Our Impact
At Peoples Bank, our desire is to make the rural Mississippi communities we serve better by providing superior and responsible financial products and services that increase economic opportunity, create financial stability, and improve the quality of life for the people and businesses in our market.
Small Business Spotlight: Sullivan’s Grocery
Peoples Bank – Sullivan’s Grocery from CDBA on Vimeo.
peoples building house
Jobs Created
View Details Through lending to small businesses and farmers, Peoples Bank helps to create or retain jobs in the communities it serves.
Through Small Business Lending:
- 2,159 in the last 5 years
- 3,537 in the last 10 years
Through Agriculture Lending:
- 750 in the last 5 years
- 1,022 in the last 10 years
In total, Peoples Bank has helped to create or retain:
- 2,909 jobs in the last 5 years
- 4,559 jobs in the last 10 years
woman buying from another woman
Small business Loans
View Details Small Businesses are the engine of our economy. Peoples Bank is proud to be a primary source of loans for the communities we serve.
Of the Small Business Loans made in the last five (5) years, 2,210 (65%) have been made in rural (non-MSA) areas. The amount loaned to rural small businesses over that time is $103,074,172 (74%). This excludes Simpson County, which is the Jackson MSA.
Last 5 Years | Last 10 Years | |
---|---|---|
# of Loans | Last 5 Years 3,223 | Last 10 Years 5,454 |
$ Loaned | Last 5 Years $138,796,918 | Last 10 Years $224,229,693 |
Avg. $ Loaned | Last 5 Years $43,064 | Last 10 Years $41,113 |
little girl with lemonade stand
Micro-Enterprise Loans
View Details Small Businesses need capital to grow. At Peoples Bank, no business is too small. MicroLoans, or loans to small businesses and farms under $35,000, are essential to the success of small businesses in our community.
Last 5 Years
# Loans | $ Loans | |
---|---|---|
<$10K | # Loans 2,239 | $ Loans $6.7M |
<$5K | # Loans 1,687 | $ Loans $2.1M |
Last 10 Years
# Loans | $ Loans | |
---|---|---|
<$35K | # Loans 7,563 | $ Loans $78.6M |
<$10K | # Loans 3,906 | $ Loans $11.8M |
<$5K | # Loans 2,754 | $ Loans $3.6M |
cows in a field
Agriculture Loans
View Details Farmers are the backbone of the rural communities we serve. Peoples Bank takes great joy in helping local farmers feed us all.
Last 5 Years | Last 10 Years | |
---|---|---|
# of Loans | Last 5 Years 1,016 | Last 10 Years 2,010 |
$ Loaned | Last 5 Years $59,566,444 | Last 10 Years $100,649,292 |
Avg. $ Loaned | Last 5 Years $58,628 | Last 10 Years $50,074 |
facade of house
Affordable Housing Loans
View Details Home ownership is a big step for individuals and families. Peoples Bank helps make it as easy as possible with Affordable Housing Loans.
Last 5 Years | Last 10 Years | |
---|---|---|
# of Loans | Last 5 Years 493 | Last 10 Years 1136 |
$ Loaned | Last 5 Years $60,661,825 | Last 10 Years $105,082,320 |
Avg. $ Loaned | Last 5 Years $123,046 | Last 10 Years $92,502 |
woman accepting keys to car
Consumer Loans
View Details Meeting financial needs of the residents of the communities we serve is a large part of why Peoples Bank exists.
Last 5 Years | Last 10 Years | |
---|---|---|
# of Loans | Last 5 Years 9,826 | Last 10 Years 15,805 |
$ Loaned | Last 5 Years $49,309,963 | Last 10 Years $81,560,328 |
Avg. $ Loaned | Last 5 Years $5,108 | Last 10 Years $5,160 |
In 1994, Congress created the Community Development Financial Institution (CDFI) Fund to encourage financial institutions to focus their mission on providing capital to economically distressed areas of their country.
Peoples Bank is proud of our designation as a certified Community Development Financial Institution. By providing affordable capital to the consumers and business of south central Mississippi, we live out our mission to promote economic growth in the communities we serve.

77%
of all consumer loans made in 2016 were in persistent poverty counties.
58%
of all small business loans made in 2016 were in persistent poverty counties.

2016 Lending
# OF LOANS
- 53% CONSUMER
- 7% COMMERCIAL REAL ESTATE
- 2% AFFORDABLE HOUSING
- 10% AGRICULTURE
- 4% SMALL BUSINESS
- 24% MICROENTERPRISE
$ OF LOANS
- 12% CONSUMER
- 37% COMMERCIAL REAL ESTATE
- 5% AFFORDABLE HOUSING
- 19% AGRICULTURE
- 17% SMALL BUSINESS
- 10% MICROENTERPRISE


Peoples Bank specializes in small business and microenterprise lending. No business is too small to receive our complete attention. We love helping employees become owners. As a preferred SBA lender, we are able to leverage SBA guarantees to make loans that other lender can’t. As we see it, the extra work of obtaining loan guarantees is well worth the benefit of increasing local economic opportunity caused by getting capital into the hands of the producers and job creators who need it.
Every consumer’s need is unique. Whether one needs a loan to build credit through our CreditUp program, borrow money to buy their dream car, or just needs a safe and economical place to keep their hard-earned money, our goal is to fit into our customer’s box rather than requiring them to fit into ours. That’s why we have no minimum loan amount and flexible terms that are customizable to one’s individual needs.


We live in the communities we serve. That’s why giving back is so important at Peoples Bank. Whether it is teaching financial basics in local schools, serving on local boards and communities, establishing local 5K races to support healthy lifestyle choices, sponsoring local youth activities, providing financial counseling for consumers, or offering training for local small businesses, we know that we will always be only as strong as the communities we serve.