Berkshire County, Massachusetts, a core county of the Pittsfield, MA market, holds $4.6B in deposits across 9 insured institutions and 50 branches. Berkshire Bank is the largest deposit holder at 35.7% share. The top three institutions hold 65.5% of deposits, which places the county in the concentrated band. Deposits have fallen 11.5% since 2020 while the branch count fell by 7. It produces $7.2B of output, ranking #459 of the 1,523 counties within a CSA or MSA by economic output.
Deposit trend
Branches: 57 in 2020 to 50 in 2025. Institutions: 10 to 9. Top-three share: 73.5% to 65.5%.
Leading institutions by deposits
| Institution | Deposits | Share | 5‑yr |
|---|---|---|---|
| Berkshire Bank | $1.7B | 35.7% | -37% |
| Adams Community Bank | $808M | 17.4% | +39% |
| TD Bank, National Association | $576M | 12.4% | -8% |
| MountainOne Bank | $478M | 10.3% | +17% |
| Lee Bank | $473M | 10.2% | +29% |
| The Pittsfield Co-operative Bank | $314M | 6.8% | +10% |
| NBT Bank, National Association | $252M | 5.4% | +91% |
| Citizens Bank, National Association | $52M | 1.1% | -21% |
| TrustCo Bank | $29M | 0.6% | -27% |
The 9 insured institutions with a branch presence in this county, as of June 30, 2025. Five-year change compares the same institution’s county deposits in 2020 and 2025. Institutions are tracked by FDIC certificate number, and where an institution acquired another bank, the acquired bank’s prior deposits are folded into the baseline so the change reflects the combined, continuing franchise rather than reading as new. Even so, a large gain can reflect acquisition rather than organic growth; “no 2020 presence” means neither the institution nor a bank it later absorbed reported deposits in this county that year.
Part of the Pittsfield market
Berkshire County is the only county in the Pittsfield, MA market, a Metropolitan Statistical Area (ranked #241 of 293 U.S. markets by economic output). It produces 100.0% of the market’s output and holds 100.0% of its deposits.
| Measure | Berkshire County | Share of Pittsfield market |
|---|---|---|
| 2024 GDP | $7.2B | 100.0% |
| Deposits | $4.6B | 100.0% |
| Population | 128,224 | 100.0% |
See the Pittsfield market in Market Intelligence →
Recruiting in Berkshire County
Deposits are held closely by the largest banks, which often means the bankers worth recruiting are inside a small number of institutions. Who holds the deposits, and how contested the market is, shapes both the runway for growth and the competition you would be recruiting against. We recruit commercial relationship managers, banking teams, and market leaders for banks building in markets like Berkshire County, on a retained basis.
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