PeoplesBank Sets New Record for Charitable Contributions in 2021

Donation total of $1,315,000 also represents the third year in a row of contributions above $1.3 million

With a focus on food insecurity, housing, and literacy, PeoplesBank has announced a record level of charitable contributions, with donations reaching $1,315,000 over the past year with a total of close to $11 million donated since 2011. The bank has doubled its donations in the last five years.

“It is a big part of who we are as an organization, our employees, and how they volunteer in the community,” states Tom Senecal, President and CEO of PeoplesBank [VIDEO]. “I see 2022 as a tremendous opportunity for us to give back and be committed to the communities that we serve.”

PeoplesBank’s associates donate 10,000 volunteer hours per year, and 74 of them have served on 54 nonprofit boards.

“Businesses look for two things with the Chamber of Commerce: what can I get out of the relationship as far as exposure and networking opportunities,” notes Chris Conway, Executive Director, West Hartford Chamber of Commerce [VIDEO]. “PeoplesBank is interested in that, of course, but they also want to know how they can be helpful and contribute. They have certainly done that. I know they've worked with a number of nonprofits and they've worked within their neighborhood and beyond.”

Girls Inc visits PeoplesBank

“I can't think of a way that PeoplesBank has not been there for us,” states Suzanne Parker, Executive Director for Girls Inc. of the Valley [VIDEO]. “We actually had a field trip to the PeoplesBank headquarters and I'll never forget the picture of our girls sitting around that big boardroom table (picture). That was a meaningful, special experience for them that exposed the girls to the world of banking.”

“They get great turnout and participation - from the president of PeoplesBank, Tom Senecal, to all the departments and all of the branches,” explains Colleen Shanley-Loveless, MBA, President and CEO, Revitalize Community Development Corporation [VIDEO]. “We could not do the work we do without the help of PeoplesBank.”

“I can't really point to anything that Square One does that doesn't have PeoplesBank’s stamp on it,” states Kristine Allard, Vice President of Development and Communication at SquareOne [VIDEO]. “They are amazing experts in the field of banking, so they offer their expertise to us in terms of our operational needs. But when it comes to the philanthropic side of things, there's very little that happens at Square One that isn't somehow impacted by PeoplesBank.”

More information on PeoplesBank’s corporate responsibility and how to apply for a donation can be found here.

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 $188 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.

PeoplesBank is a mutual bank and therefore is responsible to our 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. We currently have 20 banking centers located in Massachusetts and Connecticut.

Media Contact
GCAi for PeoplesBank
Mary Cate Mannion, 413.736.2245
[email protected]