Peoples Trust Company
Peoples Trust Company is an FDIC-insured community bank founded in 1886 in St. Albans, Vermont. Operating five branches across northwest Vermont, it provides personal banking, mortgage, and commercial lending products to local consumers and small-to-mid-size businesses.
- Company typePrivate
- Founded1886
- HeadquartersSaint Albans, United States
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What Peoples Trust Company does
Peoples Trust Company is an FDIC-insured community bank established in 1886 and headquartered in St. Albans, Vermont. It operates five physical branches across northwest Vermont — St. Albans (main office and Franklin Park West), Enosburg Falls, Georgia, and Swanton — plus an ATM-only location at Northwestern Medical Center. The bank serves individual consumers, small-to-mid-size businesses, and the broader northwest Vermont community with a relationship-based service model supported by long-tenured local lending and branch staff.
The product portfolio is organized into three lines: a Personal Banking Suite (checking accounts, savings, CDs and IRAs, personal loans, auto and recreational vehicle loans, debt consolidation loans, and personal credit cards), a Mortgage Center (purchase mortgages, refinancing, new construction loans, home renovation loans, and HELOCs), and a Business Banking Suite (business checking, money markets, commercial loans, commercial real estate loans, business lines of credit, business equipment and vehicle loans, and business credit cards). Delivery is enabled through an online banking platform, mobile apps for iOS and Android (with mobile deposit, Zelle person-to-person payments, PopMoney, eDocs, eAlerts, instant balance, and TurboTax integration), 24/7 telephone banking, and surcharge-free ATM access through the Falcon network. The underlying technology is conventional banking infrastructure rather than a proprietary platform; differentiation comes from local relationship-based service and FDIC-insured depository status, not from product architecture.
The business model is traditional community banking. Revenue is generated through net interest income on mortgage, personal, commercial real estate, and business loans combined with transaction-based fees (monthly maintenance charges, overdraft fees, debit card interchange, merchant services, and ACH origination). Customer acquisition is primarily direct-to-consumer through the branch network, digital channels, community events (e.g., the Kingman-fest sweepstakes), financial education content, and a small-business podcast series. The bank operates exclusively in Vermont with no disclosed parent company, outside investment, or multi-state expansion.
Note on data integrity: The financial table provided reports figures in a magnitude inconsistent with a sub-250-employee community bank (e.g., $17.8 trillion in 2025 revenue). These numbers appear to belong to a different entity (likely the Canadian Peoples Group) and are excluded from this analysis.
Peoples Trust Company firmographics
Firmographics- Name
- Peoples Trust Company
- Legal name
- Peoples Trust Company
- Website
- https://ptcvt.com
- Company type
- Private
- Founded year
- 1886
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Peoples Trust Company is an FDIC-insured community bank founded in 1886 in St. Albans, Vermont. Operating five branches across northwest Vermont, it provides personal banking, mortgage, and commercial lending products to local consumers and small-to-mid-size businesses.
- Ownership category
- akta.pro rank
Peoples Trust Company industry classification
Industry- Product category
- Community Banking
- NAICS
- Depository Credit Intermediation (5221)
- SIC
- State Commercial Banks (6022)
- akta.pro primary industry
- SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC)
Keywords
Where Peoples Trust Company is headquartered
LocationHeadquarters
- HQ city
- Saint Albans
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
Peoples Trust Company business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Interest Income from Lending: Interest earned on mortgage loans, personal loans, business loans, commercial real estate loans, and lines of credit
- Deposit Account Fees: Monthly maintenance charges, overdraft fees, returned item fees, wire transfer fees, and ATM fees from non-network ATMs
- Card Services: Interchange revenue from Visa debit card transactions, international transaction fees
- Merchant Services: ACH origination, merchant deposit capture, and business banking services
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Personal Checking Accounts - Various tiers with monthly maintenance fees offset by age discounts and direct deposit |
| Subscription | Monthly | Personal Savings Account - No minimum deposit required |
| Subscription | Monthly | Business Checking Accounts - Multiple tiers with transaction-based pricing |
| Subscription | Monthly | Business Money Market - Tiered interest rates based on balance |
| One time/ perpetual license | Multi-year contract | Certificates of Deposit - Various terms available |
Go-to-market motion2 records
Distribution channels5 records
Marketing channels7 records
Peoples Trust Company product offering
Product offeringCore offering
Peoples Trust Company is a Vermont-based community bank that delivers traditional personal and business banking products and services, including checking and savings accounts, CDs and IRAs, personal loans, auto loans, residential mortgages (purchase, refinance, construction, HELOC), business checking and money market accounts, commercial loans, business lines of credit, merchant services, and Visa debit cards. The bank supplements its in-branch service with an FDIC-insured digital banking platform providing online, mobile, and telephone banking, bill pay, Zelle, mobile deposit, and eDocs. Revenue is generated through interest income on loans and deposits and through transaction-based fees on deposit accounts, card services, and merchant services.
Product overview
Peoples Trust Company is a community bank headquartered in St. Albans, Vermont offering a unified suite of traditional banking products and services. The portfolio consists of a Personal Banking Suite (checking, savings, CDs/IRAs, personal loans, auto loans, credit cards), a Mortgage Center (purchase mortgages, refinances, construction loans, HELOCs), and a Business Banking Suite (business checking, money markets, commercial loans, business credit cards). These core products are augmented by an Online and Mobile Banking platform providing digital access, bill pay, Zelle transfers, and TurboTax integration, plus a Visa Debit Card for card-based transactions. Peoples Trust Company does not offer a technology platform with modular components; it is a single-product-line community bank whose offerings are differentiated by customer segment (personal vs. business) rather than by platform architecture.
