Beacon Financial Corp 8-K, filed Sep 9, 2021
Beacon Financial Corp (BBT)
8-K
2021-09-09
For: 2021-09-09
View Original
Added on
April 07, 2026
About this 8-K
Beacon Financial Corp filed this 8-K on September 9, 2021.
Items reported
- Item 8.01: Other events
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): September 9, 2021
(Exact Name of Registrant as Specified in its Charter)
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(State or Other Jurisdiction)
of Incorporation)
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(Commission File No.)
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(I.R.S. Employer
Identification No.)
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(Address of Principal Executive Offices)
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(Zip Code)
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Registrant’s telephone number, including area code: (800 ) 773-5601 , ext. 133773
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Act:
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Title of each class
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Trading symbol(s)
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Name of each exchange on which registered
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule
12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has
elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ◻
| Item 8.01 |
Other Events
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On September 9, 2021, Berkshire Hills Bancorp, Inc., the
parent company of Berkshire Bank (the “Bank”), announced that the Bank has hired Ellen Steinfeld as EVP, Head of Consumer Lending and Payments.
The full text of the news release is attached as Exhibit 99.1 to this Form 8-K and is incorporated herein by reference.
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 Hills Bancorp, Inc.’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 Hills Bancorp, Inc. does not undertake any obligation to update forward-looking statements.
| Item 9.01 |
Financial Statements and Exhibits
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(a)
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Financial Statements of Businesses Acquired. Not applicable.
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(b)
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Pro Forma Financial Information. Not applicable.
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(c)
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Shell Company Transactions. Not applicable.
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(d)
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Exhibits.
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Exhibit No. Description
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Cover Page Interactive Data File (embedded within the Inline XBRL document)
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned, hereunto duly authorized.
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Berkshire Hills Bancorp, Inc.
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DATE: September 9, 2021
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By:
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/s/ Wm. Gordon Prescott
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Wm. Gordon Prescott
Executive Vice President and
General Counsel
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EXHIBIT 99.1
Berkshire Hills Bancorp Announces Mortgage Professional Ellen Steinfeld
Hired as Executive Vice President, Head of Consumer Lending & Payments
BOSTON – September 9, 2021 – 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.
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CONTACTS
Investor Relations Contacts:
Kevin Conn, SVP, Investor Relations & Corporate Development
Email: KAConn@berkshirebank.com
Tel: (617) 641-9206
Email: KAConn@berkshirebank.com
Tel: (617) 641-9206
David Gonci, Capital Markets Director
Email: dgonci@berkshirebank.com
Tel: (413) 281-1973
Email: dgonci@berkshirebank.com
Tel: (413) 281-1973
Media Contact:
Gary Levante, SVP, Corporate Responsibility & Culture
Email: glevante@berkshirebank.com
Tel: (413) 447-1737
Email: glevante@berkshirebank.com
Tel: (413) 447-1737