KBRA Releases Surveillance Report for PeoplesBancorp, MHC

On October 7, 2025, KBRA affirmed the senior unsecured debt rating of BBB, the subordinated debt rating of BBB-, and the short-term debt rating of K3 for Holyoke, Massachusetts-based PeoplesBancorp, MHC (“Peoples” or “the company”). In addition, KBRA affirmed the deposit and senior unsecured debt ratings of BBB+, the subordinated debt rating of BBB, and the short-term deposit and debt ratings of K2 for lead subsidiary, PeoplesBank. The Outlook for all long-term ratings is Stable.

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