Jody Street Promoted to EVP, Chief Commercial Banking Officer

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Jody Street Promoted to Executive Vice President & Chief Commercial Banking Officer

Jody Street

Mr. Street joined Peoples Bank in 2013 as Vice President, Business Development Officer, bringing a strong focus on relationship building and market development. He was promoted to First Vice President, Area Executive in 2015, where he led market expansion initiatives and enhanced connections with commercial clients. Most recently, he has served as Senior Vice President, Area Executive, managing the commercial banking team with a focus on the Catawba County market. In his new role as Chief Commercial Banking Officer, Mr. Street will continue these responsibilities, while expanding his oversight to include all markets across the bank’s footprint.

“Jody Street’s experience and insight into the needs of our commercial clients make him the ideal leader for this role,” said Peoples Bank President and CEO Bill Cable. “His leadership ensures that we will continue to expand our commercial banking efforts and deliver the exceptional service that has positioned us as a trusted partner in the markets we serve.”

Mr. Street earned a Bachelor’s degree in Economics from the University of North Carolina at Chapel Hill and completed the Stonier Graduate School of Banking and Wharton Executive Leadership Program at University of Pennsylvania.

“I am honored to take on this role and build on our commercial banking success,” said Jody Street. “I look forward to leading our team as they continue to provide personalized service, backed by a deep understanding of our clients' goals, which sets us apart in the industry.”

Mr. Street holds several board positions, including Sipe’s Orchard Home, EveryAge, and Adult Children of Aging Parents (ACAP). Outside his professional endeavors, he enjoys spending time with his wife, Darla, and their adult sons, Kole and Dylan. He is an avid golfer who values time with family and friends.

Peoples Bank, the wholly-owned subsidiary of Peoples Bancorp of North Carolina, Inc., operates 16 banking offices in North Carolina, with offices in Catawba, Alexander, Lincoln, Mecklenburg, Iredell, and Wake Counties. The Bank also operates loan production offices in Lincoln, Mecklenburg, Forsyth, and Rowan Counties. The Company's stock is publicly traded and is quoted on the Nasdaq Global Market under the symbol “PEBK.” For more information, please visit PeoplesBankNC.com or call 877-802-1212.

Peoples Bank is pleased to announce the promotion of Jody Street to Executive Vice President, Chief Commercial Banking Officer. This strategic role reflects the bank’s commitment to supporting the commercial market and ensuring leadership that aligns with business growth across the communities it serves.

Statements made in this press release, other than those concerning historical information, should be considered forward-looking statements pursuant to the safe harbor provisions of the Securities Exchange Act of 1934 and the Private Securities Litigation Act of 1995. These forward-looking statements involve risks and uncertainties and are based on the beliefs and assumptions of management and on the information available to management at the time that this release was prepared. These statements can be identified by the use of words like “expect,” “anticipate,” “estimate,” and “believe,” variations of these words and other similar expressions. Readers should not place undue reliance on forward-looking statements as a number of important factors could cause actual results to differ materially from those in the forward-looking statements. Factors that could cause actual results to differ include, but are not limited to, (1) competition in the markets served by the Bank, (2) changes in the interest rate environment, (3) general national, regional or local economic conditions may be less favorable than expected, resulting in, among other things, a deterioration in credit quality and the possible impairment of collectibility of loans, (4) legislative or regulatory changes, including changes in accounting standards, (5) significant changes in the federal and state legal and regulatory environment and tax laws, (6) the impact of changes in monetary and fiscal policies, laws, rules and regulations and (7) other risks and factors identified in the Company’s other filings with the Securities and Exchange Commission, including but not limited to those described in the Company’s Annual Report on Form 10-K for the year ended December 31, 2023.