Co-op Bank Announces Promotion of Chief Operating Officer

01:54PM / Thursday, November 13, 2025Print Story | Email Story

PITTSFIELD, Mass. Pittsfield Cooperative Bank (Co-op Bank) announced the promotion of Eric Padelford to Chief Operating Officer (COO).

In his new role, Padelford will lead the bank's operational strategy and execution, driving innovation, efficiency, and exceptional customer experience across all areas of the organization.

According to a press release:

A dynamic and results-driven operational leader with decades of experience in technology, finance, and banking, including extensive experience in the financial services sector since 2010—Padelford has been instrumental in modernizing Co-op Bank's infrastructure and aligning its operations with long-term strategic goals. He holds a Master of Science in Data Science from Eastern University, which fuels his data-driven approach to process improvement, performance management, and digital transformation.

"Eric's operational insight and forward-thinking approach have been instrumental in positioning Co-op Bank for sustainable growth," said Gregg Levante, President of Pittsfield Cooperative Bank. "He brings a balance of strategic vision and hands-on leadership that ensures we continue delivering the personal, community-driven banking experience our customers value."

As COO, Padelford will collaborate closely with President Gregg Levante and CEO Mike Daly to guide the bank's strategic initiatives and uphold its 136-year legacy of service to the Berkshires.

"Co-op has always stood apart because of its people and its purpose," said Padelford. "I'm honored to contribute to a team that not only drives innovation but does so with the needs of our local community at the heart of every decision. Supporting the communities we serve—both through the bank's initiatives and personal involvement—has always been a core part of my values."

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Allendale Pines North Affordable Manufactured Homes Sell Fast

By Sabrina DammsiBerkshires Staff
05:17PM / Saturday, August 22, 2026

Developer Teton Management cut the ribbon on the first six hopes in the manufactured housing community earlier this year.

PITTSFIELD, Mass. — Just a few months after Allendale Pines North cut the ribbon on its first six homes in the new manufactured home community, units in the planned development are selling fast with both first and second phases all but sold out.

For several years, Teton Management Corp. has been planning to expand its existing Allendale Pines Mobile Community with the development of 22 planned manufactured housing units. The new development has its own entrance at 395 Cheshire Road.

The need for attainable housing has never been higher, Teton President George Whaling said.

"And where we sought the opportunity to help with that demand is, we can get folks into a home at Allendale Pines North for essentially a couple of $100 less than what it would cost for someone to rent a three-bedroom of the same quality," he said.

The corporation took over Allendale Pines, now referred to as Allendale Pines South, about 6 1/2 years ago, Whaling said.

Since then, the corporation has invested $1,000,001 in infrastructure improvements, including replacing all water and sewer lines, paving the community and installing the infrastructure needed for 10 additional units, he said.

Additionally, it has been working to clean up and improve the community, which was lacking during previous ownership, said Jason Nocher, owner of Nocher Realty, which has been hired to help sell the units.

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