Berkshire Hills Bancorp, Inc. operates as a bank holding company for Berkshire Bank and Berkshire Insurance Group, Inc. The company is headquartered in Boston, Massachusetts and currently employs 1,310 full-time employees. The company went IPO on 2000-06-28. The Bank is engaged in providing business and consumer banking, mortgage, wealth management, and investment services. The Bank's loan portfolio consists of commercial real estate loan, commercial and industrial loans (C&I), residential mortgages loan, and consumer loans. The Bank offers a variety of deposit accounts with a range of interest rates and terms. The Bank’s deposit accounts consist of demand deposits (non-interest-bearing checking), NOW (interest-bearing checking), regular savings, money market savings, and time certificates of deposit. Its Wealth Management Group provides consultative investment management, trust administration, and financial planning to individuals, businesses, and institutions. The company also offers interest rate swaps to commercial loan customers and backs these swaps with offsetting swaps. The company serves approximately 100 full-service financial centers its New England and New York.