News and events from Legacy Banks
Reports from our community about Legacy Banks’ business initiatives, upcoming events, branch activities and staff news. Use the sort feature to access previous releases and the news archive.
December 16, 2009
Legacy Bancorp, Inc., the holding company for Legacy Banks, has earned The Boston Club Award, which is given in recognition of New England companies with two or more women on their boards of directors.
December 14, 2009
Pittsfield, Mass. – Three Financial Service Leaders have recently been promoted at Legacy Banks according to an announcement by J. Williar Dunlaevy, Chief Executive Officer. They include Lynne Carlotto, who has been elected to Vice President for Compliance; Scott Schiff, who was promoted to Vice President for Sales and Business Development and Timothy Collins who has been elected Loan Officer for Legacy Real Estate Finance, Legacy’s national commercial real estate lending program. December 1, 2009
The Legacy Banks Foundation is pleased to announce that the members of our community have come forward to help exceed the goal of a challenge grant offered by the Foundation in August.
December 1, 2009
Legacy Banks has welcomed a new Consumer Loan Originator to its Berkshire County market according to an announcement today by Consumer Group Vice President Jacqueline McNinch.
December 1, 2009
In anticipation of excessive fuel costs this winter for Berkshire County residents, The Legacy Banks Foundation is bringing back its fuel assistance program to assist those in need.
November 25, 2009
The Legacy Banks Foundation has provided a $1,000 grant to Capital District Habitat for Humanity to support the Stephen Street Project, the organization’s latest building project.
November 25, 2009
Legacy Investments and Insurance Group, a division of Legacy Banks, is hosting an informative workshop discussion about long-term care cost management.
November 18, 2009
Legacy Portfolio Management, the investment management division of Legacy Banks, is hosting an informative breakfast discussion about trust and estate management.
November 5, 2009
The Legacy Banks Foundation has provided a $5,000 grant to Construct, Inc. to support Project Home, a program that provides financial assistance, case management, life skills lessons, and adult educational activities to stabilize homeless or at risk households into permanent housing.
October 28, 2009
Legacy Bancorp, Inc. (the “Company” or “Legacy”) (NASDAQ: LEGC), the holding company for Legacy Banks (the “Bank”), today reported a net loss of $1.7 million, or $0.21 per diluted share for the quarter ended September 30, 2009, as compared to net income of $564,000, or $0.07 per diluted share in the third quarter of 2008.
October 23, 2009
The Legacy Banks Foundation has contributed a grant in the amount of $2,500 to Hillcrest Educational Centers, Inc. to support an expansion of the organization’s Hillcrest Dental Care program. 
October 16, 2009
Legacy Banks Chairman and Chief Executive Office J. Williar Dunlaevy has announced the appointment of Darlene M. Rodowicz of Cheshire, Mass. to the bank’s Board of Directors.
October 6, 2009
Tickets for a lecture by Richard Lavoie, sponsored by The Legacy Banks Foundation, have now been made available to the general public.
September 30, 2009
The Legacy Banks Foundation has provided a $1,000 grant to the Berkshire South Regional Community Center for 2009/2010 general operating expenses.
September 21, 2009
Legacy Banks has welcomed Bethany Perry as the Manager of the Otis branch office according to an announcement by Angela Motler, Senior Vice President of Branch Administration.
September 4, 2009
Tickets are now available to area educators for a lecture by Richard Lavoie, sponsored by The Legacy Banks Foundation.
September 2, 2009
Legacy Bancorp, Inc. (the “Company” or “Legacy”) (NASDAQ: LEGC), the holding company for Legacy Banks (the “Bank”), announced today that its Board of Directors has declared a cash dividend of $0.05 per common share.
August 12, 2009
Legacy Banks will host a free Mortgage Pre-Qualification Program at its Lenox Office for those interested in learning what type of home they can afford to purchase. The session will be held from 5-8 p.m., Tuesday, August 25, 2009 at Legacy Banks Lenox Office, 25 Main Street, Lenox.
August 12, 2009
Legacy Banks is offering a First-time Homebuyer Equity Builder Program for qualifying customers in need of financial assistance to purchase a home. The program, available as a result of Legacy Banks’ participation in the Federal Home Loan Bank of Boston Equity Builder Program, is available to first-time borrowers who have not had an ownership interest in a property for the past three years.
August 10, 2009
The 5th Annual Conor Dillon Memorial Golf Tournament hosted by Matt Torra and presented by Legacy Banks will be held on Saturday, October 17, 2009.
August 6, 2009
A new MassHousing Program provides another reason for people to begin looking for their first home.
August 3, 2009
In response to an increased number of domestic violence cases in Berkshire County in recent months, The Legacy Banks Foundation is offering a $10,000 challenge grant.
July 29, 2009
Legacy Bancorp, Inc. (the “Company” or “Legacy”) (NASDAQ: LEGC), the holding company for Legacy Banks (the “Bank”), today reported a net loss of $1.5 million, or $0.19 per diluted share for the quarter ended June 30, 2009, as compared to net income of $914,000 in the second quarter of 2008.
July 20, 2009
Legacy Banks will sponsor a free retirement income luncheon on Thursday, July 30, 2009 at Bobby Hudpuckers Restaurant in Pittsfield, Mass.
| July 17, 2009
Legacy Bancorp (LEGC) announced that it has been added to the Russell 2000® Index.
July 8, 2009
A Legacy Banks retail banking professional was selected as the 2009 Massachusetts Business & Professional Women’s organization Virginia Allen Young Careerist.
