June 6, 2024
BOSTON – Berkshire Bank, a leading relationship-driven, community-focused bank with financial centers in New England and New York, is pleased to announce that Cathy Velez has joined the bank as managing director of Retail Banking and Deposit Operations.

As a senior leader, Velez will oversee Berkshire’s financial center network, retail sales and service delivery and branch operations. She will also direct the execution of the retail banking strategy to drive short- and long-term growth, business line initiatives and major divisional projects.
“We are excited to have Cathy join Berkshire’s leadership team as we look to further strengthen our retail franchise, drive deposit growth and enhance our client experience,” said Sean Gray, Berkshire Bank’s president and chief operating officer. “Her knowledge of our New England and New York markets, commitment to talent development and track record of driving profitable growth make her the ideal candidate to lead retail banking into the future.”
Velez joins Berkshire Bank with more than 25 years of extensive experience in banking. Most recently, she served in multiple senior retail and private banking roles for Webster Bank including senior managing director, New England private client, market president and senior vice president, director of Banking Center Sales & Service. She lives in North Branford, Connecticut.
About Berkshire Bank
Berkshire Bank is a relationship-driven, community-focused bank that delivers industry-leading financial expertise to clients in New England and New York and is a subsidiary of Berkshire Hills Bancorp, Inc. (NYSE: BHLB), headquartered in Boston. With $12.1 billion in assets and 96 financial centers, the bank provides a full suite of tailored banking solutions through its Commercial Banking, Retail Banking, Consumer Lending, Private Banking and Wealth Management divisions. Newsweek named Berkshire one of the Most Trustworthy Companies in America and one of America’s Best Regional Banks.
Media Contact:
Alison Skratt, Corporate Communications
[email protected]
413.769.6007