Berkshire Bank recently appointed Mary Ellen Cologero as senior VP, wealth portfolio manager and regional leader – New York.
She is one of five key people the bank recently selected to lead and manage its wealth-management team, which offers investment products and services to individuals, companies, government organizations, and nonprofits.
Cologero will lead Berkshire Bank’s wealth-management initiatives for the New York state region, while working closely with other executives on the investment portfolio. Bringing more than 25 years of investment experience, Cologero joined the team as a senior portfolio manager from KeyBank, where she served as SVP, senior portfolio manager.
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Berkshire Hills Bancorp (NYSE: BHLB), parent of Berkshire Bank, has $7.5 billion in assets and 93 full-service branch offices in Massachusetts, New York, Connecticut, and Vermont providing personal and business banking, insurance, and wealth-management services.
Locally, Berkshire Bank ranks number 8 in deposit market share in the 16-county Central New York market with $916 million in deposits, good for a 3.5 percent market share, through 18 branches in the area, according to the latest available FDIC data.
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