Berkshire Bank announces Cathy Velez to serve as market president for Connecticut

HARTFORD, Oct. 17, 2024 — Berkshire Bank is pleased to announce that Cathy Velez, managing director, Retail Banking and Deposit Operations, will also serve as market president for the bank in Connecticut.

As the state’s market president, Velez will serve as the bank’s local leader, coordinating business development activities across its lines of business in Connecticut and leading region-specific activities to support local clients, communities and employees.

“Cathy’s exceptional track record of franchise building and her deep understanding of clients, communities and the regional economy make her an outstanding choice for our Connecticut market president,” said Berkshire CEO Nitin Mhatre. “Her leadership will undoubtedly drive our continued growth and success in the region.”

A resident of North Branford, Connecticut, Velez joined Berkshire in May 2024 with more than 25 years of experience in financial services.

As managing director Retail Banking and Deposit Operations, Velez oversees Berkshire’s financial center network, retail sales and service delivery and branch operations across its footprint in New England and eastern New York. She also directs the execution of the retail banking strategy to drive long-term growth, business line initiatives and major divisional projects.

Most recently, she served in multiple senior roles for Webster Bank, including senior managing director, New England Private Client; market president; and senior vice president, director of Banking Center Sales & Service.

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 $12.2 billion in assets and 83 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. For more than 175 years, Berkshire has delivered strength, stability and trusted advice to empower the financial potential of its clients and communities. Newsweek named Berkshire one of the Most Trustworthy Companies in America and one of America’s Best Regional Banks. To learn more, visit BerkshireBank.com and follow Berkshire on Facebook, Instagram, and LinkedIn.

Media Contact: 
Alison Skratt, Corporate Commmunications
[email protected]
413.769.6007