Peoples Bank Establishes New Energy Department Focused Exclusively on Providing Financial Services to Energy Companies

Peoples Bank is renewing its roots in the energy sector. The company announced recently it has established a new department focused exclusively on providing financial services to upstream (exploration/production) and midstream (transportation/storage/ marketing) energy companies. Financing the energy industry is not new to the bank. In 1902, a group of oilmen needed loans for expansion.…