On March 16 Peoples Bank, National Association (Peoples Bank) a subsidiary of Peoples Bancorp Inc., announced plans to consolidate two banking offices into existing Peoples Bank locations.
Peoples Bank is expected to close its Rutland, Ohio and Lower Salem offices on June 30, 2009.
The consolidations will streamline operations while enabling us to continue serving our clients, said Mark F. Bradley, President and Chief Executive Officer of Peoples Bancorp Inc. and Peoples Bank.
We do not anticipate any job loss as our associates will be employed at other nearby Peoples Bank offices, he added.
After the consolidations, Peoples Bank will have two locations in Meigs County and eight offices in Washington County.
Peoples Bancorp Inc. is a financial products and services company with $2.0 billion in assets, 49 locations and 38 ATMs in Ohio, West Virginia and Kentucky.