Berkshire Bank hires industry veteran Stone as Senior VP, Retail Branch Banking

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Fri, 08/11/2017 - 7:57am -- Denise Sortor

Berkshire Bank has announced the appointment of Jeffrey D Stone as Senior Vice President, Retail Branch Banking for the Bank’s entire New York and New England network.  In this new position, Stone will bring industry leadership, community involvement at the highest level, and extensive retail banking experience as the Bank continues to attract high-level talent throughout the organization. Robert M Curley, Berkshire Bank’s New York Chairman, said, “We are fortunate to have someone of Jeff’s caliber join the Berkshire team and continue our growth in New York and New England. Jeff is solidly anchored in the industry and community and has a proven track record of strong leadership in retail banking and commitment to community involvement. He brings over 35 years of extensive retail banking experience with leading regional banking institutions to Berkshire.” 

Stone will join Curley, Michael D Carroll, Executive Vice President, and Scott J Houghtaling, Executive Vice President, at Berkshire Bank’s new Albany regional headquarters located at 30 South Pearl Street.  

“Jeff brings extensive industry experience; in his position he will be responsible for leading more than 500 employees as well as providing enterprise-wide leadership to Berkshire,” said Tami M Gunsch, Executive Vice President, Retail Banking for Berkshire Bank.  “Jeff will continue to strengthen our sales leadership through his executive management experience and build upon our strong momentum.” 

Prior to Berkshire Bank, Stone held senior leadership roles in the banking industry, including District President at KeyBank where he was directly responsible for a workforce of almost 1,000 employees in commercial, wealth management, retail, investment services and mortgage banking. Stone most recently served as Senior Vice President of Retail and Business Development at Kinderhook Bank. 

Active in the community, Mr Stone serves on the boards of Albany Medical Center, Columbia Memorial Health, College of Saint Rose, Center for Economic Growth, Totman Medical Research Foundation, in addition to the Palace Theater. 

Mr Stone grew up in Malone, New York. He holds a Bachelors of Economics from St Lawrence University and graduated from the American Bankers Association- Stonier Graduate School of Banking at the University of Delaware. Stone currently resides in Waterford, NY with his wife Diane and has two grown children. 

About Berkshire Bank 

Berkshire Hills Bancorp (NYSE: BHLB) is the parent of Berkshire Bank, America's Most Exciting Bank. The Company, recognized for its entrepreneurial approach and distinctive culture, has $9.3 billion in assets and 97 full service branch offices in Massachusetts, New York, Connecticut, Vermont, New Jersey and Pennsylvania providing personal and business banking, insurance, and wealth management services. The Company has a pending agreement to acquire Commerce Bancshares Corp, the parent company of Commerce Bank and Trust Company, a $2.2 billion bank with 16 branches in the Worcester, MA and Boston, MA markets.