Adams Community Bank Forms Treasury Management Department

Print Story | Email Story

Taylor Gibeau

ADAMS, Mass. — Adams Community Bank has formed a new Treasury Management Department. 

The department's development reflects the bank's ongoing commitment to providing products and services for businesses of all sizes.
 
The Treasury Management Department will collaborate closely with other departments — including Commercial, Retail, and Government Banking — to deliver integrated treasury management solutions. The department will enable businesses to maximize cash flow and liquidity
as well as manage risk and fraud.
 
As part of this expansion, the bank has promoted Taylor Gibeau as associate vice president and treasury management officer. Gibeau has been integral to the bank's team for eight years, gaining treasury management and client relations experience in her previous roles. Her deep
understanding of businesses' needs and her consultative approach make her uniquely suited to lead this department, according to bank officials.
 
"We're excited to launch our Treasury Management Department as a key part of our strategy to better support the evolving needs of our business customers," said President and CEO Julie Fallon Hughes. "With Taylor's leadership and industry knowledge, she will thrive in her new position and play a vital role in shaping the department's success."
 
For more information about the bank's treasury management services, contact Gibeau at 413-749-1121 or tgibeau@adamscommunity.com.

Tags: adams community bank,   people in the news,   

If you would like to contribute information on this article, contact us at info@iberkshires.com.

Adams Sets FY27 Tax Rates; Average Homeowner Bill Rises $130

By Sabrina DammsiBerkshires Staff
ADAMS, Mass. — The owner of an average home in Adams can expect their property tax bill to increase by $130.51 this year, or about $65.26 per installment for the semi-annual schedule.
 
During Wednesday's meeting, the Select Board approved a 30 percent split shift for fiscal year 2027, which it has done for the last four years.
 
The commercial, industrial and personal property tax rate is $22.20 per $1,000, for a valuation of $940,00 that equates to a tax bill of $20,868, an increase of $648.60 from the prior year, said Town Assessor Paula Grover.
 
The residential tax rate is $16.08 per $1,000 of assessed value, an estimated annual tax bill of about $4,272. 
 
The average single-family home is valued at $265,700, an increase of $700 from the previous fiscal year. The increase is smaller than recent years, with valuation increases largely limited to homes that underwent renovations or other improvements.
 
The town saw substantial new growth this year, totaling $18,163,326, with the majority of that growth coming from personal property.
 
"A great new growth number for our town. So, that's great," Select Board Chair Jay Meczywor said. 
 
View Full Story

More Adams Stories