Peoples Bank Announces Technology Leadership Promotions

Peoples Bank is pleased to announce the promotions of Andy Puntch and Bill Walton to Senior Vice President roles, underscoring the Bank’s commitment to advancing its technological capabilities and maintaining its position as a trusted provider of financial solutions.
Andy Puntch
Andy Puntch


Bill Walton
Bill Walton

Puntch has been promoted to SVP, Director of Information Systems. He began his career in Peoples Bank’s management training program in 1997, before progressing through various roles including Business Support Analyst and Director of Application Development. With a keen eye for process improvement and a strong background in systems analysis, Puntch will oversee areas that administer and support information systems. His leadership will focus on driving business process automation, operational efficiency, and advancing data governance, including the strategic integration of artificial intelligence.

Puntch earned a Bachelor of Science in Business Administration from Appalachian State University. Outside of work, he enjoys outdoor activities and gaming with friends. Puntch is also the proud father of three sons, whose endeavors keep him actively involved and inspired.

Walton, promoted to SVP, Director of Technology, joined Peoples Bank in 2017, bringing more than 25 years of experience in the technology sector. Throughout his tenure, he has played a pivotal role in managing the Technical Service Unit and facilitating optimal performance of the Bank's networks and systems. His new responsibilities include overseeing technical system planning while enhancing the organization’s cybersecurity posture to mitigate risks and support long-term strategic goals.

Walton earned a Bachelor of Arts degree in Information Systems and MBA from Lenoir Rhyne University. As a Certified Banking Cybersecurity Manager, Walton's expertise and dedication help to ensure the Bank remains well-positioned to address today's complex security challenges. In his free time, he enjoys woodworking, programming, and spending time with family.

“As technology continues to rapidly advance, we need leadership that will push us to thoughtfully adapt and expand our services while providing a better and safer customer and employee experience,” said Peoples Bank CEO Bill Cable. “Andy and Bill’s contributions will be vital in shaping the Bank’s future and strengthening our mission to deliver dependable and innovative financial solutions.”

About Peoples Bank

Peoples Bank, the wholly-owned subsidiary of Peoples Bancorp of North Carolina, Inc., operates 16 banking offices in North Carolina, with locations 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.