Peoples Bancorp of North Carolina Inc.
People Bancorp of North Carolina Inc. is the holding company for Peoples Bank, a hometown community bank based in Newton, N.C. Peoples Bank, a state-chartered commercial bank with 21 banking offices, provides commercial and retail banking services to corporate clients and individuals. The bank's Hispanic banking model is Banco de la Gente; it has four retail branches.
The bank received $25.1 million as part of the U.S. Treasury's Troubled Asset Relief Program's Capital Purchase Program.