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People's Bank Appoints Kyle Young as VP of Lending in Slaton

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  Published in Science and Technology on Saturday, February 7th 2026 at 4:34 GMT by Lubbock Avalanche-Journal
      Locales: Texas, UNITED STATES

SLATON, TX - February 7th, 2026 - People's Bank today announced the appointment of Kyle Young as Vice President and Lender at its Slaton branch, signaling a continued commitment to supporting the agricultural and commercial sectors of West Texas and Eastern New Mexico. The move comes at a time of increasing optimism for regional economic growth, particularly within the farming and small business communities.

Young arrives at People's Bank with a robust 15 years of experience specifically focused on agricultural and commercial lending. This expertise positions him to immediately address the unique financial needs of Slaton and the surrounding areas, which have historically relied heavily on both agriculture and local enterprise. He will be responsible for fostering strong relationships with businesses and farmers, offering tailored financial solutions to help them thrive.

"We are pleased to welcome Kyle to People's Bank and the Slaton community," stated Chris Martin, Chief Lending Officer at People's Bank. "His proven track record in understanding the nuances of agricultural finance, combined with his dedication to personalized customer service, makes him a perfect fit for our organization and, more importantly, for the people we serve."

Prior to joining People's Bank, Young spent a significant portion of his career at First United Bank, culminating in the role of Commercial Lender. His transition to People's Bank is being viewed by industry analysts as a strategic move, reflecting not just Young's individual ambition, but also a broader trend of lenders seeking to align themselves with institutions that prioritize community engagement and regional development.

People's Bank itself boasts a long and storied history, having been founded in 1907. For over a century, the bank has remained a cornerstone of the West Texas and Eastern New Mexico financial landscape, adapting to changing economic conditions while remaining firmly rooted in its commitment to local communities. With 21 branches currently operating across the region, the bank has consistently demonstrated a dedication to providing accessible and responsive banking services.

Regional Economic Outlook Positive, Lending Set to Increase

The appointment of Young coincides with a generally positive outlook for the regional economy. Recent data indicates a resurgence in agricultural commodity prices, benefiting local farmers and ranchers. Simultaneously, Slaton and surrounding towns are experiencing a growth in entrepreneurial activity, driven by a combination of remote work opportunities and a desire for localized economic independence. This confluence of factors is expected to drive increased demand for commercial loans and financial services.

Industry experts predict a moderate increase in lending activity throughout 2026, with a particular focus on loans supporting agricultural expansion, equipment upgrades, and small business startups. Banks like People's Bank, with their deep understanding of local markets and established relationships with key stakeholders, are well-positioned to capitalize on this trend.

"We anticipate a healthy demand for our lending services in the coming months," explained Martin. "Kyle's ability to assess risk, structure appropriate financing solutions, and build trust with our clients will be invaluable as we work to support their growth and success."

Community Focus Remains Central to People's Bank Strategy

Beyond providing financial products, People's Bank has consistently emphasized its commitment to community involvement. The bank regularly sponsors local events, supports charitable organizations, and actively participates in initiatives designed to improve the quality of life in the communities it serves.

This dedication to social responsibility is seen as a key differentiator in an increasingly competitive banking landscape. Customers are increasingly seeking to do business with institutions that share their values and demonstrate a genuine commitment to the well-being of the local community.

Kimberley Davis, Marketing Director for People's Bank, can be reached at (806) 799-4326 for further inquiries. This appointment demonstrates People's Bank's proactive approach to strengthening its position as a leading financial partner for businesses and individuals throughout West Texas and Eastern New Mexico.