PeoplesBancorp, MHC and First Suffield Financial, Inc. Sign Merger Agreement for PeoplesBank to Acquire The First National Bank of Suffield

PeoplesBancorp, MHC, the parent company of PeoplesBank, both of Holyoke, Massachusetts, and First Suffield Financial, Inc., the parent company of The First National Bank of Suffield, both of Suffield, Connecticut, today jointly announced that they have entered into a definitive merger agreement for PeoplesBancorp to acquire First Suffield Financial and PeoplesBank to acquire The First National Bank of Suffield. The parties anticipate the transaction will close in the fourth quarter of 2018 or the first quarter of 2019.

Notice to PeoplesBank Customers

PeoplesBank Issues 2018 Corporate Green Report

Over the past year, the bank won a sustainable business award; maintained $65,000 in support of Mobile Farmers Markets, the Center for Eco Technology, and Grow Food Northampton; and increased its financing of green energy by $40 million.