Peoples Bancorp elected Hugh Donlon to the position of executive vice president of community banking and Matthew Macia to the position of executive vice president and chief risk officer. Both positions are with Peoples Bancorp and its banking subsidiary, Peoples Bank.
Chuck Sulerzyski of Peoples Bancorp will retire as president and CEO of Peoples Bancorp and its banking subsidiary, Peoples Bank, effective March 31, 2024. Tyler Wilcox will become the next president and CEO of Peoples Bancorp and Peoples Bank.
Christopher Neros joined First Fed Bank’s executive team as executive vice president and chief lending officer. Neros previously held lending and leadership roles for more than 15 years at Peoples Bank in Bellingham, WA.
Peoples Bank entered into a definitive agreement to acquire Vantage Financial, a provider of equipment financing headquartered in Excelsior, MN. Peoples Bank will purchase 100% of the equity of Vantage Financial for total cash consideration of $54 million.
Peoples Bancorp, parent company of Peoples Bank, completed its acquisition of Premier Financial Bancorp and Premier’s wholly-owned subsidiaries, Premier Bank and Citizens Deposit Bank & Trust. The acquisition became effective as of the close of business on Sept. 17.
Peoples Bancorp, the parent company of Peoples Bank, received all necessary regulatory approvals for the merger between Peoples and Premier Financial Bancorp and for the mergers between Peoples Bank and Premier’s wholly-owned subsidiary banks.
Peoples Bancorp, parent company of Peoples Bank, has completed its acquisition of First Prestonsburg Bancshares and First Commonwealth Bank of Prestonsburg.
Peoples Bancorp and First Prestonsburg Bancshares signed a definitive agreement and plan of merger. Under the terms of the agreement, First Prestonsburg and its subsidiary, First Commonwealth Bank of Prestonsburg, will merge with and into Peoples in a transaction valued at approximately $45.4 million.
Peoples Bancorp, parent company of Peoples Bank, completed its previously announced acquisition of ASB Financial and its subsidiary, American Savings Bank.
Peoples Bancorp elected Terry T. Sweet to its board of directors. Sweet is a former partner at KPMG.