PeoplesBank

Source: Wikipedia, the free encyclopedia.
PeoplesBank
Total assetsIncrease US$3,580 million (2021)[1]
Number of employees
299[1]
Websitewww.bankatpeoples.com

PeoplesBank is the largest community bank in Western Massachusetts, providing banking and other financial services. As of 2020 it had $3.3 billion in assets.[1]

History

Early 20th century ad for Peoples Savings Bank

PeoplesBank is a

Brutalist commercial block at the corners of High and Suffolk Streets as part of a city revitalization campaign, where it maintains a branch today.[5]

The former Yankee Pedlar Inn in Holyoke, renovated as a branch in 2019.

By October 2003, it formally changed its name to PeoplesBank, and operates as a subsidiary of PeoplesBancorp, MHC (Holyoke, MA), out of headquarters by the

Holyoke Mall at 330 Whitney Avenue, formerly the offices of Community Savings Bank.[6]

References

  1. ^ a b c "PeoplesBank Financial Report". iBanknet. Retrieved 17 March 2021.
  2. ^ Thirtieth Annual Report of the Board of Commissioners of Savings Banks. Vol. Part 1. Boston: Wright & Potter Printing Company, State Printers. 1906. p. 508.
  3. ^ Phaneuf, Wayne E (September 7, 2019). "Memories of the Hildreth House and Yankee Pedlar live on w banking center". The Republican. Springfield, Mass. pp. S4, S6.
  4. ^ Carvalho III, Joseph (September 7, 2019). "Silk Manufacturer William Skinner PeoplesBank's First President". The Republican. Springfield, Mass. p. S7.
  5. ^ Perkins, Robert (January 27, 1974). "Can Core City Be Revitalized?". Springfield Union. Springfield, Mass. p. BR-19.
  6. ^ Jabri, Marwan (October 17, 1987). "Community Savings breaks ground for new headquarters". Springfield Union-News. Springfield, Mass. p. 6.