Company Information

Get to know Berkshire Credit Union

Founded in 1957, Berkshire Credit Union was a community-focused financial institution headquartered in Pittsfield, Massachusetts. As a member-owned cooperative, its mission was to provide affordable financial services, including savings and checking accounts, loans, and mortgages, to individuals and families living or working in Berkshire County. In 2011, after a member vote, Berkshire Credit Union merged with and was acquired by Berkshire Bank, ceasing its operations as an independent entity and transferring its members and assets.

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Financial BankingPRIMARY
Financial Other Service

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Berkshire Credit Union

United Kingdom

Founded in

2007 (19 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

(73 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.