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 About People's United | ||
  Who We Are People's United Bank is the largest regional banking organization headquartered in New England. With the acquisition of the Chittenden family of banks in January 2008, it has grown to seven banks with more than $21 billion in assets, and more than 300 branches in Connecticut, Maine, Massachusetts, New Hampshire and Vermont and in Westchester County, New York. Convenient, seven-day banking is offered at 77 of our branches in Connecticut Super Stop & Shop supermarket locations. A diversified financial services company founded in 1842, People's United Bank provides consumer, commercial, insurance, retail investment and wealth management and trust services to personal and business customers. Through its subsidiaries, People's United Bank offers: brokerage, financial advisory services, investment management services and life insurance through People's Securities, Inc. and Chittenden Securities;equipment financing through People's Capital and Leasing Corp.;asset-based lending through Chittenden Commercial Finance, Inc.;and other insurance services through R.C. Knox and Company, Inc. and Chittenden Insurance Group. In addition to People's United, the family of banks includes: Chittenden Bank, Flagship Bank, Maine Bank & Trust, Merrill Bank, Ocean Bank, and The Bank of Western Massachusetts. People's United Bank was organized under the mutual holding company structure and went public in 1988 at a split-adjusted price of $1.20 per share. In 2006, the bank changed to a federally-chartered mutual holding company and a federal savings bank charter, providing significantly greater flexibility in opening new branches and expanding its businesses in all states. In April 2007, People's United Financial, Inc., the bank's parent company, completed the conversion from a mutual holding company structure to a fully publicly-owned stock form holding company. As part of the conversion, the bank also established a $60 million community foundation -- the largest ever created as the result of a second-step conversion. Following the completion of the conversion, the bank officially changed its name to People's United Bank in June 2007. Following are links to the web sites of the seven banks in the People's United family: | ||
© 2008 People's United Bank. It's Possible. At People's. Member FDIC.  Equal Housing Lender | ||
