Berkshire Bank Lauded for Charitable Contributions| 12:25PM / Friday, September 26, 2014 | |
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PITTSFIELD, Mass. — Berkshire Bank has been named by the Boston Business Journal as one of Massachusetts Most Charitable Companies at the publication's annual Corporate Citizenship Summit in Boston on Sept. 10.
The Boston Business Journal is one of the leading sources for business news, research and events in the greater Boston area. Each year the Journal honors a select list of companies for their charitable work in the community at their annual Corporate Citizenship Summit.
Berkshire Bank ranked 40th for total financial contributions with over $1.1 million donated in Massachusetts alone, and ranked fourth for their employee volunteer efforts. Berkshire Bank joined a select list of statewide, national and international companies honored at the event.
The award recognized Berkshire Bank and Berkshire Bank Foundation’s philanthropic investments in the community through their charitable grants, corporate giving, in-kind donations and employee volunteerism through their X-TEAM volunteer program.
Annually, Berkshire Bank and its Foundation award $2 million to community organizations as well as scholarships to high school seniors with a record of academic excellence and financial need. In addition to financial support, the X-TEAM — Berkshire’s award winning employee volunteer program — provided employees with paid time off to volunteer during regular business hours.
In 2013, 70 percent of Berkshire Bank’s employees donated in excess of 40,000 hours of service to benefit community organizations across the company’s service area.
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