterans. Berkshire Bank has a history of making banking easier for our servicemen and servicewomen by providing discounts, money management tools, banking and lending offers to save money.
Mike Daly, CEO of Berkshire Bank states, “The program provides tailored products and services and is being kicked off with volunteer projects and a foundation grant of $7,000 to Soldier On. In addition, a $25 donation will be made to Soldier On for each open and active account on Veteran’s Day 2016. These initiatives are all aimed at helping Veterans in our communities. This is only the beginning of what I think we can do to say thank you to these brave men and women and you can expect to see us play an even bigger role going forward.”

The Military & Veterans’ Personal and Business package includes:

  • eXciting Military Checking℠ account with no ATM fees, monthly service fee or minimum balance requirements
  • eXciting Military Savings℠ account with no minimum balance or monthly fees
  • A relationship CD providing 3% APY on balances of $5000
  • Free mobile banking and deposit
  • Free online banking with bill pay and low balance alerts
  • Free Finance Works™ money management service
  • Reddi-cash overdraft protection discounted rate
  • Free order of Patriotic Checks with unlimited check writing
  • .25% APR Discount on Direct Consumer Loans with automatic payment
  • Waive $50 Annual Fee for the life of a home equity line of credit
  • Wide variety of mortgage options including Veteran Affairs Loans with no down payment, no mortgage insurance and lenient credit guidelines
  • Insurance and investment services
  • Credit cards
  • Business checking with no monthly maintenance fee and allowance of 500 transactions
  • Free Small Business basic internet banking
  • Free Small Business online bill pay
  • Preferred business SBA lending programs with competitive rates and terms
     

More programs for military customers:

  • The Berkshire Bank Foundation has made a $7,000 donation to Soldier On in honor of Veteran’s Day
  • Free ticket to the Noman Rockwell Museum, “Love A Vet” Exhibit by stopping by any branch location with military id
  • The Berkshire Bank Foundation will donate $25 to Soldier On for each open and active account on Veteran’s Day 2016
  • Exciting mortgage contest – We will pay mortgage payments for one year
  • Veterans’ hockey suite experience contest

To be eligible for the Military & Veterans’ package you need to be a person who has served or is currently serving in the U.S. Military; active, retired or reserved duty. ID or other verification required. If interested stop into any Berkshire Bank branch to start a personal or business Military & Veterans’ value service.

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About Berkshire Bank
Berkshire Hills Bancorp (NYSE: BHLB) is the parent of Berkshire Bank, America’s Most Exciting Bank®. The Company, recognized for its entrepreneurial approach and distinctive culture, has $7.8 billion in assets and 93 full service branch offices in Massachusetts, New York, Connecticut, and Vermont providing personal and business banking, insurance, and wealth management services. In 2015, Berkshire Bank was named one of Massachusetts Most Charitable Companies by the Boston Business Journal. To learn more, visit www.berkshirebank.com or call 800-773-5601. Berkshire Bank, is the official bank of NESN’s Boston Bruins coverage

About Berkshire Bank Foundation
Through foundation grants to nonprofits, scholarships to students, and employee volunteerism, Berkshire Bank is making a difference. Each year the Foundations donates nearly $1.6 million to non-profits in the bank’s footprint and employees provide over 40,000 hours of service —all on the company dime. In 2015, Berkshire Bank was named one of Massachusetts’ Most Charitable Companies by the Boston Business Journal. This year, Berkshire Bank and NESN teamed up to raise $37,600 for Habitat for Humanity by donating funds to the Hockey 4 Housing campaign each time the Boston Bruins achieved a penalty kill. To learn more about Berkshire Bank Foundation, visit www.berkshirebank.com/community
 

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Media Contact:
Heidi Higgins
AVP Marketing
hhiggins@berkshirebank.com
(413) 236-3756