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March 29, 2006

Madison Resident Ben Citrin Promoted To Vice President At People's Bank

BRIDGEPORT, CONN. - People's Bank announced today that Ben Citrin has been promoted to vice president of Budgets and Internal Reporting in the bank's Finance Division. In this position, Citrin will be responsible for analyzing and forecasting People's Bank financial results and identifying applicable opportunities and risks.

Citrin joined the People's Bank Finance Department in 2000. Prior to joining People's, Citrin was with the Swiss firm Asea Brown Boveri (ABB). Prior to his affiliation with ABB, Citrin held increasingly responsible financial positions with Duracell and General Signal.

A graduate of Fairfield University, Citrin earned a bachelor's of science in Accounting. He is also a Certified Public Accountant and a Certified Management Accountant.

A resident of Madison, Citrin is married and has three children. Active in his community, Citrin coaches Little League Baseball and soccer and enjoys tennis.

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, brokerage, financial advisory and trust services to personal and business banking customers. For more information about People's, its products and services, please call 800-772-1090, visit peoples.com or any of People's branches.

WAP