October 15, 2008

October 15, 2008

People's United Bank Opens Fourth Westchester County Office In Thornwood 

BRIDGEPORT, CONN. - People's United Bank has opened its fourth branch in Westchester County at 59 Kensico Road.

People's United opened its first Westchester County office in June, 2007 in Scarsdale, followed by a second office in Mt. Kisco in October, 2007 and a third office in White Plains in June, 2008.

"We're pleased to announce the expansion of our franchise in Westchester County," said Stephen Shealy, vice president and market manager for the People's United Westchester County market. "People's United is one of the strongest banks in the country, with nearly $3 billion in excess capital. We're looking forward to serving the financial needs of even more Westchester County residents through our new Thornwood office."

People's United will offer a full range of banking services in Thornwood, from retail products, to commercial loans, to financial advisory and wealth management and trust services.

The branch will feature a full-service drive-up teller, a drive-up ATM, a free self-service coffee bar, complete with caf├ętables and a stock quotation machine so customers can check on their investments, a free self-serve coin-counting machine, and plasma television sets airing financial news networks.

Jacqueline Darragh, a seasoned banker, will manage the Thornwood office. Jim Booth will serve as customer service manager in the branch, which will have a total staff of seven employees.

People's United Bank, a diversified financial services company with $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 its subsidiaries, People's United Financial provides equipment financing, asset management, brokerage and financial advisory services, and insurance services.

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