Peoples Bank Opens Full Service Office in Cary, NC

Officials of Peoples Bancorp of North Carolina are pleased to announce the opening of a new Peoples Bank full service branch office in Cary, North Carolina. The new branch opened for business inside of the Parkside Town Commons development on October 27, 2018.

Peoples Bank is prepared and eager to promote this growing market area with a focus on becoming a trusted financial partner for local small businesses and consumers in the area. The Cary branch will offer a full array of consumer and business banking products and services, including residential mortgages, commercial lending, and a 24/7 ATM machine.

“Peoples Bank remains focused on making an impact on the lives of our communities, and the timing is right for expansion and additional support in our Raleigh market area” says Lance Sellers, President and CEO. “We’re committed to providing the same exceptional service in this market that we do in all of our current office locations, and we’re confident that the Cary community will find exceptional value in what Peoples Bank can offer them as a committed community bank.” A formal grand opening event will be scheduled for early 2019.

To provide additional support to the local community, Peoples Bank has partnered with Read and Feed as a book drive sponsor throughout the remainder of the 2018 year. Read and Feed is a non-profit organization operating throughout the Raleigh and Cary area with a mission to strengthen literacy skills of under-served elementary school children. The program provides children with books of their own as well as meals in neighborhood environments, distributing over 33,000 books annually to their children participants.

Including this new office, Peoples Bank currently has 19 full service offices, 2 loan production offices, 2 administrative offices and one ancillary office located in Abernethy Laurels in Newton, NC. Peoples Bank offices are located entirely in North Carolina, with offices in Catawba, Alexander, Durham, Lincoln, Mecklenburg, Iredell, and Wake Counties. The Company’s common stock is publicly traded and is quoted on the Nasdaq Global Market under the symbol “PEBK.”

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