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PeoplesBank

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PeoplesBank
Company typeMutual Holding Company
IndustryFinancial Services
Founded1885 as Peoples Savings Bank
2003 as PeoplesBank
HeadquartersHolyoke, Massachusetts
Number of locations
17 Branch Offices
Area served
Western Massachusetts
Key people
Thomas W. Senecal, President and CEO
Total assetsIncrease US$1,998 million (2015)
Number of employees
270+
Websitewww.bankatpeoples.com

PeoplesBank is the largest community bank in Western Massachusetts providing banking and other financial services. As of 2015 it had just under $2 billion in assets.[1]

History

Early 20th century ad for Peoples Savings Bank

PeoplesBank is a branch bank founded in 1885 as Peoples Savings Bank. It was headquartered in Holyoke, Massachusetts with an additional office in Springfield, Massachusetts. It changed its name to PeoplesBank in October 2003 and operates as a subsidiary of PeoplesBancorp, MHC (Holyoke, MA). It operates 19 branches in Massachusetts.[2]

References

  1. ^ "PeoplesBank - About PeoplesBank". www.bankatpeoples.com. Retrieved 2016-07-22.
  2. ^ "PeoplesBank strengthens mutual structure as new CEO takes office". MassLive. May 29, 2013.