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]
PeoplesBank
PeoplesBank corporate offices in Holyoke, Massachusetts
PeoplesBank is a branch bank incorporated on March 19, 1885 as Peoples Savings Bank. Its first president was William Skinner of William Skinner and Sons Silk, who would serve as the bank's president from its founding until 1901, a year before his passing. A number of prominent figures in Holyoke's founding would work for the bank, including architect George P. B. Alderman, who sat on its board, and Judge John Hildreth, as a clerk, whose Oakdale estate, the Yankee Pedlar, was reopened as a branch of the bank in 2019.[2][3][4] It was first headquartered in Downtown Holyoke, Massachusetts with an additional office in Springfield, Massachusetts. In 1974, the bank would expand its headquarters with a large 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
^ abc"PeoplesBank Financial Report". iBanknet. Retrieved 17 March 2021.
^Thirtieth Annual Report of the Board of Commissioners of Savings Banks. Vol. Part 1. Boston: Wright & Potter Printing Company, State Printers. 1906. p. 508.
^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.
^Carvalho III, Joseph (September 7, 2019). "Silk Manufacturer William Skinner PeoplesBank's First President". The Republican. Springfield, Mass. p. S7.
^Perkins, Robert (January 27, 1974). "Can Core City Be Revitalized?". Springfield Union. Springfield, Mass. p. BR-19.
^Jabri, Marwan (October 17, 1987). "Community Savings breaks ground for new headquarters". Springfield Union-News. Springfield, Mass. p. 6.
January 23, 2023
peoplesbank, this, article, about, bank, massachusetts, other, similarly, named, banks, people, bank, disambiguation, this, article, relies, excessively, references, primary, sources, please, improve, this, article, adding, secondary, tertiary, sources, find, . This article is about the bank in Massachusetts For other similarly named banks see People s Bank disambiguation This article relies excessively on references to primary sources Please improve this article by adding secondary or tertiary sources Find sources PeoplesBank news newspapers books scholar JSTOR July 2016 Learn how and when to remove this template message 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 PeoplesBankPeoplesBank corporate offices in Holyoke MassachusettsTypeMutual Holding CompanyIndustryFinancial servicesFounded1885 as Peoples Savings Bank 2003 as PeoplesBankHeadquartersHolyoke MassachusettsNumber of locations21 branch officesArea servedWestern MassachusettsKey peopleThomas W Senecal President and CEOTotal assetsUS 3 580 million 2021 1 Number of employees299 1 Websitewww wbr bankatpeoples wbr comHistory Edit Early 20th century ad for Peoples Savings Bank PeoplesBank is a branch bank incorporated on March 19 1885 as Peoples Savings Bank Its first president was William Skinner of William Skinner and Sons Silk who would serve as the bank s president from its founding until 1901 a year before his passing A number of prominent figures in Holyoke s founding would work for the bank including architect George P B Alderman who sat on its board and Judge John Hildreth as a clerk whose Oakdale estate the Yankee Pedlar was reopened as a branch of the bank in 2019 2 3 4 It was first headquartered in Downtown Holyoke Massachusetts with an additional office in Springfield Massachusetts In 1974 the bank would expand its headquarters with a large 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 Edit a b c PeoplesBank Financial Report iBanknet Retrieved 17 March 2021 Thirtieth Annual Report of the Board of Commissioners of Savings Banks Vol Part 1 Boston Wright amp Potter Printing Company State Printers 1906 p 508 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 Carvalho III Joseph September 7 2019 Silk Manufacturer William Skinner PeoplesBank s First President The Republican Springfield Mass p S7 Perkins Robert January 27 1974 Can Core City Be Revitalized Springfield Union Springfield Mass p BR 19 Jabri Marwan October 17 1987 Community Savings breaks ground for new headquarters Springfield Union News Springfield Mass p 6 Retrieved from https en wikipedia org w index php title PeoplesBank amp oldid 1083567363, wikipedia, wiki, book, books, library,
