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Borrowing

City Partnerships - Connecticut Only

Central City Affinity Program
People's United is committed to helping the employees of our Affinity Partners pursue the American dream of homeownership.

Our program offers an exclusive financial package of lending programs, comprehensive homebuyer education and community partnerships with Connecticut municipalities, hospitals, universities, corporations and non-profit groups. Through these efforts, we are helping build a stronger Connecticut.

Program Benefits
People's United is pleased to offer employees of any of the participating employers, the following benefits:

  • 1/2% point off the commitment fee on all People's United Bank Mortgage Programs*, including FHA loans
  • Document preparation fee waived
  • FREE1 People's United Plus®Checking Account
    • FREE People's United Online and Telephone Banking
    • FREE use of over 230 People's United ATMs
    • FREE2 People's United Debit Card
  • People's United Equity Credit Line
    • Annual fee waived for the first year
  • Exclusive discounts on home and auto insurance3

Eligibility Requirements

  • 1st Mortgage application must be approved
  • At least one of the mortgage applicants must be a current employee of a participating employer.
  • Employee must be purchasing or refinancing an owner-occupied property in any one of Connecticut's HUD designated central cities.

Note: If the employee is selling his or her owner-occupied residence located anywhere in Connecticut and is purchasing a new owner-occupied property in a central city, People's United will extend the benefits of this program to the purchaser of the home being sold.

Ask your People's United Expert for details.

*Does not apply to CHFA Loans. 1Free of monthly maintenance and per check fees for one year from the date your account is opened. Offer only for a new People's United Plus checking account. 2People's United Plus®MasterMoney®Debit Card free for the first six months. 3Insurance available through R.C. Knox and Company, Inc. an insurance subsidiary of People's United Bank. Application and approval required. These offers are subject to change without notice.

BPT