Financial Highlights - 2008 Welcome to The Berkshire Bank. Continuing our long tradition of being "the Bank that puts your interest first," here are our year end results for 2008. Throughout the past year, The Berkshire Bank offered new accounts tailored towards the current ever changing environment, celebrated its 20th Year Anniversary, and further enhanced our online banking system, BerkOnline®. Currently, the market is constantly changing. The Berkshire Bank has offered exciting products which allow customers to utilize the current increase in FDIC insurance to $250,000. These include CD promotions, Bump up CDs, Come Back campaigns, Better Business Checking, and Blue Ribbon Plus specials. As economic times continue to change rapidly, The Berkshire Bank will continue to offer products and services that change with the market conditions. From the Summer of 2008 to the Spring of 2009, The Berkshire Bank celebrated its 20th Year Anniversary. Founded in 1989 on one basic principal, to be "the Bank that puts your interest first," we celebrated our 20th Year Anniversary with raffles, account specials, and events. These account specials included a 20th Anniversary CD and $20 for every 20th account opened. The Grand Prize raffle consisted of three drawings with three first place winners receiving grand prizes of $2,020. The Bank also hosted customer appreciation events where clients were invited to the branches to meet the President and CEO along with other memebers of Senior Management. At The Berkshire Bank, our clients are more than just an account number. The Berkshire Bank also continues to enhance our internet banking system, BerkOnline®. E-statements allow you to receive your statements through email up to 10 days faster. Berk Bill Pay is a convenient way to pay your bills quickly and efficiently by scheduling payments in advance to be sent out on the day you choose. You can also sign up for email alerts which send valuable up to the minute information to your email without you having to do a thing. Ask your local branch for complete details. We know your life is busy and we will continue to develop products and services to work with your lifestyle. 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. For complete details on our bank and its products and services, just visit our website at www.berkbank.com. The Berkshire Bank is proud to be known as "the Bank that puts your interest first." |