Derek Thornton

Derek Thornton was promoted to Senior Vice President and Chief Financial Officer at Peoples Bank. Thornton joined Peoples Bank in 2013 and has held leadership roles in retail, small business, and credit. He was previously Senior Vice President, Director of Finance and Accounting.

Thornton serves as Vice President of the Board of Directors at Lydia Place and is also on the Board of Directors of the Bellingham Distance Project, a competitive running team. Thornton was awarded the Peoples Bank Chairman’s Award for leadership in 2016 for his commitment to integrity, honesty, and respect.

Thornton is a graduate of Pacific Coast Banking School and holds bachelor’s degrees in Economics and Political Science and a master’s degree in Business Administration from Western Washington University.

About Peoples Bank

Peoples Bank is a locally owned and operated, independent full-service community bank with $1.9 billion in assets. Headquartered in Bellingham, Washington, the Bank was founded in 1921 and operates 23 branches located throughout Washington. Reflecting its strong financial management practices, dedicated employees, and long-standing customer relationships, Peoples Bank was awarded a superior five-star rating from BauerFinancial, a leading independent bank rating firm, and was named a 2019 Best-In-State Bank by Forbes Magazine. Learn more about Peoples Bank at