July 11, 2011

July 11, 2011

People's United Bank to Open Branch in New Fairfield Stop & Shop
Branch to offer seven-day in-person banking

BRIDGEPORT, CT - People’s United Bank will open a full-service branch in the Stop & Shop store at 25 State Road, Route 39 in New Fairfield on Monday, July 25. The new office will employ five full-time and two part-time people.

This is the bank’s 86th supermarket branch, and it will provide seven-day, in-person banking to residents of Greater New Fairfield. The branch will have an ATM, four customer service stations, an exterior night deposit drop box, a flat-screen television to watch financial news and an office in which customers may apply for a mortgage or a home equity loan, invest funds or open a checking or savings account.

“We’re pleased to offer a seven-day banking branch to our customers who live or shop in the area,” said Phillip Niesz, Financial Services Manager for the new office. “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 another branch that will be available to area customers every day of the week.”

The new 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.

To mark the opening, People’s United Bank will make a donation to the New Fairfield Lion’s Club.

People’s United Bank is a subsidiary of People's United Financial, Inc., a diversified financial services company with $28 billion in assets. Peoples United Bank, founded in 1842, is the largest independent bank headquartered in New England and provides consumer, commercial and wealth management services through 370 branches in Connecticut, Massachusetts, Vermont, New York, New Hampshire and Maine. Through additional subsidiaries, People's United provides equipment financing, asset management, brokerage and financial advisory services, and insurance services.

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