Co-op Bank Announces Promotion of Chief Operating Officer

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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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Pittsfield Council OKs Underground Fiber Network

By Brittany PolitoiBerkshires Staff

PITTSFIELD, Mass. — More underground fiber internet cables will be installed in Pittsfield. 

On Tuesday, the City Council approved Gateway Fiber's request to install an underground fiber network infrastructure within the city's right-of-way.  

The company was given the go-ahead for an aerial network last year alongside Archtop Fiber, marking the beginning of construction with a ribbon-cutting at the Colonial Theatre. Gateway Fiber will offer subscription plans ranging from $65 to $150 per month, depending on speed. 

Wards 3 and 4 will see the most work in the first phase, according to an underground fiber deployment plan.  Fourteen streets in Ward 4 will see underground fiber deployment; 13 streets in Ward 3.  

Ward 4 Councilor James Conant voted in opposition for personal reasons, as he signed up for Gateway Fiber briefly last year and said he had poor service and poor communication from the company. 

Some councilors and community members appreciated bringing competition to Spectrum internet services. Ward 5 Councilor Patrick Kavey pointed out that it costs about $90 per month for 500 megabytes per second with Spectrum, and that all three fiber services that have come to Pittsfield are cheaper. 

Operations Manager Jennifer Sharick explained that they were seeking approval for underground fiber deployment as part of the next phase in Pittsfield. The city was found to be a "very" viable community for underground fiber. 

Gateway Fiber, she said, originally served a community of 250 residents outside of St. Louis, Mo. 

"Following the pandemic, we saw the need, and what people need for fiber and reliable internet service to bring residents and businesses the opportunity for connectivity," Sharick said. 

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