December 29, 2005

People's Employees Volunteer An Average Of 3.5 Days With Charitable Organizations In 2005

BRIDGEPORT, CONN. -Today People's Bank announced that its employees contributed an average of almost 3 1/2 days per year of volunteer work to non-profit organizations statewide. Approximately 2,700 employees donated 75,000 hours, or about 28 hours, of community service to nonprofit agencies in 2005 - totaling 3.47 days to serving worthwhile causes around the state.

"During this season of giving, we are pleased to recognize our employees who give back to their communities throughout the year," said Parry Spahr, senior vice president, Corporate Community Relations at People's. "The gift of time and talent is quite often even more important than a monetary gift. Our employees made significant contributions to hundreds of organizations last year, and we're proud of their achievements."

"Whether in Norwich or New Canaan, Trumbull or Tolland, our employees have responded to the bank's legacy of volunteerism," Spahr continued. "At People's we encourage our employees to volunteer in their communities as part of our 164 year heritage of give back, and our employees respond every year."

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 153 branches, 70 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 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.