BERKSHIRE BANK PARTNERS WITH GREENPARK MORTGAGE
Pittsfield, MA and Needham, MA – April 30, 2012 –– Berkshire Bank (“Berkshire”) today announced that it has completed the acquisition of the business model, expertise and certain other assets of Greenpark Mortgage Corporation (“Greenpark”). As the part of this transaction, Berkshire has welcomed Greenpark’s entire Mortgage Lending Team along with its two founders, Paul Gershkowitz and Patty O’Meara, who will continue to provide leadership as first vice presidents of Berkshire Bank.
Michael P. Daly, Berkshire’s President and Chief Executive Officer stated, “We are so pleased to bring the well regarded Greenpark team into the Berkshire Bank family. This partnership enhances our residential lending capabilities and our efforts to expand our reach into eastern Massachusetts. We look forward to carrying on the solid practices, processes and customer service of Greenpark Mortgage, which have made them so successful and which complement well our culture of community mortgage lending.”
Greenpark will operate as the Greenpark Mortgage Division of Berkshire Bank and will continue to serve as the exclusively endorsed home mortgage company of the Massachusetts Teachers Association. Since it began in 2001, Greenpark has been headquartered in Needham, Massachusetts, and now also operates offices in Quincy, Cambridge, Methuen, Tewksbury, Andover and Westborough. Greenpark’s mortgage professionals are licensed in New Hampshire, Maine, Vermont, Connecticut, Rhode Island, and Mississippi, in addition to Massachusetts.
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