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Peoples Bank raises employees wages, responding to tax reform

Photo: clipart.com


KGMI News

BELLINGHAM, Wash. – Bellingham-based Peoples Bank is raising employee’s wages in response to the tax reform package passed last month.

Starting February 1st, Peoples Bank will raise the minimum wage it pays its hourly workers to $15 per hour.

And it will increase its 401k match one percent to a total of eight percent for eligible employees.

Peoples Bank is locally owned and operated and has 25 branches throughout Washington.

It joins Washington Federal, Boeing and some other companies that have announced pay increases and bonuses for workers following the passage of the tax package.

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