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Michael Daly's career in community banking spans 40 years.

Pittsfield Cooperative Bank CEO Announces Retirement

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PITTSFIELD, Mass. — Michael P. Daly, Chief Executive Officer of Pittsfield Cooperative Bank, announced his retirement, concluding a career spanning more than 40 years in community banking. 

A lifelong Berkshire County resident, Daly has dedicated his career to strengthening financial institutions, supporting local businesses and investing in the people who make those institutions successful, a press release stated. 

"Mike's leadership has always been grounded in people—employees, customers and communities," said John Martin, Chairman of the Board of Directors of Pittsfield Cooperative Bank. "His ability to recognize potential, develop talent and inspire others has left a lasting mark. The leaders he's helped shape are an important part of his legacy."

Among Daly's contributions has been his dedication to mentoring the next generation of banking leaders. Throughout his career, he has recognized talent, created opportunities and shared his knowledge with other professionals. Many of today's banking executives across the region credit his guidance in shaping their careers, while his influence continues to prepare tomorrow's leaders, a press release stated.

Daly most recently returned to lead Pittsfield Cooperative Bank through a pivotal period, including its merger with Adams Community Bank to form Trailmark Bank. His leadership helped guide the organization through this transition while maintaining a focus on employees, customers and the community.

Daly said helping bring together two longstanding community banks represents a fitting conclusion to a career dedicated to strengthening the region's financial future.



"Bringing Adams Community Bank and Pittsfield Cooperative Bank together has been a meaningful way to close out my career and give back to the community I've called home my whole life," said Daly. "I'm incredibly grateful for the relationships I've built and especially proud of the people I've had the opportunity to work with. I look forward to spending more time with my family and watching the next generation carry this work forward."

Daly's retirement coincides with the legal merger of Pittsfield Cooperative Bank and Adams Community Bank. 
According to a press release, his leadership, mentorship and commitment to the Berkshires will remain an enduring part of Trailmark Bank's foundation.


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Units Available at Lee's New Eagle Mill Housing Development

By Brittany PolitoiBerkshires Staff

It's took more than a decade to bring the Eagle Lofts to fruition in the former Eagle mill. 

LEE, Mass. — Hearthway wants community members to know there are three-bedroom units available at The Lofts at Eagle Mill with little to no waitlist. 

The apartments at 73 West Center St. recently came online in the historic building on the banks of the Housatonic River after more than a decade of work. The first tenants began moving in last week. 

Three-bedroom units are less than $2,000 per month for those who meet income requirements. 

"These units are $1,855 a month with hot water included. To qualify, applicants must be under the 60 percent AMI income limit by household size and be able to afford the rent," the affordable housing provider wrote in a communication on Monday. 

"Mobile vouchers are welcomed."

A ribbon was cut at the former paper mill over the summer for 56 one- to three-bedroom, mixed-income units in the heart of downtown. 

According to a chart provided by Hearthway, 60 percent area median income is $55,320 per year for a one person household, $63,240 a year for a two-person household, $71,160 a year for a three-person household, and $79,020 a year for a four-person household. 

Applications are available in English and Spanish. They can submitted via email to leasing@hearthway.org, drop off to the main office at 1 Fenn St in Pittsfield, fax to 413-403-2710, or USPS mail to P.O. Box 1180, Pittsfield, MA 01202-1180. 

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