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Customers can open an account at one of its 122 branches. Compared to other banks, Berkshire Bank’s loan portfolio does not show any specific loan specialty. Berkshire Bank has a Return on Equity of 8.53% versus the BestCashCow average of 9.98%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Reddi-Cash is a fixed rate personal line of credit tied to a Berkshire Bank checking account for the purposes of overdraft protection. Service Member Reddi Cash requires an eXciting Military CheckingSM account. More Info Home Equity rates and terms are subject to change without notice. All offers of credit are subject to credit approval; applicants may be offered credit at higher rates and other terms.
Berkshire Bank
For the locations that are appointment only or closed please visit our branch update page, and find the branch that is open nearest you. Enjoy the everyday convenience of a credit card while saving on interest.
For a more detailed analysis of Berkshire Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section. Berkshire Bank is an FDIC insured institution located in Pittsfield, MA. It was founded in 1846 and has approximately $11.58 billion in assets. Stay connected to your money, wherever life takes you. If you are using Internet Explorer, you may need to select to 'Allow Blocked Content' to view this calculator. When you're in the market for a consumer loan that fits your budget, turn to the lending experts at Berkshire Bank.
Home Equity Loan product from Berkshire Bank - Amortization Schedule Calculator
These companies do not lend money directly to you, but work with lenders like The Berkshire Bank to offer mortgage loans that meet your needs. There are limits to the amount of these loans based on national average home prices. No matter what your commercial mortgage needs are, The Berkshire Bank has the loan for you. We recognize your need to successfully manage your business goals. We can build a loan program that works in partnership with you and supports your long-term business goals.
The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. As of June 30, 2022, Berkshire Bank had $33,644,000 in non-current loans and $0 in owned real estate. To cover these potential losses it had $1,029,108,000 in equity and $99,021,000 in loans loss reserves.
Checking & Savings
A big change in these figured can also be from a bank acquisition or merger. Our residential mortgage loans will make you feel at home. The Berkshire Bank wants to help you buy the home of your dreams!
The calculator also provides an amortization table to show the amount of principal and interest payments a borrower will make over the life of the line of credit. Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender.
Berkshire Court, Red Bank, NJ 07701
Use the calculator below to calculate your monthly home equity payment for the loan from Berkshire Bank. The calculator also provides an amortization table to show the amount of principal and interest payments a borrower will make over the life of the loan. Your home is most likely the biggest investment in your life.
Life is expensive enough without paying off-the-chart interest rates. At Berkshire Bank, you can get the money you need to make your life better without putting a big dent in your household budget. Apply online, over the phone, or in person at your local branch. We’re transparent about how we are able to bring quality content, competitive rates, and useful tools to you by explaining how we make money. Bankrate follows a strict editorial policy, so you can trust that we’re putting your interests first.
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At Berkshire Bank, we don't believe in driving up your monthly payments with high interest rates. Whether you choose a fixed-rate or variable-rate mortgage, you'll get a loan with terms you can live with. More Info The Figure Home Equity Line is an open-end product where the full loan amount will be 100% drawn at the time of origination.
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You'll find our mortgage loans come with affordable interest rates, flexible terms and much more! You can always count on the expertise, professionalism and personal touch of our experienced Mortgage Advisors. It's more than just a slogan, it's a way of doing business you'll come to rely on. Successfully purchasing property requires finding the best type of loan and terms for your personal or business financial situation. Several different loan products, each designed to meet a buyer's specific circumstances, are available at The Berkshire Bank. Our experienced Mortgage Advisors will work with you to provide the best loan for your needs.