Peoplesbank is a bank based in Holyoke, Massachusetts, established in 1885, with $4.6 billion in total assets across 21 branches. By Trust Grade it ranks 67th of 91 banks we track in Massachusetts. Its capital ratio of 8.7% trails most similarly sized banks (18th percentile), versus a Massachusetts median of 10.2%. It was profitable over the most recent period, with a 0.41% return on assets. No consumer complaints against Peoplesbank appear in the CFPB database over our analysis window — common for an institution of this size and a point in its favor.
How Peoplesbank compares to Massachusetts peers
How we graded Peoplesbank
The Trust Grade blends financial strength with complaint history. Full methodology →
- Well-capitalized (8.7% capital ratio)
- Profitable (ROA 0.41%)
- No CFPB complaints on record
Consumer complaints (CFPB)
No CFPB complaints are on file for Peoplesbank over the analysis window. For a smaller institution this is common and counts in its favor.
Branch locations (21)
- 30 Bridge St, Suffield, CT 06078
- 330 Whitney Ave, Holyoke, MA 01040
- 1 Turkey Hills Rd, East Granby, CT 06026
- 468 Newton St, South Hadley, MA 01075
- 783 Williams St, Longmeadow, MA 01106
- 610 Memorial Dr, Chicopee, MA 01020
- 56 Amity St, Amherst, MA 01002
- 201 N Main St, East Longmeadow, MA 01028
- 281 E Main St, Westfield, MA 01085
- 1900 Wilbraham Rd, Springfield, MA 01129
- 1051 Saint James Ave, Springfield, MA 01104
- 547 Memorial Ave, West Springfield, MA 01089
- 300 King St, Northampton, MA 01060
- 255 High St, Holyoke, MA 01040
- 1864 Northampton St, Holyoke, MA 01040
- 450 Center St, Ludlow, MA 01056
- 102 Lasalle Rd, West Hartford, CT 06107
- 25 Cedar Avenue, South Windsor, CT 06074
- 182 West Main Street, Avon, CT 06001
- 2815 Main St, Glastonbury, CT 06033
- 151 Asylum St, Hartford, CT 06103
Are deposits at Peoplesbank insured?
Yes. Peoplesbank is an FDIC-insured bank (FDIC certificate #90213). Deposits are federally insured up to $250,000per depositor, per ownership category — regardless of this institution's Trust Grade. The grade reflects financial strength and complaint history for comparison, not the safety of insured deposits.
Peoplesbank: frequently asked questions
Is Peoplesbank a good bank?
Peoplesbank earns a Bankzia Trust Grade of B (89/100, "Strong"), based on a financial-strength score of 89/100 (it has no CFPB complaints on record). Well-capitalized (8.7% capital ratio); Profitable (ROA 0.41%).
Is Peoplesbank FDIC-insured?
Yes. Peoplesbank is a FDIC-insured bank (FDIC certificate #90213). Deposits are protected up to the standard FDIC limit of $250,000 per depositor, per ownership category.
How big is Peoplesbank?
Peoplesbank holds $4.6 billion in total assets, ranking 67th of 91 banks we track in Massachusetts. It operates 21 branches.
Does Peoplesbank have CFPB complaints?
No CFPB complaints against Peoplesbank appear in our data over the analysis window, which is typical for a bank of this size.
Similar Banks
Financial data from FDIC call reports; complaint data from the CFPB Consumer Complaint Database. Bankzia is an independent resource and is not affiliated with any government agency or financial institution. Figures are for general information, not financial advice.
