Who We Are: A Locally Owned Community Bank | Peoples Bank

What’s in a name? When it comes to Peoples Bank, everything is in the name. We are a bank that is, first and foremost, in the business of serving people – both the people we employ and the people of the community. As a result, our name has become one built on trust and good service in West Texas.

Peoples Bank was founded in 1999 by a group of local investors, led by Larry Allen and Todd McKee, who started our first branch in Lorenzo. Our headquarters in Lubbock was opened a month later. Since then, we’ve opened six other area branches while doubling the size of our headquarters. All along, we remain steadfast in our mission to serve you as a locally owned community bank while developing a relationship of trust, confidence, and customer satisfaction.

Our Mission & Vision

We’re just as passionate about the people who work for us as we are the ones who invest in us, and that passion is reflected in both our Mission Statement and Vision Statement. Our Mission Statement describes our goal of placing the needs of our employees, customers, and shareholders at the heart of all we do.

Similarly, our Vision Statement focuses on our emphasis on being the best company our employees will ever work for, as well as the best bank our customers and investors will do business with and invest in. As a locally owned community bank, we’ve taken both our mission and vision to heart as we serve the people who live and work in the same communities we do.

As our customer, you can be sure that we’ll also remain firm on The Foundation of Our Promise. It is built on our promise to uphold family values, concentrate and focus on our image and to treat, serve, and love others as we want to be treated, served, and loved.

Our Promise

Our promise is also built on a foundation of helping our staff to continue to grow and develop, to speak positively and with encouragement, to lead a balanced life, to value teamwork and corporate stewardship while always valuing truth, integrity, confidentiality, and privacy.

As a locally owned community bank, our foundation is truly built through our interactions with customers, our staff, and the community. We build strong personal relationships with our customers through exceptional service. We make an ongoing investment in the growth and development of our employees. We’ve also made a long-term commitment to meet the diverse needs of our West Texas community while serving as a catalyst for positive change.

As our customer, you can be assured that we have all the products and services you need from our free online banking to our Simply Free checking, to our Home Loan Center, as well as other services you expect from a locally owned community bank.

Our Expertise

Looking to start your own business? Peoples Bank is a preferred lender with the Small Business Administration and offers a smooth, quick loan application process. Looking to buy a home? We offer complete home loan service, with FHA, VA, and conventional financing. We promise to be there for you for every life event and change.

After all, serving people is what we do best.