Merger News

Updates on Our Partnership with Pittsfield Cooperative Bank

On Monday, April 6th, 2026, Julie Fallon Hughes, CEO of Adams Community Bank, and Michael P. Daly, CEO of Pittsfield Cooperative Bank (Co-op Bank), announce that their Boards of Directors have unanimously approved a strategic merger estimated to be completed late fall 2026. The combined institution will operate as a mutual banking organization with approximately $1.5 billion in assets, nearly 200 employees, and fifteen full-service branches serving communities throughout the county.

The merged bank will locate its headquarters and a full-service branch at 99 West Street in Pittsfield, a building recently purchased by Co-op Bank. Upon completion, the combined institution will remain a locally focused community bank with decisions made in the Berkshires. The bank will continue to invest in local businesses and nonprofit organizations to support its customers and communities. All customer deposits will continue to be fully insured through the FDIC and the Depositors Insurance Fund (DIF).

As we bring two banks together, we’re committed to keeping you informed. Visit this page for the latest update, helpful information, and answers to your questions along the way.