Peoples Bancorp released its 2024 Corporate Sustainability Report, detailing its commitment to environmental, social, and governance (ESG) matters. In 2024, Peoples Bank and the Peoples Bank Foundation collectively contributed over $2 million in sponsorships and donations to various charitable causes. This included over $700,000 in grants and scholarships and a pledged $250,000 to Memorial Health System for a new Women and Children's Hospital.
The report highlighted significant community engagement, with associates donating approximately $700,000 to local food banks since 2020 through the 'Jeans for Hunger' program. Peoples Bancorp also received recognition as one of the 'Best Banks to Work For' by American Banker for the fourth consecutive year, underscoring its commitment to employee well-being and a positive workplace culture.
Client-focused initiatives in 2024 included making 461 small business loans totaling $60.9 million. The company was recognized by Newsweek as one of America's Best Regional Banks 2024 and finished in the top 15% in SBA 7(a) approved loans for fiscal year 2024, demonstrating its impact on local economies and small businesses.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.