While the shift to digital banking has led lenders to close branches across New England, Berkshire Bank and Chase Bank are investing in their brick-and-mortar locations as tools to address financial issues and inequities highlighted by the pandemic.
Berkshire Bank’s Reevx Labs has launched an online community platform to provide resources for small businesses, nonprofits and artists with resources. As part of the launch, Reevx Labs has partnered with the Boston Public Library’s Kirstein Business Library & Innovation Center to give users access to the library’s business resources and expert staff.
Berkshire Bank and Reevx Labs on Thursday will host the third part of its “Reimagining America” townhall series. Called “How to be a Strong Ally,” the online session will address how white allies can help build an equitable and inclusive economy that ensures all communities can thrive.
Black and Latinx communities have been disproportionately affected by the coronavirus pandemic while facing challenges throughout the economic crisis. For Berkshire Bank’s Malia Lazu, community banks will have a key role in working with these populations to help them rebuild and thrive in the economy.
