BOSTON, Sept. 9, 2021 /PRNewswire/ -- Berkshire Hills
Bancorp, Inc. (NYSE: BHLB), the parent company of Berkshire
Bank, announced that the Bank has hired Ellen Steinfeld as EVP, Head of Consumer Lending
and Payments.
"Ellen is a dynamic and visionary leader with an outstanding
record for change management, which is a great match for
Berkshire's Exciting Strategic
Transformation (BEST) plan," said Nitin
Mhatre, CEO of Berkshire Bank. "Her extensive experience
will assist in deepening the Bank's commitment to our Consumer
Lending and Payments business and, specifically, to growing our
home financing operation throughout our New England and
Eastern New York footprint."
Ellen Steinfeld has a long and
accomplished history in the mortgage industry and as an executive
with strong leadership and management experience in the mortgage
banking and consumer financial services industries. Ellen will be
responsible for all of the Mortgage Banking sales and operations,
Home Equity, Consumer Lending and Payments areas at Berkshire Bank.
Ms. Steinfeld will report directly to CEO Nitin Mhatre.
"This is an exciting time to be joining Berkshire Bank as we are
building our mortgage and consumer lending suite of products to
deliver the best financial solutions to our customers. We are
committed to serving our customers and communities throughout the
bank footprint," Steinfeld said.
Before joining Berkshire Bank, Steinfeld was President of
Innovative Lending Strategic Solutions LLC. Before her consulting
role, she was Managing Director and US Consumer Lending Executive
for TIAA-CREF. She was responsible for managing Mortgage Lending,
Small Business Lending, and all Consumer Lending products,
including the strategic design, development, execution, and ongoing
management and optimization of lending. She has also held
management positions at Hudson City Savings, Citizens Bank, RBC
Wealth Management, and E*TRADE Financial. Ellen is a graduate of
the State University of New York at
Albany and a member of the Mortgage Action Alliance.
ABOUT BERKSHIRE HILLS
BANCORP
Berkshire Hills Bancorp is the parent of Berkshire Bank, which
is transforming what it means to bank its neighbors socially,
humanly, and digitally to empower the financial potential of
people, families, and businesses in its communities as it pursues
its vision of being the leading socially responsible omni-channel
community bank in the markets it serves. Berkshire Bank provides
business and consumer banking, mortgage, wealth management, and
investment services. Headquartered in Boston, Berkshire has approximately $11.7 billion in assets and operates 107 branch
offices in New England and New
York, and is a member of the Bloomberg Gender-Equality
Index. To learn more, call 800-773-5601 or follow us on Facebook,
Twitter, Instagram, and LinkedIn.
FORWARD-LOOKING STATEMENTS
This document contains "forward-looking statements" within the
meaning of section 27A of the Securities Act of 1933, as amended,
and section 21E of the Securities Exchange Act of 1934, as amended.
You can identify these statements from the use of the words "may,"
"will," "should," "could," "would," "plan," "potential,"
"estimate," "project," "believe," "intend," "anticipate," "expect,"
"target" and similar expressions. There are many factors that could
cause actual results to differ significantly from expectations
described in the forward-looking statements. For a discussion of
such factors, please see Berkshire's most recent reports on Forms 10-K
and 10-Q filed with the Securities and Exchange Commission and
available on the SEC's website at www.sec.gov. Accordingly, you
should not place undue reliance on forward-looking statements,
which reflect our expectations only as of the date of this
document. Berkshire does not
undertake any obligation to update forward-looking statements.
CONTACTS
Investor Relations
Contacts:
Kevin Conn, SVP,
Investor Relations & Corporate Development
Email: KAConn@berkshirebank.com
Tel: (617) 641-9206
David Gonci, Capital Markets
Director
Email: dgonci@berkshirebank.com
Tel: (413) 281-1973
Media Contact:
Gary
Levante, SVP, Corporate Responsibility & Culture
Email: glevante@berkshirebank.com
Tel: (413) 447-1737
View original content to download
multimedia:https://www.prnewswire.com/news-releases/berkshire-hills-bancorp-announces-mortgage-professional-ellen-steinfeld-hired-as-executive-vice-president-head-of-consumer-lending--payments-301372021.html
SOURCE Berkshire Hills Bancorp, Inc.