The Boston Business Journal has named both PeoplesBank and Cornerstone Bank to its annual list of the most charitable companies in Massachusetts, recognizing the two mutual banks — both part of PeoplesBancorp, MHC — among the Commonwealth’s leading corporate philanthropists.
Aleda DeMaria, Executive Vice President and Chief Operating Officer, has been named to American Banker’s 2026 list of the Most Innovative People in Finance. The recognition honors DeMaria for leading the largest technology transformation in the bank’s history, replacing a decades-old core system with a modern, cloud-native banking platform.
MACK V Development, through its subsidiary Estero Holding Company, will break ground on The Shoppes at Cottage Grove, a new retail and professional center at 529 Cottage Grove Road in Bloomfield, on Friday, May 22, 2026. The 15,359-square-foot development will be anchored by PeoplesBank and Sherwin-Williams.
PeoplesBank is making a long-term bet on Connecticut, underscored by its expanding branch network and a high-profile investment in downtown Hartford. Learn more about our thriving growth in this Hartford Business Journal article.
The bank's contributions climbed 12.5%, and associates donated close to 10,000 volunteer hours to area charities last year.
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