Our Story
Discover the values and vision behind Peoples Bank, from humble beginnings to a trusted financial partner.
Your Community Bank
Peoples Bank is the leading locally-owned and operated community bank meeting the financial needs of businesses and families in Whatcom, Skagit, Island, Snohomish, King, Chelan, and Douglas Counties. The Bank is closely held and operates three principal business units: business banking, retail banking and home lending. Our 23 branches provide customers with added convenience and the bank with a reliable source of core funding. At Peoples Bank, we’re actively engaged in strengthening, energizing, and supporting our communities.
A Higher Level Of Service
Delivering on our promise of service starts and ends with people. We are a proud member of the communities we serve.
Our History
The story of Peoples Bank is deeply rooted in the local community. Founded in 1921 in Lynden, Washington, our institution emerged from the collective vision of townspeople seeking a competitive choice to meet their banking needs.
As we did over 100 years ago, we operate from a “People First” philosophy. Our unwavering commitment to our employees, customers, and local communities is what makes Peoples Bank a true community bank and distinguishes us from other banks in the area.
Central to our identity are the core values established by Peoples Bank President Irwin LeCocq Sr. in 1938. Honesty, integrity, respect, and commitment are the foundation of how we conduct business and foster growth. These core values have endured across three generations of the LeCocq family, with grandson Charles LeCocq now at the helm as Chairman of the Board and CEO.
Today, Peoples Bank has assets of over $2.4 billion and 23 branches across Washington, offering a full relationship banking experience. Delivering on our promise of “A Higher Level of Service” always starts and ends with people. We are a proud member of the local communities in which we operate, and we are honored to serve your banking needs.
Giving Back
We actively collaborate with various non-profit organizations within our markets, prioritizing support for causes that resonate with our employees’ personal commitments and passions. By fostering these connections, we aim to make a meaningful impact on the communities we serve. Every year, Peoples Bank gives to:
- The Arts
- Health & Social Services
- Child & Family Services
- Civic Organizations
- Education
- Housing
Bank Leadership
Our leadership team is dedicated to providing our employees, customers, and community members with A Higher Level of Service. Each member provides years of unique experience in their business lines and together they work to uphold the Bank’s core values of honesty, integrity, respect, and commitment, and to deliver upon our mission of being the best community bank in the Pacific Northwest.
Strong Numbers
For over 100 years, Peoples Bank has provided Pacific Northwest communities with safe, sound, and local financial solutions. We remain focused on long-term stability instead of short-term profits and minimize risk by maintaining a diversified portfolio while meeting the credit needs of our community. In their most recent ratings, Bauer Financial awarded Peoples Bank a superior rating of five stars. Our strong numbers are more than a commitment to financial performance, they’re a commitment to remaining safe and sound for generations to come.
Peoples Bank is a proud member of the FDIC.
Equal Housing Lender