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Berkshire Bank


TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/3/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/3/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/3/2025
4.31%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/3/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/3/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/3/2025
4.00%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Overview / Commentary
www.berkshirebank.com
800-773-5601
24 North Street
Pittsfield, MA 01201

Berkshire Bank is headquartered in PITTSFIELD and is the 4th largest bank in the state of Massachusetts. It is also the 139th largest bank in the nation. It was established in 1846 and as of March of 2025, it had grown to 1,186 employees at 86 locations. Berkshire Bank has a B+ health rating.

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Health
B+

Data as of Q1 2025

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #23621
Year Established1846
Employees1186
Primary RegulatorFDIC
Profit Margin
Return on Assets - YTD0.91%
Return on Equity - YTD9.66%
Annual Interest Income$148.3MM
Assets and Liabilities
AssetsQ1 2025vs Q1 2024$12.01B$12.14B
LoansQ1 2025vs Q1 2024$9.31B$9.04B
DepositsQ1 2025vs Q1 2024$10.03B$10.47B
Equity CapitalQ1 2025vs Q1 2024$1.16B$1.04B
Loan Loss AllowanceQ1 2025vs Q1 2024$116.7MM$107.3MM
Unbacked Noncurrent LoansQ1 2025vs Q1 2024$19.4MM$20.3MM
Real Estate OwnedQ1 2025vs Q1 2024$0$0
TODAY'S FEATURED RATES
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/3/2025
3.60%
Our Rating
4.3  / 5
American Express
American Express® High Yield Savings Account
See Offer
Sponsored Note: Interest compounds daily, deposited monthly
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/3/2025
3.80%
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to 3.80% APY and up to $300 with direct deposit. Members can unlock our highest savings rate with direct deposit OR by depositing $5,000 or more every 30 days. Terms apply. Member FDIC
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/3/2025
4.31%
Our Rating
4.0  / 5
Vio Bank
Cornerstone Money Market
See Offer
Sponsored Note: Interest is compounded daily, growing your money fast
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/3/2025
3.50%
Our Rating
4.4  / 5
Capital One
360 Performance Savings
See Offer
Sponsored Note: It only takes about 5 minutes to open a fee-free account. Member FDIC.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/3/2025
4.44%
Our Rating
4.3  / 5
Peak Bank
Envision High Yield Savings
See Offer
Sponsored Note: Member FDIC: Insured up to $250,000. $100 Deposit Earns Interest Immediately.
Member FDIC
APY APY = Annual Percentage Yield Rates as of 7/3/2025
4.00%
Our Rating
4.2  / 5
CIT Bank
Platinum Savings
See Offer
Sponsored Note: Earn more with a min. balance of $5K. Savings starts at $100. FDIC Insured.
Member FDIC
Bonus Amount
up to $300
Our Rating
4.2  / 5
SoFi® Bank, N.A.
SoFi Checking and Savings
See Offer
Sponsored Note: Earn up to $300 with direct deposit, plus 2-day-early-pay. FDIC insured!
Rates
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Always verify rates and promotions with the bank or credit union. We are not Berkshire Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

Berkshire Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.00%$10-Berkshire One Savings - Online
3.15%$10-Excitement Savings w/ Checking - New Money
0.05%$0-Health Savings Accounts
0.05%$10-Valiant Savings
0.03%$10-Statement Savings

Berkshire Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.25%*$25k*$5mBerkshire One Money Market - Online
OTHER TIERS: 4.10% → $10 - $25k
4.05%*$250k*-Berkshire Direct Money Market with Checking
OTHER TIERS: 2.40% → $25k - $50k | 3.10% → $50k - $100k | 3.55% → $100k - $250k
0.40%*$500k*-Money Market Accounts
OTHER TIERS: 0.10% → $10 - $50k | 0.15% → $50k - $100k | 0.25% → $100k - $200k | 0.30% → $200k - $500k

Berkshire Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.85%$50k-Berkshire Direct Checking
0.85%$0-Berkshire Direct Checking w/ $7.5k Combined DD
0.10%$0-Berkshire One Checking - Online
0.02%$10-NOW Checking

Berkshire Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
4.15%$1k$1m13 Month Relationship CD Special w/ Checking
4.00%$1k$1m6 Month CD Special
4.00%$1k$1m24 Month Relationship CD Special w/ Checking
3.90%$1k$1m6 Month Berkshire One Online CD
3.75%$1k$1m24 Month Berkshire One Online CD
1.35%$5k-20 Month Valiant CD Special
1.35%$5k-37 Month Valiant CD Special
0.50%$1k$1m5 Year CD
0.50%$1k$1m6 Year CD
0.50%$1k$1m7 - 10 Year CD
0.35%$1k$1m1½ - 2 Year CD
0.35%$1k$1m2½ Year CD
0.35%$1k$1m3 Year CD
0.35%$1k$1m4 Year CD
0.25%$200-6 - 24 Month Pure Excitement Easisaver CD
0.15%$1k$1m6 Month "Smart Money" CD
0.15%$1k$1m1 Year CD
0.10%$1k$1m6 Month CD
0.05%$1k$1m3 Month CD
Locations

Availability

Springfield Area

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