News - 04/21/2017

News

PeoplesBank Issues Annual Corporate Green Report

More than $65,000 in support announced for Mobile Farmers Markets, Center for Eco Technology, Grow Food Northampton, and more as green energy financing tops $126 million.

 

HOLYOKE, MA (April 21, 2017) – PeoplesBank has issued its annual Corporate Green Report on the eve of Earth Day 2017. Through its green values and actions to support environmental sustainability, PeoplesBank believes that it can help make the region a healthier place to live, work, and raise a family. The bank puts these values to work throughout the year through its charitable donations and volunteerism. PeoplesBank is also recognized for its support of green energy projects and its construction of LEED® certified offices, neither of which efforts are traditional for a community bank.

For Earth Day 2017, PeoplesBank highlighted more than $65,000 in funding for green initiatives in Western Massachusetts. Those initiatives include support for:

  • an existing mobile farmers market in Springfield and the launch of a new one in Holyoke;
  • the CISA (Community Involved in Sustaining Agriculture) Food for All campaign;
  • the Center for EcoTechnology;
  • Grow Food Northampton’s community garden;
  • the Source to Sea Cleanup of the Connecticut River (support of this effort will also include hands-on participation by a team of volunteers from the bank);
  • Mount Holyoke Wetlands Restoration project;
  • and scientific environmental education at the Hitchcock Center for the Environment.

PeoplesBank Issues Annual Corporate Green Report - Click for larger imagePeoplesBank is also a longtime leader in sustainable energy financing. “PeoplesBank started financing sustainable energy several years ago when we helped Holyoke Gas & Electric replace hydroelectric generators,” stated Thomas Senecal, President and CEO of PeoplesBank. “That sustainable energy source actually provides electric power for four of our offices, including our headquarters in Holyoke.” Building on that successful effort, PeoplesBank commercial lenders developed a niche expertise in creating financing packages for green energy power generation and, to date, have financed more than $126 million in wind, solar, and hydroelectric power generation projects.

Community banks are not generally known for building green offices, But PeoplesBank has a LEED Gold-certified office in Northampton, a LEED Gold-certified office in West Springfield, and a LEED Silver-certified office in Springfield. The LEED-certified office in Springfield, the first of its kind in the city, won a GreenSeal from the city of Springfield. PeoplesBank has also installed electric vehicle (EV) charging stations at three offices, in Northampton, West Springfield and Holyoke 330 Whitney Ave.

In celebration of Earth Day, PeoplesBank will give away tomato plants and garden seeds to the public on Friday, April 21 from 11:00 a.m. to 1:00 p.m. at several of its locations: bit.ly/earth-day17. PeoplesBank is also holding an e-recycling event on Saturday, April 29 from 1:30 p.m. to 4:00 p.m. at their Northampton office, 300 King Street.

 

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 $126 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 boards of directors and committees of 115 nonprofit organizations in the area.

As a mutual bank, PeoplesBank is responsible to its depositors, employees, and the community. This organizational structure allows us to focus on the long-term viability of the bank and the best interests of our customers.

PeoplesBank – a passion for what is possiblesm

 

Media Contact
GCAi for PeoplesBank
Darcy Fortune,413.736.2245
dfortune@GCAionline.com

 

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