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.
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”).
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