Firestone Financial Announces Results of Amusement Industry Survey

Survey asks amusement owners and operators the impact of COVID-19 on their business and the effect on their 2021 plans. Needham, Mass. – Firestone Financial, a subsidiary of Berkshire Bank, today announced the results of their amusement industry survey, including purchasing needs and industry event attendance plans over the next year. “Our customers and industry partners have […]

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FIRESTONE FINANCIAL CELEBRATES 55TH ANNIVERSARY

The finance company, known throughout the amusement, carnival, fitness franchise, and vending industries, marks its 55th anniversary.   NEEDHAM, MA – July 20, 2020 – Firestone Financial, a subsidiary of Berkshire Bank, celebrates their 55th anniversary this year. Firestone Financial is one of the top lenders in the amusement, attractions, fitness franchise, and vending industries. “Firestone […]

Firestone Financial, COO’s Response During a Crisis

A business-as-usual approach during a crisis A message from Michael Smith, Executive Vice President & Chief Operating Officer Over the last two years Firestone Financial has written over $300MM in loans to the amusement, carnival, FEC, vending, and fitness industries. We’ve built countless partnerships with the franchises, manufacturers, and distributors who support those industries. Because of […]

Firestone Financial to Offer Assistance to Customers Impacted by Coronavirus (COVID-19)

Needham, Mass. – Firestone Financial, a subsidiary of Berkshire Bank, announced today plans to offer assistance to customers impacted by Coronavirus (COVID-19). Coronavirus is causing business closures and event cancellations across the country. “We understand the impact this may have on our customers’ businesses,” said Michael Smith, Executive Vice President, Chief Operating Officer of Firestone Financial. “Their […]

Firestone Financial Announces 2019 Platinum Partners Awards Recipients

Needham, Mass. – Firestone Financial, a subsidiary of Berkshire Bank, announced their 2019 Platinum Partners today. An awards ceremony honoring the recipients will take place at Amusement Expo 2020 on March 11 at 10 a.m. in Firestone Financial Booth #751. “Every year we have a terrific pool of partners to choose from. This year was especially difficult […]

Firestone Financial to Offer Assistance to Customers Impacted by Hurricane Dorian

Needham, Mass. – Firestone Financial, a subsidiary of Berkshire Bank, announced today plans to offer assistance to customers impacted by Hurricane Dorian. Hurricane Dorian is expected to hit the Southern United States later this week. “During a major hurricane like Dorian, the last thing we want is for our customers to worry about their loans and […]

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Berkshire Bank CEO Richard Marotta signs pledge to advance diversity and inclusion

BOSTON, MA (July 17, 2019) – Berkshire Bank has joined the growing coalition of businesses pledging to advance diversity and inclusion in the workplace. More than 600 CEOs have come together for the CEO Action for Diversity & Inclusion™, including Berkshire Bank’s Richard Marotta.   By signing on to this commitment, Mr. Marotta and Berkshire Bank are pledging to take action to […]

FIRESTONE FINANCIAL’S EXECUTIVE VICE PRESIDENT, CHIEF OPERATIONS OFFICER, MICHAEL SMITH, ASSUMES COMPANY’S TOP LEADERSHIP POSITION

Needham, MA – Firestone Financial, a subsidiary of Berkshire Bank, announced  that Michael Smith, Executive Vice President, Chief Operations Officer, assumed the company’s top leadership position. Long-time Chief Executive Officer David Cohen transitioned out of the company in mid-May 2019. “I come into my expanded role excited to continue the foundation David set and bring […]

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FIRESTONE FINANCIAL EVP, CHIEF OPERATING OFFICER SCOTT COOPER ANNOUNCES PLANS TO STEP DOWN IN MAY 2019

Michael Smith, SVP Portfolio Risk Management, to Assume Role of EVP, COO on March 1, 2019 Needham, MA – Firestone Financial, a subsidiary of Berkshire Bank, announced today that Executive Vice President, Chief Operating Officer Scott Cooper will step down in May 2019. Mr. Cooper has been with Firestone Financial for nearly 30 years. It was announced […]