Berkshire Bank Promotes Costello to EVP, Home Lending

PITTSFIELD, MA – March 29, 2016 - Berkshire Bank, America’s Most Exciting Bank®, is excited to announce that Allan Costello has been promoted to Executive Vice President, Home Lending and will join the Bank’s Executive team. 

Al has over 30 years of experience in the banking industry with expertise in risk management, compliance, accounting, internal audit and operations.  As EVP of Home Lending, Al will be responsible for the management and supervision of Berkshire Bank Home Lending Division and will serve as a member of the Executive Management Team. In his position Al will continue to lead the sales and operations functions of the Home Lending Division, which includes loan origination, underwriting, compliance, processing and servicing.  This promotion is a reflection of Al’s commitment, hard work and leadership.    

Al joined Berkshire Bank in 2011 and held the position of SVP, Audit before transitioning to the Home Lending Division. Prior to Berkshire Bank, Al’s career was focused in the financial field, including Director at Accume Partners, Divisional Vice President of Bank Protection at Charter One Bank and Chief Financial Officer at Rhinebeck Savings Bank.

Al holds a BBA in Accounting from Siena College and completed the American Bankers Association three year graduate banking program. His certifications include Certified Internal Auditor and Certified Fraud Examiner.  He resides with his family in Clermont, NY.

Al is located in the Berkshire Bank Home Lending office at 1 Van De Graaff Drive, Suite #202, Burlington, MA  01803. Allan Costello, EVP, Home Lending, (413) 236-3760, [email protected]

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.  Berkshire Bank is the home financing and retail banking provider for the Massachusetts Teachers Association Benefits, MTA.  To learn more, visit or call 800-773-5601.  Berkshire Bank is the official bank of NESN’s Boston Bruins Coverage. 

Media Contact

Heidi Higgins
Assistant Vice President
Marketing; 413-236-3756