TIME names Berkshire Bank one of America’s Best Mid-Size Companies 2024

Berkshire among 500 top-performing U.S. companies of its size

BOSTON, July 11, 2024 — Berkshire Bank announces it has been named one of the 500 top-performing U.S. companies of its size as determined by TIME’s America’s Best Mid-Size Companies 2024, the latest in a series of honors that also include Newsweek naming the bank one of the Most Trustworthy Companies in America and one of America’s Best Regional Banks.

All companies that operate in the United States and recorded between $100 million and $10 billion in revenue in 2022 or 2023 were considered for the America's Best Mid-Size Companies 2024 list, but only the top performers were selected based on an evaluation of more than 15 specific criteria along three dimensions:

Employee satisfaction
Financial performance
Transparent reporting on the company’s commitment to a more sustainable, just and equitable future.

“This award reflects the deep commitment of all Berkshire bankers to provide industry-leading expertise and deliver personalized service and tailored solutions to help our clients achieve their financial goals, a pledge we’ve been delivering on for more than 175 years,” said Berkshire CEO Nitin Mhatre.

“We’re proud to say Berkshire also leads the way in sustainable and equitable banking, reinvesting in our communities at a rate nearly 70% higher than the industry average,” Mhatre said. “Our employee engagement has increased in each of the past three years to its highest level in 2023, resulting in improved client experience and financial performance.”

TIME partnered with Statistica Inc., one of the world's leading companies for statistical and market data, to issue rankings for the inaugural America’s Best Mid-Size Companies 2024.

About Berkshire Bank  
Berkshire Bank is a relationship-driven, community-focused bank that delivers industry-leading financial expertise to clients in New England and New York and is a subsidiary of Berkshire Hills Bancorp, Inc. (NYSE: BHLB), headquartered in Boston. With $12.1 billion in assets and 93 financial centers, the Bank provides a full suite of tailored banking solutions through its Commercial Banking, Retail Banking, Consumer Lending, Private Banking and Wealth Management divisions. For more than 175 years, Berkshire has delivered strength, stability and trusted advice to empower the financial potential of its clients and communities.