Berkshire Bank pledges to advance workplace ‘diversity and inclusion’

PROVIDENCE – Berkshire Bank CEO Richard M. Marotta has signed a pledge for the bank to advance “diversity and inclusion” in the workplace.

Berkshire Bank entered the Rhode Island market this year with its acquisition of Savings Institute and Trust Co., which has five branches in Rhode Island and 18 in eastern Connecticut.

By signing onto the agreement, Marotta and the bank are pledging to take action to “cultivate a workplace where diverse perspectives and experiences are welcomed and respected and where employees feel encouraged to discuss diversity and inclusion,” the bank said.

Marotta clarified the point of the pledge, which more than 600 CEOs are supporting across different industries.

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“The neighborhoods we work with have changed greatly” over the bank’s history, Marotta explained. “We want to ensure that as demographics shift and our communities become more racially and ethnically diverse, that we’re as nimble and adaptive as possible.

“For us,” he added, “this means creating programs and services that are inclusive and address the needs of our neighbors. We are committed to making sure all of our customers feel like we are attuned to their financial dreams, as well as their struggles.”

Scott Blake is a PBN staff writer. Email him at Blake@PBN.com.