Berkshire Bank Earns National Recognition for Corporate Philanthropy

Named Finalist for the 2018 Invest in Others Awards

Boston, MA – Berkshire Bank has been selected as one of three national finalists for the Corporate Philanthropy Award in the Financial Institutions category as part of the 12th annual Invest in Others Awards. The Invest in Others Awards program recognizes the charitable work of financial advisors and financial services firms in communities around the globe. Invest in Others launched the Corporate Philanthropy Award in 2015 to recognize the importance of encouraging philanthropy at a corporate level. The organization received nominations this year from a diverse range of companies in two categories: Advisory Firms and Financial Institutions. Finalists were selected based on their community impact, contribution, inspiration, and incentives to encourage employees to give back.

Berkshire Bank was selected as a finalist for its deep commitment to philanthropy, volunteerism, and broader social corporate responsibility activities. Annually, Berkshire Bank and Berkshire Bank Foundation provide more than $2 million in financial contributions, as well as scholarships to high school seniors. The company also provides every employee with $500 in matching gift funds to amplify their own individual giving. In addition to financial support, the XTEAM®, the company's nationally acclaimed Employee Volunteer Program, provides employees with paid time off to volunteer during regular business hours. Last year, 100 percent of Berkshire's employees nationally donated 40,000 hours of service to benefit community organizations. The company recently completed their Xtraordinary Day of Service on June 5, 2018 in which 92 percent of Berkshire's workforce completed 74 service projects, ultimately benefiting more than 500,000 individuals across the country.

The awards will be presented on September 27, 2018 at the 12th annual Invest in Others Awards Gala in Boston, a premier event attended by nearly 800 financial advisors and financial services executives. Five categories of awards will also be presented to individual financial advisors in recognition of their philanthropic contributions.

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About Berkshire Bank

Berkshire Bank, America's Most Exciting Bank®, is recognized for its entrepreneurial approach, relationship customer experience and distinctive culture. With $11.9 billion in assets, Berkshire provides business and consumer banking, mortgage, wealth management, investment and insurance services through 115 full service branch offices throughout New York, Connecticut, Vermont, New Jersey, Pennsylvania, and Massachusetts, including Commerce Bank, a division of Berkshire Bank. Berkshire Hills Bancorp (NYSE: BHLB) is the parent of Berkshire Bank. Berkshire Bank was named one of Massachusetts' Most Charitable Companies by the Boston Business Journal in 2018. To learn more, visit https://clicktime.cloud.postoffice.net/clicktime.php?U=www.berkshirebank.com&E=bmccauley%40berkshirebank.com&X=XID265wHcNUG3529Xd1&T=
BERK&HV=U,E,X,T&H=adb23f6c35548836072943d31336ce0270604adf
, call 800-773-5601 or follow us on: Facebook, Twitter, Instagram and LinkedIn. Berkshire Bank is the official bank of NESN's Boston Bruins coverage, the Pan-Mass Challenge and the community partner of Boston Seasons at City Hall Plaza.

About the Invest in Others Charitable Foundation

The inspiration for the Invest in Others Charitable Foundation came directly from the financial advisors who invest in others by giving back to their communities with overwhelming generosity and dedication. Since its founding in 2006, Invest in Others has amplified these efforts by providing a platform for advisors to increase awareness, visibility, and funding to their favorite non-profits. For more information, visit https://clicktime.cloud.postoffice.net/clicktime.php?U=www.investinothers.org&E=bmccauley%40berkshirebank.com&X=XID265wHcNUG3529Xd1&T=
BERK&HV=U,E,X,T&H=99e9e1e440ccfcd7f5f096f7fba76079dbf11bcd
.