Berkshire Hills Bancorp, Inc. (NYSE: BHLB) has completed the acquisition of Firestone Financial Corp. Firestone is now known as Firestone Financial, LLC and is operating as a wholly-owned subsidiary of Berkshire Bank.
“This partnership brings together two organizations with rich histories and strong values. We both share a deep commitment to our customers, employees and the communities we serve,” said David Cohen Firestone President and CEO.
“We are pleased to welcome the customers, employees and shareholders of Firestone to America’s most exciting bank,” said Berkshire President and CEO, Michael P. Daly. “This combination increases the client offerings for both companies, diversifies our loan portfolio and provides a valuable future growth channel.”