For a second year in a row, PeoplesBank set a new annual record for donations to civic and charitable causes. The bank tallied $2.3 million for in donations for 2022, which is $1 million dollars more than last year’s record. Since 2011, the bank has donated well over $13 million to area causes.
“Supporting the community is essentially what we were set up to do,” explains Tom Senecal, President and CEO of PeoplesBank. “We are a mutual bank, chartered to serve our customers and the communities they live in. As a mutual bank, we do not have stockholders who would divert profits. Therefore, we are able to significantly support nonprofits and other community causes.”
Mr. Senecal added that, as a large regional employer whose values include community service, PeoplesBank is able to increase its support to the community and social service organizations through volunteerism. “We have a lot of talent in our organization and because of that we have a significant presence on area nonprofit boards of directors. We also look for opportunities to roll up our sleeves and serve, and we spend thousands of hours each year doing that.”
“I can’t really point to anything Square One does that doesn’t have PeoplesBank’s stamp on it,” added Kris Allard, Vice President of Development and Communications at Square One, which provides opportunities for children and families to build the foundation for lifelong learning, to make smart choices, and to grow strong cognitively, emotionally, socially and physically.” [VIDEO]
Suzanne Parker, Executive Director of Girls Inc. of the Valley, feels similarly, “Over 15 years I can’t think of a way that PeoplesBank has not been there for us.” Her organization provides critical after-school and summer programs for girls 5-18 years old. [VIDEO]
Collen Loveless, President and CEO of Revitalize CDC, underscored the bank’s volunteerism and impact: “PeoplesBank has been a tremendous sponsor over the course of these many years. They are the first to get a wheel barrel, and get paint brushes.” Revitalize CDC performs critical repairs, modifications and rehabilitation on the homes and nonprofit facilities of low-income families with children, the elderly, military veterans and people with special needs. [VIDEO]
More information on PeoplesBank Corporate Responsibility and how to apply for a donation can be found at bankatpeoples.com/support.