SEPTEMBER 5, 2001

People's Opens Fourth Waterbury Branch

WATERBURY, CONN.
People’s Bank is expanding its presence in Waterbury by opening its newest office at the Naugatuck Valley Super Stop & Shop, 920 Wolcott Road. Local dignitaries have been invited to attend a grand opening scheduled for Thursday, Sept. 13, at 9 a.m.

“We’re committed to Connecticut and to the Waterbury area,” said Robert R. D’Amore, People’s executive vice president, Marketing and Retail Banking. “This is our fourth branch in Waterbury and, based on the success of our other two Stop & Shop offices here, we believe our customers appreciate the convenience of seven-day-a-week banking and the opportunity to unlock all of the possibilities available to them at People’s.”

The public is invited to come to the grand opening and learn about People’s grand-opening specials – an offer of free checking for one year plus 50 free checks, a special grand-opening CD offer and an offer of a $10 Stop & Shop coupon.

Additionally, at the grand opening, Manager Frank Pomarico will announce a corporate donation that will benefit the Waterbury community.

People's was a supermarket banking pioneer, opening an office in Grand Union of Westport in 1979. It also operated seven branches in Edwards Super Food Stores before entering into an exclusive partnership with Stop & Shop in 1995 to build a minimum of 45 supermarket branches in Connecticut. People’s today operates 54 branches inside Super Stop & Shop stores.

The new offices will be open seven days a week, from 10 a.m. to 7 p.m. Monday through Friday, from 10 a.m. to 4 p.m. on Saturdays and from 11 a.m. to 4 p.m. on Sundays.

People’s (peoples.com) is a diversified financial services company providing commercial, consumer, insurance and investment services. Founded in 1842, it is the largest state-chartered bank in Connecticut with managed assets of $13 billion, 145 branches and 220 ATMs. People’s is a leader in consumer and commercial banking, residential lending, insurance sales, supermarket banking and is the nation’s 15th-largest issuer of MasterCard and Visa credit cards. People’s subsidiaries offer brokerage services, asset management, equipment financing and leasing, and insurance services.