Peoples Financial Services (NASDAQ:PFIS) Corporation is a bank holding company whose primary subsidiary, PeoplesBank, provides a full range of commercial and retail banking services. Headquartered in Holyoke, Massachusetts, the company operates a network of community banking offices across western Massachusetts and northern Connecticut. Its core business activities include accepting various deposit products, offering commercial and consumer lending solutions, and providing cash management and treasury services tailored to local businesses and individuals.
Founded in the late 19th century, PeoplesBank has grown steadily through both organic expansion and strategic acquisitions of community banks. Over the years, the company has broadened its footprint to serve diverse markets in the Pioneer Valley region and the surrounding areas. This regional focus has enabled Peoples Financial Services to build deep relationships with small and mid-sized enterprises, non-profit organizations, and individual consumers who value personalized service backed by local decision-making authority.
PeoplesBank offers a suite of financial products and services that spans commercial real estate loans, commercial and industrial financing, residential mortgages, home equity lines of credit, and consumer installment loans. The institution also provides comprehensive treasury management solutions—such as automated clearing house (ACH) services, remote deposit capture, and merchant services—as well as trust and wealth management through its fiduciary and investment advisory teams. These offerings are supported by digital banking platforms, mobile banking applications, and a network of ATMs serving the company’s geographic markets.
The company’s governance structure features a board of directors drawn from the region it serves and an executive leadership team responsible for guiding strategic growth and maintaining strong risk management practices. Led by an experienced President and Chief Executive Officer, Peoples Financial Services emphasizes community engagement, prudent credit underwriting, and customer-focused innovation. This commitment to local markets and long-term stability underpins its mission to be the financial partner of choice for clients throughout western Massachusetts and northern Connecticut.
