Peoples Bancorp Inc. (PEBC)

Overview

Peoples Bancorp Inc., founded in 1902 and headquartered in Marietta, Ohio, stands as the parent company of Peoples Bank. It has carved a niche for itself in the banking industry by offering a wide range of commercial and consumer banking products and services. Over the years, Peoples Bancorp Inc. has expanded its offerings beyond traditional banking solutions to include insurance products, wealth management, and various financial services, thus catering to a broad spectrum of customer needs.

Products and Services

• Banking Products: The company accepts a variety of deposit products such as demand deposit accounts, savings accounts, money market accounts, certificates of deposit, and governmental deposits. This range ensures that both individual and commercial clients have access to suitable options for managing their funds.
• Loans and Credit Facilities: Services include commercial and industrial loans, commercial real estate loans, construction financing, residential real estate loans, consumer indirect and direct loans, as well as home equity lines of credit and overdrafts. These offerings cater to diverse financing needs, from personal loans to business capital.
• Electronic Banking: Providing debit and ATM cards, safe deposit rental facilities, money orders, and cashier's checks are part of Peoples Bancorp's endeavor to offer convenient banking solutions. Additionally, telephone, mobile, and online banking services underscore the company's commitment to digital transformation and customer convenience.
• Insurance Products: A broad assortment of life, health, and property and casualty insurance products are offered, alongside third-party insurance administration services. This diversifies Peoples Bancorp’s portfolio beyond traditional banking, providing valuable protection options for customers.
• Financial Services: These include interactive teller machines, insurance premium financing, check deposit and alert notification services, commercial and technology equipment leasing, fiduciary and trust services, and underwriting, origination, and servicing of equipment leases and financing agreements. Such services are designed to meet the intricate financial operations of its clients.
• Asset Management: The company extends asset management and administration services, along with employee benefit, retirement, and healthcare plan administration services. This demonstrates Peoples Bancorp’s capabilities in handling complex financial assets and ensuring their clients' financial well-being.
• Brokerage and Payment Processing Services: Offering brokerage services through unaffiliated registered broker-dealers, Peoples Bancorp facilitates a range of investment options. Additionally, insurance premium finance lending and leasing, credit cards for individuals and businesses, as well as merchant credit card transaction processing and person-to-person payment processing services reflect the company’s versatile financial solutions.