March 10, 2009

March 10, 2009


People’s United Bank to Open New Branch in Stonington Super Stop & Shop

BRIDGEPORT, CONN.- People’s United Bank will open a full-service branch in a new Super Stop & Shop store at 190 Voluntown Road in the Pawcatuck section of Stonington on Friday, March 27.



This is the bank’s 79th supermarket branch, and it will provide seven-day, in-person banking to residents of greater Stonington. The branch will have a drive-up ATM and an interior ATM, four customer service stations, a night deposit box, a flat-screen 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 the Stonington area,” said Mary-Jo Wlodecki, People’s first vice president responsible for the greater Norwich/New London 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 area customers seven days a week.”



To celebrate the opening of the new office, People’s United 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 Stonington 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. Richard Balestracci will manage the branch.



To commemorate the opening, People’s United Bank will make a $1,000 contribution to the Pawcatuck Neighborhood Center, a local nonprofit organization whose mission is to improve and enhance the quality of life of local residents of all ages by providing basic human needs, social interaction and free transportation to obtain medical care.



People's United Bank, a federally-chartered savings bank with approximately $20 billion in assets, provides consumer and commercial banking services through a network of more than 300 branches in Connecticut, Vermont, New Hampshire, Massachusetts, Maine and New York. Through additional subsidiaries, People’s United Bank provides equipment financing, asset management, brokerage and financial advisory services, and insurance services

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