Differentiator
Problem solved
Functional benefit
Brands
- Peoples Trust Company Mobile App: Mobile banking application for consumers
- Peoples Trust Company Business
Products and services
- Personal Banking Suite Traditional personal banking bundle for individual consumers including checking accounts, savings accounts, CDs and IRAs, personal loans, auto and recreational vehicle loans, debt consolidation loans, and personal credit cards, delivered through branch, online, and mobile channels.
- Mortgage Center
- Business Banking Suite
- Online and Mobile Banking
- Visa Debit Card
- Additional Banking Services
Quantifiable outcome
- Serving Vermont communities since 1886 with ongoing community investment and local decision-making
Companies that use Peoples Trust Company
Customer profileSegments4 records
Ideal customer profiles3 records
Peoples Trust Company technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
Feature3 records
Peoples Trust Company partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- MeshcoreMesh and Peoples Trust Company formed a strategic collaboration in October 2025 to introduce AI-powered corporate expense management solutions to Canadian organizations. The partnership leverages Peoples' payments infrastructure and Mesh's platform for unified, compliant, scalable corporate payment management.
- Peoples Group (Parent of Peoples Trust Company)coreFinix partnered with Peoples Trust Company, part of Peoples Group, to expand into Canada in February 2024. This partnership enables direct card network integrations for Canadian businesses through Finix's payment processing platform.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
Peoples Trust Company competitors and assessment
Company assessmentBroad incumbents
- Berkshire Hills Bancorp: Larger New England regional bank offering full commercial, retail, and wealth services across multiple states; a broader incumbent competing for similar SMB and consumer customers in adjacent geographies.
- Tompkins Community Bank (Tompkins Financial): Mid-size community bank in the Northeast U.S. providing personal, business, and commercial lending products that overlap with Peoples Trust's core offerings, though at substantially larger scale.
Direct peers
- Mascoma Bank: Mutual community bank operating across Vermont and New Hampshire with personal/business banking and commercial lending, directly comparable in regional focus, product set, and relationship-based GTM.
- Ledyard National Bank: New Hampshire community bank offering personal, business, and wealth management services with relationship-driven lending, closely mirroring Peoples Trust's model in the adjacent Upper Valley/Dartmouth region.
- Passumpsic Savings Bank: Vermont-chartered mutual savings bank serving the Northeast Kingdom with personal/business banking, mortgages, and commercial lending directly overlapping Peoples Trust's Vermont community-banking niche.
- Community Bank, N.A. Multi-state community bank franchise offering deposit, mortgage, and small-business banking with a relationship-led model similar to Peoples Trust's community banking approach, though at substantially larger geographic scale.
- Northfield Savings Bank: Vermont-based mutual savings institution offering personal/business banking, mortgages, and consumer lending throughout central and northern Vermont with comparable community-bank positioning.
- Bar Harbor Bankshares (Camden National Bank): New England community bank holding company providing deposit, lending, and wealth services across Maine and northern New England, comparable in regional banking model and product breadth.
- Union Bank (Vermont): Vermont-based community bank providing personal and business banking, mortgages, and wealth services across northern Vermont markets directly overlapping Peoples Trust's geographic footprint.
Regional players
- Green Mountain Credit Union: Vermont-based member-owned credit union serving personal and small-business customers in northwest Vermont with deposit and loan products directly comparable to Peoples Trust's consumer/SMB banking.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Peoples Trust Company social profiles
Digital presencePeoples Trust Company compliance and trust
Trust signalCompliance1 record
Peoples Trust Company financial estimates
Financial estimateRevenue estimate
Valuation estimate
Peoples Trust Company leadership team
Management profileNumber of profiles
Profiles13 records
Peoples Trust Company funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Peoples Trust Company M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Peoples Trust Company
What does Peoples Trust Company do?
Peoples Trust Company is a Vermont-based community bank that delivers traditional personal and business banking products and services, including checking and savings accounts, CDs and IRAs, personal loans, auto loans, residential mortgages (purchase, refinance, construction, HELOC), business checking and money market accounts, commercial loans, business lines of credit, merchant services, and Visa debit cards. The bank supplements its in-branch service with an FDIC-insured digital banking platform providing online, mobile, and telephone banking, bill pay, Zelle, mobile deposit, and eDocs. Revenue is generated through interest income on loans and deposits and through transaction-based fees on deposit accounts, card services, and merchant services.
Is Peoples Trust Company a public or private company?
Peoples Trust Company is a private company. It is classified as unknown and is currently operating.
When was Peoples Trust Company founded?
Peoples Trust Company was founded in 1886. It employs 101 to 250 people.
Where is Peoples Trust Company based?
Peoples Trust Company is headquartered in Saint Albans, United States, in the North America region.
How does Peoples Trust Company make money?
Four revenue lines are on record. Interest Income from Lending is the primary driver. The others are deposit Account Fees, card Services and merchant Services.
Who are Peoples Trust Company's main competitors?
Broad incumbents on record are Berkshire Hills Bancorp and Tompkins Community Bank (Tompkins Financial). Direct peers are Mascoma Bank, Ledyard National Bank, Passumpsic Savings Bank, Community Bank, N.A., Northfield Savings Bank, Bar Harbor Bankshares (Camden National Bank) and Union Bank (Vermont). Green Mountain Credit Union is listed as a regional player.
Does Peoples Trust Company have an API?
No public API is recorded for Peoples Trust Company.
What industry is Peoples Trust Company in?
Peoples Trust Company's product category is Community Banking. Its primary akta.pro industry code is FSABABAC, SME Deposits & Business Accounts (Operating, Savings, CDs). Its NAICS code is 5221 and its SIC code is 6022.