October 17, 2005

PEOPLE'S BANK OPENS NEW BRANCH IN SOUTHBURY

New Branch Offers Seven-Day In-Person Banking at Southbury Super Stop & Shop

BRIDGEPORT, CONN. - People's Bank will open a new, full-service branch in the new Southbury Super Stop & Shop at 100 North Main Street in the Southbury Plaza, on Thursday, October 27.

This is the bank's 69th supermarket branch, and it will provide seven-day, in-person banking to Southbury area residents. The branch will have four customer service stations, a night deposit box, a television to watch financial news and an office in which customers may apply for a mortgage or home equity loan, invest funds or open a checking or savings account.

"We're pleased to offer seven-day banking to our customers who live or shop in Southbury," said Armando F. Goncalves, People's first vice president responsible for the Greater Waterbury market. "True convenience is having a branch near you that offers full-service banking -- from education or retirement planning to investments -- wherever and whenever you need it. Since all of us must shop for groceries, we couldn't think of a better venue in which to open a branch that will be available to Southbury customers seven days a week."

To celebrate the opening of the new office, People's Bank will hold a grand opening sweepstakes for three weeks beginning the day the branch opens. The grand prize will be $500 in free groceries. In total, 150 prizes will be awarded.

The new Southbury office will be open Monday through Friday, from 10 a.m. to 7 p.m., on Saturday from 10 a.m. to 4 p.m. and on Sunday from 11 a.m. to 4 p.m.

If you have interest in working at a People's branch within the greater Southbury area, please visit www.peoples.com for more information.

Founded in 1842, People's Bank (peoples.com) is one of Connecticut's largest banks with assets of $11 billion, more than 240 ATMs and 156 branches, 69 of which offer convenient seven-day banking in Super Stop & Shop locations across the state. A diversified financial services company, People's Bank provides consumer, commercial, insurance, retail investment and trust services to personal and business banking customers. People's Bank is the official banking partner of the University of Connecticut's Division of Athletics. For more information about People's, its products and services, please call 800-772-1090, visit peoples.com or any of People's branches.