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August 28th, 2008
The Berkshire Bank Announces New Regional Manager for the Hudson Valley Area

Gerard Loughren, Assistant Vice President and long time resident of the Hudson Valley community, has been named Regional Manager for The Berkshire Bank’s Hudson Valley division.  Mr. Loughren obtained his Bachelor of Arts in Economics from the prestigious New York Institute of Technology and started his career in a management training program at Ridgewood Savings Bank.  His distinguished career also included positions at Chemical Bank and Warwick Savings Bank before joining The Berkshire Bank as Branch Manager of its Goshen branch in 2004.

When asked what made Mr. Loughren such a valuable part of The Berkshire Bank team, Moses Krausz, President and CEO said “Mr. Loughren has been a resident of the local community for over 25 years and has over 30 years of experience in banking.  He has a personal knowledge of the products and services which would most benefit the residents of the Hudson Valley area and works with them to develop the right account package to suit their banking needs.”  Gerald Loughren agreed, saying “One of the things I love most about my job is when I meet fellow residents. I am proud to be part of this community for so many years and serving this community is an integral part of my position here at the Bank.” 

Mr. Loughren can be reached at our Goshen branch, located at 2 South Church Street, Goshen, NY, which is open Monday through Thursday from 8:30 AM – 4:00P AM, Friday’s from 8:30 AM – 6:00 PM and Saturday’s from 8:30 AM – 12:00 PM or by phone at (845) 294-6151.

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


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