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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K
                                 CURRENT REPORT


     PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
         Date of Report (Date of earliest event reported) June 24, 2003
                                                          -------------


                          BERKSHIRE HILLS BANCORP, INC.
                          -----------------------------
             (Exact name of registrant as specified in its charter)

      Delaware                      1-15781                 04-3510455
      --------                      ---------               ----------
(State or other jurisdiction of    (Commission             (IRS Employer
       incorporation)              File Number)            Identification No.)

                24 North Street, Pittsfield, Massachusetts 01201
                ------------------------------------------------
                    (Address of principal executive offices)

                                 (413) 443-5601
                                 --------------
              (Registrant's telephone number, including area code)

                                 Not Applicable
                                 --------------
          (Former name or former address, if changed since last report)







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ITEM 7.   FINANCIAL STATEMENTS AND OTHER EXHIBITS
          ---------------------------------------

      Exhibit 99.1      Press Release Dated June 24, 2003

ITEM 9.   REGULATION FD DISCLOSURE
          ------------------------

      On June 24, 2003,  Berkshire  Hills  Bancorp,  Inc. (the  "Company"),  the
holding company for Berkshire  Bank,  announced that it had reached a settlement
agreement with the  Massachusetts  Department of Revenue with respect taxes owed
on  dividends  received  from  Berkshire  Bank's  real estate  investment  trust
subsidiary.

      The press release announcing the settlement of the tax assessment is filed
as Exhibit 99.1 and incorporated herein by reference.





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                                   SIGNATURES

      Pursuant to the  requirements of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.


                                       BERKSHIRE HILLS BANCORP, INC.



Dated: June 24, 2003                   By: /s/ Michael P. Daly
                                           -------------------------------------
                                           Michael P. Daly
                                           President and Chief Executive Officer