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Peoples Bank
- Finance
- Newton, NC
About this business
Peoples Bancorp of North Carolina is the holding company for Peoples Bank, which operates 15 traditional financial business centers in Catawba, Lincoln, and Alexander counties in North Carolina; and two offices in Charlotte, N.C. The company is a bank holding company registered with the Board of Governors of the Federal Reserve System under the Bank Holding Company Act of 1956. Peoples Bancorp s common stock is publicly traded over the counter and is quoted on the NASDAQ under the symbol PEBK. The company was formed in 1999 ... read more
Location details
518 W C St, Newton, NC, 28658, United States
Get directions| Weekday | Schedule | Status |
|---|---|---|
| Mon | 9:00 a.m. to 5:00 p.m. | |
| Tue | 9:00 a.m. to 5:00 p.m. | |
| Wed | 9:00 a.m. to 5:00 p.m. | |
| Thu | 9:00 a.m. to 5:00 p.m. | |
| Fri | 9:00 a.m. to 5:00 p.m. | |
| Sat | Closed | |
| Sun | Closed |
Over the past 30 years, I have been a loyal business account customer with **********************. I currently have 3 business accounts, 1 personal account, CD's and ***********************. Recently, Peoples Bank cleared/processed unauthorized fraudulent checks on my business account ********************** totaling to the amount of $61,000.I consulted with *** ******, Branch Manager at Peoples Bank. She told me to report these fraudulent checks to the local police department because Peoples Bank was not responsible for them... read more
Business response:
I have always though that our checks were monitor by the bank for validity of the checks being presented to the bank for payment such as style of checks, sequence of check numbers, and signature of checks but apparently Peoples Bank just approves what every is presented to them. Apparently Peoples Bank does not have a very good software to spot fraudulent checks and neither a very good ******* of our funds. I would not recommended to anyone to open an account or doing business with ***********. It is unfortunate that this fr... read more
Over the past 30 years, I have been a loyal business account customer with **********************. I currently have 3 business accounts, 1 personal account, CD's and ***********************. Recently, Peoples Bank cleared/processed unauthorized fraudulent checks on my business account ********************** totaling to the amount of $61,000.I consulted with *** ******, Branch Manager at Peoples Bank. She told me to report these fraudulent checks to the local police department because Peoples Bank was not responsible for them... read more
Business response:
The banks ***** and Conditions of Your Account disclosure sets forth the timelines of the customers duty to report unauthorized signatures, forgeries, counterfeits, alterations, etc. under section (13) Statements. We were not notified of the issue until October 31, 2024. The fraudulent checks paid from June 20, 2024 through August 7, 2024. The August 7, 2024 transaction was the only one that was within the timeframe. The other 14 checks posted prior. It is unfortunate that this fraud happened to your business but it is imper... read more
Absolutely abysmal, the CEO should be in prison. You can't rob me like that.
Abusive customer service. Bank manager refused to give loan details when asked like DTI, ratios. This is dishonest, abusive, and damages and customers beacon scores. These damages end up costing consumers higher lender fees when being forced to apply for a loan that they may not even be able to do. Who applies for loans to banks, not knowing if they can even do the loan based off of income percentages? This is a very dishonest business practice, I would warn caution, as this is the only bank Ive ever had to outright refuse t... read more
Business response:
Mr. ***** called two different branches, one several times, as well as our Customer Service area. From what has been gathered from the calls it appears he was wanting to get prequalified for a Home Equity loan. Peoples Bank does not do prequalifications on Home Equity Lines of Credit. The only information he gave was his income and wanted personnel to tell him how much of a loan he could get based on that. He did not want to proceed with an application which would allow us to pull his credit. Without knowing his debts (credi... read more
Frequently asked questions about Peoples Bank
How is Peoples Bank rated?
Peoples Bank has a 3.4 star rating with 22 reviews.
When is Peoples Bank open?
Peoples Bank is closed now. It will open tomorrow at 9:00 a.m.
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