Press Release

MountainOne Donates $100,000 to BHS COVID-19 Fund

Thursday, April 9, 2020

PITTSFIELD, MA— MountainOne has committed $100,000 to Berkshire Health Systems (BHS) to support our Berkshire community and help BHS fight the coronavirus pandemic.

“As a community bank, we always strive to respond to the needs of our friends and neighbors. The need has never been more apparent than now, during the COVID-19 crisis,” said Robert Fraser, President and CEO of MountainOne. “I continue to be impressed with the strength and leadership of Berkshire Health Systems in their compassionate care for our community, especially in North County, where we are headquartered,” Fraser stated. “This gift is given in appreciation for BHS, Berkshire Medical Center (BMC), and all of the BHS healthcare staff that serve our region on a day-to-day basis and especially in extraordinary times.”

“We are facing enormous challenges battling COVID-19,” explained President and CEO of Berkshire Health Systems David Phelps. “Doctors, nurses, and support staff are working around the clock to treat the sick and stop the spread of the virus. We are planning for a surge in the number of cases in our county, while negotiating the significant financial pressures caused by a dramatic increase in the cost of care and a simultaneous drop in revenue resulting from the pause of almost all outpatient activity. We are profoundly thankful for MountainOne’s trust in our healthcare providers and for the financial support that will help us to address the critical needs of our staff.” Phelps added, “The support of community businesses like MountainOne demonstrates to our caregivers and staff on the front lines that our community is grateful for their sacrifices and their dedication.”

About MountainOne
MountainOne is a mutual holding company headquartered in North Adams, MA. Founded in 1848, MountainOne Bank provides a complete array of personal and business banking and electronic services. MountainOne Insurance provides personal and business insurance, bonding services and group benefits solutions. The financial advisors of MountainOne Investments offer securities and advisory services to individuals and businesses through Commonwealth Financial Network®, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services offered through CES Insurance Agency or MountainOne Investments. MountainOne Bank is not a registered broker-dealer or Registered Investment Adviser. MountainOne Bank and MountainOne Insurance are not affiliated with Commonwealth. Products and services are offered at full service offices in the Berkshires (Pittsfield, North Adams, Williamstown) and on Boston’s South Shore (Quincy, Rockland, Scituate). MountainOne Investments’ main office is located at 85 Main Street, Suite 100, North Adams, MA 01247. (413) 664-4025

Insurance and Investments are not insured by the FDIC and are not deposits or other obligations of, or guaranteed by, any depository institution. Funds are subject to investment risks, including possible loss of principal investment.

About Berkshire Medical Center
Berkshire Medical Center, an affiliate of Berkshire Health Systems, is a 298-bed community teaching hospital serving the residents of Berkshire County and the neighboring areas. As the region’s leading healthcare provider, Berkshire Health Systems’ mission is to improve the health of all people in the Berkshires and surrounding communities, regardless of their ability to pay. To support Berkshire Health Systems in its fight against the novel coronavirus (COVID-19), please visit www.berkshirehealthsystems.org/COVID-19ReliefFund.

For more information, please call Kelli Kozak at MountainOne, (413) 664-4025