June 25, 2009
Legacy Banks has welcomed a new Mortgage Specialist to its eastern New York region according to an announcement today by Consumer Group Executive Vice President Steven F. Pierce.
June 15, 2009
Pittsfield, MA – In recognition of the opening of Legacy Banks’ branch office in Haydenville, Mass., The Legacy Banks Foundation has awarded grants to non-profit organization serving the area.
June 8, 2009
Legacy Bancorp, Inc. (the “Company” or “Legacy”) (NASDAQ: LEGC), the holding company for Legacy Banks (the “Bank”), announced today that its Board of Directors has declared a cash dividend of $0.05 per common share.
June 8, 2009
Pittsfield, Mass. – Legacy Banks will host will host a free money management workshop on June 17, 2009 from 5-7 p.m. at The Pittsfield Family YMCA at 292 North Street, Pittsfield.
May 21, 2009
Pittsfield, Mass. – Legacy Bancorp has been named to The Boston Globe’s list of the top 100 companies for 2009.
May 8, 2009
Pittsfield, Mass. – The Legacy Banks Foundation has provided a grant in the amount of $1,500 to Berkshire Family and Individual Resources (BFAIR) to support professional development for educators who specialize in autism.
April 27, 2009
PITTSFIELD, MASSACHUSETTS (April 27, 2009): Legacy Bancorp, Inc. (the “Company” or “Legacy”) (NASDAQ: LEGC), the holding company for Legacy Banks (the “Bank”), today reported a net loss of $792,000, or $0.10 per diluted share for the quarter ended March 31, 2009, which represents a decrease of $1.2 million from net income of $417,000 in the first quarter of 2008. The decrease was primarily the result of an increase in the loss taken on investments deemed to be other-than-temporarily impaired (OTTI), and an increase in the provision expense for loan losses.
April 21, 2009
Legacy Banks will host will host a free money management workshop on May 6, 2009 at The Immigrant Center at the First Baptist Church, 88 South Street in Pittsfield. Two identical sessions taking place from 10:00 a.m. to 12:00 p.m. and 5:00 – 7:00 p.m. The program, titled “Managing your money in tough economic times,” will be presented in both Spanish and English depending on need. April 16, 2009
Pittsfield, Mass. – The Legacy Banks Foundation has provided a $1,500 grant to the Helen Berube Teen Parent Program to assist with operational expenses during 2009.
April 10, 2009
Thomas McKeon, a local investment executive with Legacy Portfolio Management (LPM), and Infinex Investments, Inc has obtained his Certified Financial Planner™ certification.
March 31, 2009
With mortgage rates at record lows, there may have never been a better time to purchase a home. As a result, Legacy Banks is offering a workshop for anyone who is or will be in the market to buy a home.
March 17, 2009
Legacy Bancorp, Inc. (the “Company”) (NASDAQ:LEGC), the holding company for Legacy Banks (the “Bank” or “Legacy”) announced today that the Bank completed its acquisition of the full-service branch office of The Bank of Western Massachusetts, a division of People’s United Bank (“People’s United”) located in Haydenville, Massachusetts (the “Haydenville Office”) on March 13, 2009.
March 6, 2009
Legacy Portfolio Management (LPM) has welcomed Derek F. Cooney as a Trust Officer according to an announcement by John Meyer, senior vice president of LPM.
March 4, 2009
Legacy Bancorp, Inc. (the “Company” or “Legacy”) (NASDAQ: LEGC), the holding company for Legacy Banks (the “Bank”), announced today that its Board of Directors authorized a stock repurchase program (the “Stock Repurchase Program”) for the purchase of up to 439,095 shares of the Company’s common stock or approximately 5% of its outstanding common stock.
February 3, 2009
Tickets are now available to area educators for a lecture by Dr. Howard Gardner, sponsored by The Legacy Banks Foundation.
January 29, 2009
Legacy Bancorp, Inc. (the “Company” or “Legacy”) (NASDAQ: LEGC), the holding company for Legacy Banks (the “Bank”), today reported a net loss of $451,000, or $0.06 per diluted share for the quarter ended December 31, 2008, which represents an improvement of $43,000 from a net loss of $494,000 in the fourth quarter of 2007.
January 23, 2009
The Legacy Banks Foundation has contributed a grant of $2,500 to the Recording for the Blind & Dyslexic (RFB&D), which operates two studios in Berkshire County – one in Lenox and one in Williamstown.
January 23, 2009
Legacy Bancorp, Inc. (the “Company” or “Legacy”) (NASDAQ: LEGC), the holding company for Legacy Banks (the “Bank”), announced that its Board of Directors and executive management have decided not to participate in the U.S. Treasury Capital Purchase Program (the “Program”).
January 16, 2009
Pittsfield, Mass. – Legacy Banks’ Executive Vice President Steven F. Pierce has announced that Scott Schiff has been promoted to Assistant Vice President focusing on Business Development.
January 16, 2009
Albany, NY - The Legacy Banks Foundation has contributed $2,000 to The Albany Housing Coalition to benefit the Veterans Community Advocacy Program (VCAP).
January 7, 2009
Legacy Banks, headquartered in Pittsfield, Massachusetts, today marked the official opening of its new full-service branch office location at 545 Troy-Schenectady Road, Latham, New York.
January 2, 2009
PITTSFIELD, MASSACHUSETTS (January 2, 2008): Legacy Bancorp, Inc. (the “Company” or “Legacy”) (NASDAQ: LEGC), the holding company for Legacy Banks (the “Bank”), today announced that it has received preliminary approval of its application for approximately $20 million under the U.S. Treasury Capital Purchase Program (the “Program”).
|
|
Member FDIC | Member DIF