NOVEMBER 16, 2001

People's Brings Seven-Day Banking
To New Granby Stop & Shop

GRANBY, CONN.
People’s Bank has brought the convenience of seven-day full-service banking to Granby by opening its newest office at the Granby Super Stop & Shop, 124 Salmon Brook St. A grand opening celebration was held this morning.

“We recognize that for many of our customers, ‘banker’s hours’ no longer fit into their busy schedules,” said Robert R. D’Amore, People’s executive vice president, Marketing and Retail Banking. “We’ve built and staffed our supermarket branches to provide all of the services – and the level of service – that our customers expect from our traditional branches. Based on the success of our other Stop & Shop offices, we believe our customers truly appreciate the convenience of seven-day-a-week banking.”

The public is invited to visit People’s new Granby Stop & Shop office and learn about People’s grand-opening specials – an offer of free checking for six months plus 50 free checks, a special grand-opening certificate of deposit offer and an offer of a $10 Stop & Shop coupon.

At this morning’s festivities, Manager Joseph Miller announced a $1,000 corporate donation to the Farmington Valley Visiting Nurse Association.

People's brought supermarket banking to Connecticut in 1980 when it opened an office in Grand Union of Westport. In 1995, People’s entered into an exclusive partnership with the Stop & Shop Supermarket Company that will result in a total of 59 branches in Connecticut Super Stop & Shop stores by the end of 2001.

The new office is 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 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, 147 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.