About Us
About Peoples Bank
Headquartered in Marietta, Ohio since 1902 with 119 full-service bank branches in Ohio, West Virginia, Kentucky, Virginia, Washington D.C. and Maryland.
Our vision is to be the Best Community Bank in America.
Our motto is Working Together. Building Success.
Making an impact in our local communities is a big part of what makes Peoples Bank different.
Peoples Bank is one of only sixteen banks nationwide to be recognized by Forbes in 2021 as a Best-In-State Bank in more than one state.
Peoples Bank was recognized by American Banker in 2021 as a Best Bank to Work For and received a 2022 Top Workplaces USA national award.
Diversified holding company with
$7.2 billion
in total assets as of Mar 2022
Peoples Bank Foundation donations
$5.8 million
since 2003
Number of bank branches
119
in OH, WV, KY, VA, DC and MD
Est. 1902
120
years in business
Number of associates
1,300+
Nasdaq symbol
PEBO
Peoples Bancorp Environmental, Social and Governance ("ESG") Responsibility
Our ESG areas of focus are organized around our associates, our communities, our clients, and our shareholders.
Associates have contributed over
$250,000
out of their own pockets to local food banks since April 2020
The Peoples Bank Foundation contributed over
$600,000
in donations to charitable causes in 2021
Peoples Bank has a CRA rating of
"Outstanding"
for meeting the credit needs of our communities
Board of Directors is
43%
diverse in terms of gender or race/ethnicity
OUR CORE VALUES – THE PEBO PROMISE CIRCLE
Our vision is to be the Best Community Bank in America. As we celebrate our 120th anniversary in 2022, we are commited to conducting our business in a way that ensures we will be around for many more years. Our actions are guided by our core values represented by the PEBO Promise Circle, which embodies how we do business and our never-ending pursuit of creating value for our associates, our communities, our clients, and our shareholders. Being true to these core values in the decisions we make and in our business practices is essential to driving sustainable long-term growth.
The PEBO Promise Circle:
Clients First
Integrity Always
Respect for All
Commitment to Community
Lead the Way
Excellence in Everything
HOW WE SUPPORT OUR ASSOCIATES
We are devoted to fostering the physical and mental well-being of our workforce and are proud to have been recognized by American Banker in 2021 as a Best Bank to Work For and to have received a 2022 Top Workplaces USA national award. We provide a comprehensive and competitive benefits package that supports the health and financial wellness of our people. Some common features offered to our employees include the following:
• Medical, dental and vision benefits for employee, spouse and dependents
• Flexible spending and health savings accounts for both healthcare and dependent care
• Wellness program with incentives for participants who meet certain criteria
• Company-paid life insurance for associates
• Short- and long-term disability insurance
• Paid time off for full-time and part-time associates
• Paid maternity and parental leave
• 401(k) retirement savings program with company matching contributions of up to 6%
• Employee stock purchase program allowing for the purchase of Peoples common shares at a 15% discount
• Student loan pay down program that pays up to $200 per month towards the associate’s student loan
• Tuition assistance program
• Employee family scholarship program for children of our associates
• Employee hardship and disaster relief fund to provide financial support to associates in need
• Employee Assistance Program providing free counseling services
We are also committed to pay equity, and we regularly review our compensation model to ensure fair and inclusive pay practices across our businesses. Some of our recent workforce investment highlights include establishing a path to a company-wide minimum wage of $15 per hour and increasing the company match percentage in our 401(k) plan from 5% to 6% in 2021. We provide educational offerings to colleagues suited for leadership roles within Peoples. In addition, the Peoples Professional Development Associate Program provides a unique opportunity for recent college graduates to immerse themselves in the financial industry and gain valuable real-world experience.
LEARN MORE ABOUT PEBO BENEFITS
Diversity & Inclusion
We are committed to providing equal employment opportunities for training, compensation, transfer, promotion and other aspects of employment for all qualified applicants and employees without regard to sex, race, color, religion, national origin, age, disability, sexual orientation or veteran status. A diverse and inclusive workplace begins with our core value of “Respect for All” – treating all associates and clients with respect. Our goal is to attract, retain and develop a workforce that is diverse in background, knowledge, skill and experience. As of December, 2021, women represented 73% of Peoples’ workforce. We have adopted anti-discrimination, anti-harassment, whistleblower and anti-retaliation policies and annually provide training to our associates in these areas. We also make available to our associates an ethics/whistleblower hotline administered by an independent third party where associates can make confidential and anonymous reports. During 2021, we conducted unconscious bias and diversity training to our hiring managers and supervisors, and we encouraged every one of our team members to engage in collaborative efforts to facilitate the formation of deeper relationships with those around them based on mutual respect and understanding. We regularly conduct associate surveys to stay in tune with the concerns of our associates and to discover what we are doing well and what we need to improve.
HOW WE SUPPORT OUR COMMUNITIES
At Peoples, we continually strive to use our knowledge, talents and resources to improve the quality of life in our communities. We are committed to making a positive and meaningful difference in the neighborhoods where we work and live. Therefore, we measure success not only in financial terms, but also in our ongoing support such as fundraising efforts, educational sponsorship, community development, food drives, and partnerships with local universities. Our charitable giving efforts are separated into two areas: financial contributions and volunteerism, both of equal importance and emphasis within our organization.
Financial Contributions
Peoples and our foundation, Peoples Bank Foundation, Inc., collectively contributed over $1 million in 2021 in sponsorships and donations to charitable causes and organizations within the communities we serve in the areas of economic development, youth and education, human services for low to moderate income individuals, arts and culture and environmental stewardship. Specifically, Peoples and Peoples Bank Foundation contributed over $350,000 and raised $80,000 in matching donations from various business partners to help fight food insecurity in 2021. Since the pandemic began, we are extremely proud that our associates have donated over $230,000 out of their own pockets to local area food banks. And, late in the fourth quarter of 2021, Peoples, Peoples Bank Foundation, our associates and various business partners collectively raised nearly $53,000 to help tornado victims in Kentucky.
Volunteerism
Peoples associates are encouraged to volunteer in their communities. We provide every associate with eight hours of paid time off to use for community service each year. Peoples Bank is proud to be able to support many events and organizations across our footprint including youth sports and education programs, as well as community development organizations. There are Peoples associates with backgrounds in residential lending on affordable housing non-profit boards of directors in Cincinnati and Columbus. And there are Peoples associates serving as treasurers on local food banks and pantries that serve multiple states. Our associates regularly volunteer their time with local United Way organizations and serve on boards of other local non-profit institutions. Supporting our communities is core to our mission, and we will continue to partner with and strengthen our relationships with organizations that share our values.
Environmentally Friendly and Sustainable Business Practices
We strive to operate our business in a sustainable manner and to be good stewards of the environment. With a view to increasing efficiency and reducing waste, we are continuing to digitize manual back office and financial center functions. We also offer digital delivery of banking services and electronic bank statements to reduce the amount of paper used in our business. In addition, we employ recycling collection bins for aluminum, plastic and paper, and we recycle toner cartridges and electronic equipment. We are also in the process of converting the lighting in our facilities to energy efficient LED light bulbs. Going forward, we will continue to focus on reducing paper usage through digitization, waste reduction and energy and resource efficiency in our facilities.