Community leaders, merchants, and a large turnout of community residents gathered in Washington Heights last week to celebrate the opening of the newest branch of The Berkshire Bank.
“We are here to serve the community,” said Moses Marx, Chairman of the Board of Directors of The Berkshire Bank, prior to the ribbon cutting at the new branch. “I myself lived in this community for decades and have a great affinity to the people that live here.”
Moses Krausz, President and CEO of the Berkshire Bank, greeted the guests and began the program. His personal relationship with many of the bank’s prominent clients, and commitment to excellence in banking, was evident by the warm reception he received from the guests.
Joseph Hoch, a prominent real estate developer, said “I had previously banked with many other institutions – I must unequivocally state that Berkshire far surpasses all others. The staff is responsive to its clients.”
The branch, at 210 Pinehurst Avenue, in the Washington Heights section of New York City, is the bank’s twelfth branch in New York City and Hudson Valley. The Berkshire Bank stands out among other banks because it offers highly personalized service. “We do not believe in voicemail and any customer can speak directly to an officer of the bank without bureaucratic delays. We also believe in efficient service, as our normal turnaround time on loans is less then seventy-two hours. The bank has come a long way in the last decade.” said Krausz.
Joseph Lentini, manager of the new branch, said he expects the new branch to grow rapidly. “Due to its great staff, who are happy and willing to pamper its clients. Our individual attention gives us an edge over all banks in the area.” Mr. Lentini, who has over a decade of experience in banking, leads a highly qualified and devoted team of banking professionals.
The Berkshire Bank is a subsidiary of Berkshire Bancorp Inc., a publicly traded bank holding company, whose stock trades on the NASDAQ National Market System under the symbol BERK. The Berkshire Bank, an FDIC insured, New York State charter bank with branches in New York and New Jersey, now has over a billion dollars in assets. Known for its devotion to the consumer, Berkshire is proud to carry as its slogan, “The Bank that puts your interest first”.
