Terry Daughters - Chief Credit Officer & Board Member
Bellingham, WA – September 15, 2017 – Peoples Bank, a locally owned and operated, independent full-service community bank with over $1.6 billion in assets, announced the appointment of Terry Daughters to the Peoples Bank Board of Directors. Daughters joined Peoples Bank in 1999 and has nearly 40 years of banking experience. In 2014, he was promoted to Executive Vice President and Chief Credit Officer, overseeing all aspects of portfolio underwriting and loan portfolio risk management as a member of the Bank’s executive team.
“We are extremely pleased to welcome Terry Daughters to the Peoples Bank Board of Directors,” said Charles LeCocq, Peoples Bank Chairman of the Board and Chief Executive Officer. “Terry’s deep expertise in banking and nearly two decades of outstanding service at Peoples Bank are valuable assets that will help us continue to lead the Bank’s future growth while upholding the community-oriented values on which it was founded nearly 100 years ago.”
“I am honored to join the Peoples Bank Board of Directors,” said Daughters. “The Bank’s dedication to offering a full relationship banking experience for its customers, from checking and savings accounts to a full suite of personal and commercial loans, as well as sophisticated online and mobile banking tools, has helped it achieve steady growth and build a respected brand. I look forward to contributing my knowledge and experience to continue our long tradition in Washington as an admired community bank.”
A lifetime resident of Whatcom County, Daughters is active in the community with past roles including President of the Bellingham Central Lions Club and member of the City of Bellingham’s Budget Advisory Committee. He earned a Bachelor of Science degree from the University of Washington and is a graduate of the Pacific Coast Banking School.
About Peoples Bank
Headquartered in Bellingham, Washington, Peoples Bank was founded in 1921 and operates 25 branches located throughout Washington. In its most recent rating, Bauer Financial, a leading independent bank rating firm, awarded Peoples Bank a superior rating of five stars. This rating recognizes Peoples Bank’s strong financial management practices, dedicated employees and long-standing customer relationships.