StockWatch
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Major Banks
Management ChangeJul 21, 2026, 11:11 AM

Peoples Bancorp of North Carolina Elects Michael B. Hollar to Board

AI Summary

Peoples Bancorp of North Carolina, Inc. announced the election of Michael B. Hollar to its Board of Directors, as well as to the Board of its subsidiary, Peoples Bank, effective July 16, 2026. The company stated there are no prior arrangements or family relationships influencing his appointment, and he has not yet been assigned to any board committees.

Key Highlights

  • Michael B. Hollar was elected to the Boards of Directors of Peoples Bancorp of North Carolina, Inc.
  • Mr. Hollar was also elected to the Board of Directors of the wholly-owned subsidiary, Peoples Bank.
  • The election took place on July 16, 2026.
  • There are no arrangements or understandings for Mr. Hollar's appointment.
  • No family relationships exist between Mr. Hollar and other directors or executive officers.
  • Mr. Hollar has not been appointed to any committees at this time.