DECEMBER 17, 2001

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

CLINTON, CONN.
People’s Bank has brought the convenience of seven-day full-service banking to Clinton by opening its newest office in the newly remodeled Clinton Super Stop & Shop, 215 East Main St.

A grand opening celebration was held this morning, at which Sara M. Longobardi, vice president, area manager, of People’s Bank announced a $1,000 corporate donation to the Carter Hull Library.

“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 Regional 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 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 certificate of deposit offer and an offer of a $10 Stop & Shop coupon.

People's brought supermarket banking to Connecticut, opening an office in Grand Union of Westport in 1980. In 1995, People’s entered into an exclusive partnership with the Stop & Shop Supermarket Company that has resulted in a total of 57 branches in Connecticut Super Stop & Shop stores, with additional branches scheduled to open in stores New Milford and Branford in 2002.

The new Clinton office 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 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, 148 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.