Peoples Bank Chooses Shaw’s Spectrum Floor Plan Software

Peoples Bank Chooses Shaw’s Spectrum Floor Plan Software

Shaw Systems Associates, Inc., is pleased to announce that Peoples Bank has chosen Spectrum Floor Plan loan management software to be implemented through a cloud hosting arrangement. The Spectrum system includes an on-line dealer portal that allows the dealer to view their inventory, add new units, and pay their floor plan invoices. Spectrum also includes robust workflow automation tools for managing multiple lines of credit for a dealer and the inventory life-cycle.

Peoples Bank is committed to dealer financing through their indirect lending, insurance and commercial segments and their partnership with Shaw is another step in the development of their floor plan capabilities. “We are excited about the new partnership,” said Gregg Strong, Peoples Bank Senior Vice President and Floor Plan Leader. “Through Spectrum’s customer-focused software, Peoples Bank will dramatically improve its ability to support and grow its dealer lending portfolio, and remain focused on its strong customer relationships.”

About Peoples Bancorp, Inc.

Peoples Bancorp Inc. is a diversified financial products and services company with $3.5 billion in assets, 76 locations, including 67 full-service bank branches and 75 ATMs in Ohio, West Virginia and Kentucky. Peoples makes available a complete line of banking, investment, insurance, and trust solutions through its subsidiaries – Peoples Bank and Peoples Insurance Agency, LLC. Peoples’ common shares are traded on the NASDAQ Global Select Market® under the symbol “PEBO”, and Peoples is a member of the Russell 3000 index of US publicly traded companies. Learn more about Peoples at www.peoplesbancorp.com.