Welcome to our dedicated page for Peoples Bancorp news (Ticker: PEBC), a resource for investors and traders seeking the latest updates and insights on Peoples Bancorp stock.
Peoples Bancorp (PEBC) delivers community-focused banking services through its century-old subsidiary Peoples Bank, serving local markets with deposit services, loan solutions, and insurance products. This news hub provides investors and stakeholders with timely updates on strategic developments and financial performance.
Access all official press releases and third-party coverage in one centralized location. Track material events including quarterly earnings, leadership changes, regulatory filings, and partnership announcements. Our curated feed ensures you never miss critical updates about PEBC's community banking operations and market expansion efforts.
Key coverage areas include commercial loan portfolio updates, deposit growth metrics, insurance subsidiary developments, and geographic expansion strategies. Content is verified for accuracy and updated continuously to reflect the latest corporate disclosures.
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Hanscom Federal Credit Union (HFCU) and Peoples Bancorp (OTCPK: PEBC) have announced a definitive purchase and assumption agreement where HFCU will acquire the majority of The Peoples Bank's assets and liabilities in an all-cash transaction. Following the acquisition, HFCU will have total assets of approximately $2.1 billion, serve over 115,000 members, and operate 23 branches across Massachusetts, Maryland, and Virginia.
The transaction, expected to close in the second half of 2025, marks HFCU's entry into Maryland and includes the acquisition of Peoples Bank's insurance agency subsidiary, Fleetwood Insurance Group. Post-closing, Peoples Bank branches will continue operating under the same name and brand. HFCU plans to retain all Peoples Bank employees and increase community giving and philanthropy initiatives in the region.
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