News - 11/16/2015

News

Another 130th Anniversary Present: PeoplesBank Named A “Top Place To Work” For The Fourth Consecutive Year

The core values established in 1885 remain the foundation for the bank’s success today.


PeoplesBank associates volunteer an average of 6,000 hours per year and through the bank’s Community Care Program have donated more than $6.5 million to charitable and civic causes in recent years.
PeoplesBank associates volunteer an average of 6,000
hours per year and through the bank’s
Community Care Program have donated more than
$6.5 million to charitable and civic causes in recent years.

HOLYOKE, MA (November 16, 2015) – Currently celebrating its 130th anniversary, PeoplesBank has another reason to be proud — The Boston Globe has named the bank a “Top Place to Work” for the fourth year in a row.

“It is a remarkable thing to make it to a 130th anniversary, and it is also remarkable to be named a Boston Globe Top Place to Work,” Douglas A. Bowen, President and CEO of PeoplesBank, proudly states. “Yet those two seemingly unrelated occurrences are actually directly related.”

Mr. Bowen explained that the bank’s first president, William Skinner, established the values that have helped PeoplesBank thrive today. “Mr. Skinner, a successful industrialist, cared for his employees and the community. He grew up in abject poverty in England, where banks served the privileged class. Therefore, his role in forming our bank as a mutual bank was not accidental. As Skinner knew, a mutual bank was a pathway to financial stability for ordinary people.”


Associates Mary Meehan and Karen Buell described their long-term mentoring relationship and the benefits it has provided to both of them at the Bay Path University Women’s Leadership Conference. PeoplesBank has an extensive mentoring program that starts during the first days of employment with the pairing of each new associate with a buddy.
Associates Mary Meehan and Karen Buell described
their long-term mentoring relationship and the
benefits it has provided to both of them at the
Bay Path University Women’s Leadership Conference.
PeoplesBank has an extensive mentoring program
that starts during the first days of employment with
the pairing of each new associate with a buddy.

Like Mr. Skinner, PeoplesBank also cares for its associates. The bank’s High Performance Culture is a national model, with Executive Vice President and Chief Human Resources Officer Janice Mazzallo regularly presenting on its programs and strategies at conferences around the country. The mentoring programs at PeoplesBank were also highlighted at a recent Women’s Conference held at Bay Path University. With an emphasis on employee engagement, life/work balance, healthy lifestyles, professional development, and volunteerism, PeoplesBank has not only fostered a great place to work but a well-performing organization as well.

“We recognize that sustaining the culture is critical to our success,” noted Ms. Mazzallo. “So each year we share the results of our engagement survey in great detail by department and set goals to continue to make year-over-year improvements.”




 About: PeoplesBank is a leader in innovation, corporate responsibility, environmental sustainability, and employee engagement. Our three LEED® certified offices are environmentally friendly and we have financed more than $80 million in wind, hydroelectric and solar energy projects.

As the largest community bank in the market, we have a unique ability to help the communities we serve through volunteer efforts and millions of dollars in donations to charitable and civic causes. Our associates devote an average of 6,000 hours to volunteer work each year and 48 of the bank’s officers serve on the board of directors and committees of 115 area nonprofit organizations.

PeoplesBank – a passion for what is possiblesm

 

Media Contact
GCAi for PeoplesBank
Darcy Fortune, 413-736-2245
dfortune@GCAionline.com

 

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