BANKS

Berkshire Bank offices in downtown Pittsfield.
Adam Frenier / NEPR

News this week that Berkshire Bank plans to move its headquarters from Pittsfield to Boston caught some local officials by surprise. But they're hoping the bank's move could still end up being a positive for Berkshire County and its largest city.

Berkshire Bank offices in downtown Pittsfield.
Adam Frenier / NEPR

Berkshire Bank says its planned move to Boston will have little impact on workers at its current headquarters in Pittsfield.

The move to Boston is largely driven by Berkshire's planned acquisition of Commerce Bank, which has 19 branches in central and eastern Massachusetts.

Sean Gray, chief operating officer of Berkshire Bank, said there will be no job losses in Pittsfield and the city will remain an operational center for the bank.

He said moving its headquarters to Boston will get executives closer to regulators, lawmakers and the financial hub of the region.