Berkshire Bank

Overview / Commentary

www.berkshirebank.com

800-773-5601

24 North Street
Pittsfield, MA 01201

Berkshire Bank is headquartered in PITTSFIELD and is the 4^th largest bank in the state of Massachusetts. It is also the 140^th largest bank in the nation. It was established in 1846 and as of June of 2024, it had grown to 1,283 employees at 96 locations. Berkshire Bank has an A health rating.

View all posts from:

2017
2009

4/6 - MMA, CD And Checking Promotions At Berkshire Bank [NY, MA, CT, VT]

10/6 - 3.25% 40-Month CD at Legacy Banks in NY & MA - Local Only
7/23 - 2.45% 24-Month Bump-Up CD at Beacon Federal Bank - Available Nationwide

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Health

Data as of Q2 2024

Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #	23621
Year Established	1846
Employees	1283
Primary Regulator	FDIC

Profit Margin
Return on Assets - YTD	0.12%
Return on Equity - YTD	1.39%
Annual Interest Income	$306.1MM

Assets and Liabilities
Assets	Q2 2024vs Q2 2023	$12.21B$12.08B
Loans	Q2 2024vs Q2 2023	$9.22B$8.79B
Deposits	Q2 2024vs Q2 2023	$10.17B$10.16B
Equity Capital	Q2 2024vs Q2 2023	$1.06B$997.7MM
Loan Loss Allowance	Q2 2024vs Q2 2023	$112.2MM$100.2MM
Unbacked Noncurrent Loans	Q2 2024vs Q2 2023	$24.9MM$28.6MM
Real Estate Owned	Q2 2024vs Q2 2023	$0$0

Rates

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Savings
Money Market
Checking
CD

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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

APY	MIN	MAX	ACCOUNT NAME
4.00%	$10	-	Berkshire One Savings - Online
3.50%	$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

APY	MIN	MAX	ACCOUNT NAME
5.00%	$10	-	Berkshire One Online Money Market Special
4.45%^*	$250k^*	-	Premium Relationship Money Market In branch - New Money
OTHER TIERS: 2.70% → $10 - $50k \| 3.45% → $50k - $100k \| 3.95% → $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

APY	MIN	MAX	ACCOUNT NAME	VIEW DETAILS
0.10%	$0	-	Berkshire One Checking - Online
0.02%	$10	-	NOW Checking

Berkshire Bank CD Rates

APY	MIN	MAX	ACCOUNT NAME
5.00%	$1k	-	6 Month Berkshire One Online CD Special
4.65%	$1k	$1m	6 Month CD Special
4.00%	$1k	-	13 Month Relationship CD Special w/ Checking
3.50%	$1k	-	24 Month Relationship CD Special w/ Checking
1.50%	$5k	-	20 Month Valiant CD Special
1.50%	$5k	-	37 Month Valiant CD Special
0.50%	$1k	-	5 Year CD
0.50%	$1k	-	6 Year CD
0.50%	$1k	-	7 - 10 Year CD
0.35%	$1k	-	1½ - 2 Year CD
0.35%	$1k	-	2½ Year CD
0.35%	$1k	-	3 Year CD
0.35%	$1k	-	4 Year CD
0.25%	$200	-	6 - 24 Month Pure Excitement Easisaver CD
0.15%	$1k	-	6 Month "Smart Money" CD
0.15%	$1k	-	1 Year CD
0.10%	$1k	-	6 Month CD
0.05%	$1k	-	3 Month CD

Locations

Availability

Albany Area

Albany Area bank & credit union details

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