DALTON -- The town's longest serving financial institution is moving to a new location in Dalton.

The Pittsfield Cooperative Bank is moving its Dalton branch from 488 Main St. to 431 Main St., the site of a former TD Bank branch that moved out of town last year.

The bank's last day at its current location will be Thursday, May 22. The new branch will re-open on Saturday, May 24.

"While we could have stayed right where we are this move is being made to benefit our existing customers as well as those impacted by TD Bank's departure," bank president J. Jay Anderson said in a statement.

The Dalton branch's new location will enhance the bank's services for those who need them.

"It is a larger building that features more parking, and for those in need, safe deposit boxes," Anderson said.

The Pittsfield Co-op has operated a branch in Dalton since 1962, longer than any other bank. The branch was originally located at 645 Main St., but moved to its current location on July 1, 1973.

The Pittsfield Cooperative Bank has also received a rating of high satisfactory from the Commonwealth's Division of Banks for its performance under the Community Reinvestment Act.

The Community Reinvestment Act evaluates the bank's record of meeting the credit needs of its entire community, including low and moderate income neighborhoods, consistent with safe and sound operation of the institution.

A substantial majority (93.


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9 percent) of the Co-op's residential and small business loans are inside the bank's assessment area, according to the report.