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Biz Briefs: Greylock's North Adams Branch Moving to Ashland Street
03:08PM / Wednesday, December 27, 2017
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The newly renovated location at 131 Ashland St. offers members the convenience of one-stop shopping for all their banking and insurance needs.

Coming soon

The Greylock Federal Credit Union and Greylock Insurance Agency offices located at 66 Main St. in North Adams both will be moving to 131 Ashland St. (Landmark Building) on Jan. 8. The Landmark building is the former home of Landmark Credit Union, which merged with Greylock in 2017. After the merger the Landmark building was closed for renovations which were recently completed.

The newly renovated location at 131 Ashland St. offers members the convenience of one-stop shopping for all their banking and insurance needs. It also offers plenty of parking and a drive-up. A grand opening will be held in February to celebrate the newly renovated branch.


Looking ahead

Berkshire Money Management invites all current Crane & Co. employees to several informational sessions highlighting rollover options for 401(k) plans after a major company sale. The sessions will all take place at BMM's new home, the Model Farm at 161 Main St. in Dalton, on Thursday, Dec. 28, from 4 to 5 p.m. and Friday, Dec. 29, from 9:30 to 10:30 a.m., as well as Thursday, Jan. 4, from 4 to 5 p.m. and Friday, Jan. 5, from 9:30 to 10:30 a.m.

Guests are encouraged to air concerns and ask questions during these very informal sessions. Crane employees have six "rollover" options in deciding what to do with their 401(k) retirement fund. In December, Crane announced the sale of  Crane Currency to a Connecticut-based firm called Crane Co. for $800 million. The currency department, part of Crane & Co., employs about 600 people in Dalton.


Nonprofit news

A new report, "Nonprofit Benefits in the Berkshires," has been released by Nonprofit Center of the Berkshires in collaboration with Nash Insights of Pittsfield. The report details the results of a survey that was conducted in the fall with the intention of providing a closer look at the benefits offered by Berkshire County nonprofits than has previously been provided by other studies.

Benefits are an important part of the compensation package that nonprofits provide to attract and retain employees. With nonprofit salaries often lower than those in the private sector, benefits are a useful way to enhance the total compensation package.

A total of 40 organizations responded to the survey. The sample offers a mix of different types and sizes of organizations from all parts of Berkshire County. The report includes findings on a variety of benefits including: short and long-term disability, health and life insurance, long-term care insurance, retirement plans, child care, parental or family leave, tuition assistance, and health savings and flexible spending accounts, among others. The report also provides data on how the Berkshires compares to Southern New England and parts of New York. The full report is available online for $35.

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