44 Business Capital becomes division of Berkshire Bank
Berkshire Bank has completed its asset purchase transaction with 44 Business Capital of Pennsylvania and Parke Bank of New Jersey.
Under the terms of the transaction, Berkshire has acquired the business model of 44 Business Capital and certain other assets of Parke Bank's U.S. Small Business Administration 7(a) loan program operations.
44 Business Capital is now operating as a direct small business lending division of Berkshire Bank reporting up through the bank's already established small business line of business, and originating SBA loans for Berkshire Bank. 44 Business Capital's entire team, along with its leadership, have joined Berkshire Bank.
Berkshire signed the asset purchase agreement in November. The transaction was subject to the required regulatory approvals.
Realtor receives NAR national "green" designation
Realtor Mark D. Harris of Signatures Associates Inc. Realtors has been awarded the National Association of Realtors' "Green" Designation, the only green real estate professional designation that is recognized by the NAR.
The designation courses ensure designees gain comprehensive knowledge of green homes, and issues of resource-efficiency in relation to real estate and home owners.
Market 32 receives green rating from rating system
Price Chopper's Market 32 store in Pittsfield is one of four Market 32s that have been awarded third-party certification from Green Globes, a nationally-recognized green rating system for new and existing buildings established by the Green Building Initiative.
The others are remodeled stores in Clifton Park and Wilton, N.Y.