Press Release

MountainOne Invests In North Adams

Thursday, March 24, 2022

MountainOne North Adams buildingNorth Adams, Mass. (March 24, 2022) – MountainOne, headquartered in North Adams and helping customers navigate the landscape of banking, insurance, and investments for almost two centuries, is proud to continue its investment in downtown North Adams with its most recent renovation project: The Company has recently completed over $1.3 Million in renovations and upgrades to its building located at 93 Main Street in North Adams.

Working in partnership with local contractors, MountainOne upgraded heating, cooling, and air quality systems throughout the four-story stone building. Adams Plumbing & Heating, the project leader, provided all equipment and managed installation. Subcontractors included Moresi & Associates Electrical Contractors and CTC Inc. – Building Automation of Adams, MA. The renovation was a multifaceted process including installation of new roof units lifted in via crane from the Center Street parking lot.

“As an anchor institution on Main Street, it is critical for us to make ongoing investments in our physical plant and infrastructure, especially in an iconic building like ours,” said Bob Fraser, CEO of MountainOne. “We are proud to work with quality local contractors as our partners, and to make a meaningful investment in this community and the downtown area.”

“It was a pleasure working with the MountainOne team to get this project completed,” said Amy Moresi, President of Adams Plumbing & Heating. “This was a challenging project and it is comforting to know that this beautiful building is being so well maintained.”

“I would also like to congratulate Pete Fortier, MountainOne’s Facilities Officer who served as the project manager of this complex project, for his oversight,” added Fraser.

Combined with the extensive build out and renovations at its Insurance and Investments offices at 85 Main Street completed in 2019, MountainOne has invested over $2.5 million in downtown North Adams improvements in recent years.

About MountainOne

MountainOne is a mutual holding company headquartered in North Adams, MA. Founded in 1848, MountainOne Bank provides a complete array of personal and business banking and electronic services. MountainOne Bank is Member FDIC and Member DIF. MountainOne Insurance provides personal and business insurance, bonding services, and group benefits solutions. The financial advisors of MountainOne Investments offer securities and advisory services to individuals and businesses through Commonwealth Financial Network®, Member FINRA/SIPC, a Registered Investment Adviser. Fixed insurance products and services offered through CES Insurance Agency or MountainOne Investments. MountainOne Bank is not a registered broker-dealer or Registered Investment Adviser. MountainOne Bank and MountainOne Insurance are not affiliated with Commonwealth. Products and services are offered at full-service offices in the Berkshires (Pittsfield, North Adams, Williamstown) and on Boston’s South Shore (Quincy, Rockland, Scituate). MountainOne Investments’ main office is located at 85 Main Street, Suite 100, North Adams, MA 01247. (413) 664-4025

Insurance and Investments are not insured by the FDIC and are not deposits or other obligations of, or guaranteed by, any depository institution. Funds are subject to investment risks, including possible loss of principal investment.