Kaestner joins Berkshire Bank Commercial Lending Team in Mid-Atlantic Region

Will serve in a Leadership Role in New Jersey and Pennsylvania

Pittsfield, MA, -March 21, 2017- Berkshire Bank, America's Most Exciting Bank®, is excited to announce a new addition to its Commercial Banking team. Kenneth Kaestner will serve as Senior Vice President, Asset Based Lending (ABL) Regional Leader of the mid-Atlantic.

Kaestner brings over 20 years of ABL experience to the Bank. Prior to Berkshire Bank, Kaestner held the title of SVP, Team Leader and Relationship Manager at PNC Business Credit, a division of PNC bank. In this role, he was responsible for managing a team, enhancing business development and contributing to overall growth for the company.

As SVP, ABL Regional Leader for Berkshire Bank, Kaestner will supervise a team of ABL relationship managers, portfolio managers and administrative support personnel to develop new ABL business relationships in the mid-Atlantic region. He will also utilize his regional and community knowledge to maintain and grow an existing customer base.

Kaestner holds a BS in Finance from the College of New Jersey and is a current board member of the Commercial Finance Association, Philadelphia Chapter.

"Kaestner will be instrumental in leading the Bank's initiatives in driving growth and retention through an integrated sales and relationship strategy throughout the mid-Atlantic footprint," stated Michael D. Carroll, EVP, Commercial Lending. "We are thrilled to have an experienced professional to support Berkshire Bank's commitment to the region and our customer focused approach as we continue to grow and pursue our strategic objectives."

Kaestner is located at 840 Route 33 Hamilton, NJ 01691, 609-528-2095 [email protected].

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 $9.2 billion in assets and 97 full service branch offices in Massachusetts, New York, Connecticut, Vermont, New Jersey and Pennsylvania providing personal and business banking, insurance, and wealth management services. Berkshire Bank was named one of Massachusetts Most Charitable Companies in 2016 by the Boston Business Journal. To learn more, visit berkshirebank.com, call 800-773-5601 or follow us on: Facebook, Twitter, and LinkedIn. Berkshire Bank is the official bank of NESN's Boston Bruins coverage and the community partner of Boston Seasons at City Hall Plaza.

Contact: Heidi Higgins
Berkshire Bank
Phone: (413) 236-3756
E-Mail: [email protected]

Vanessa Pesa
Berkshire Bank
Phone: 413-281-4532
E-Mail: [email protected]