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July 17, 2009
The Berkshire Bank Appoints New Vice President of Business Development

The Berkshire Bank has appointed Ron A. Wasserman as Vice President of Business Development.  Mr. Wasserman joins the bank after working at such financial institutions as Amalgamated Bank and M & T Bank Corporation dealing with prominent non-profit and health care corporations.  Mr. Wasserman brings a personalized touch to his working relationships, striving towards creating the account packages and banking relationships that allow our customers and their businesses to grow.  He has been honored by the National Council for Young Israel and is looking forward to serving our clients.

Moses Krausz, President and CEO of the Berkshire Bank said, “We are extremely excited to welcome Ron to the Bank.  His background and banking knowledge will serve as a valuable asset to both our client base and our business development team.  Ron has a strong background in relationship management and will live up to our slogan of being part of the Bank the puts your interest first”. Mr. Wasserman can be reached at the Bank’s financial district location at 5 Broadway, New York, NY, 10004, Monday through Friday, by phone at (212) 785-4440, or by email at rwasserman@berkbank.com.

The Berkshire Bank
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 is a New York State chartered FDIC insured commercial bank with branches in New York City, Orange County, and Sullivan County in New York and Bergen County in New Jersey. With over one billion dollars in assets, The Berkshire Bank stands out among other banks because it offers highly personalized service and competitive products. For more information about the Bank or its products, visit its website at www.berkbank.com.

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