Government Banking & Finance

 Our Approach

Peoples United Bank recognizes and is committed to meeting the core banking needs of public entities throughout its footprint.  This is why we have created a full range of products and services to meet those needs and why we deliver expertise at the local level to be sure we meet your expectations.

This range of services extends from simply opening deposit accounts to helping structure loans including, but not limited to (BANs, TANs, and Serial Notes) and investment options that fully contemplate the legal and regulatory complexities of each state in which public entities operate.
 

Further demonstrating our commitment to public entities is our “Outstanding” or “A+” rating assigned to People’s United Bank under the Community Reinvestment Act (CRA).
 

People's United Bank has more than 300 public entity clients which include, States, Municipalities, Housing Authorities, School Districts, and other special districts such as Water and Sewer Authorities.

 Our Solutions

We understand the need to safeguard public deposits beyond FDIC Insurance according to state and federal law.  We are prepared to provide legally compliant collateral arrangements such as:  Federal Home Loan Bank Letters of Credit and trustee held custodial agreements in each of the states that we operate.

Our simple and flexible deposit products are augmented by highly sophisticated and “government-friendly” Treasury Management products, such as  Remote Deposit Capture, Lockbox, ACH, Fraud Protection (ACH and Check Positive Pay), Wire Transfer, and Escrow Account Reporting.

In addition, our core products include long term investments, risk management, corporate trust, and employee benefits solutions, including:

  • A full service Treasury Desk which offers longer term investment options such as, Treasuries, Agencies, and Jumbo CDs.
  • Government Pension (defined benefit and defined contribution) Management and Custody Services offered through Peoples Securities Wealth Management experts.
  • Peoples United Bank Insurance partners which offer Public Entity Property and Liability insurance, Employee Benefit plans, and Workers’ Compensation Programs.
  • Our People’s United Institutional Trust Services group offers a full range of paying agency  and government trustee services.
 Contact Us
Relationship Manager Contact Information

Michael Kegler,
VP Government Banking Relationship Manager, CTP
(203) 338-3862
850 Main Street
Bridgeport, CT 06604

Robert Vanderslice
Senior Relationship Manager, SVP
(203) 338-3011
850 Main Street
Bridgeport, CT 06604
Relationship Manager Contact Information
Grace Lee
Director of Government Banking & Finance Group
(617) 449-0364
350 Fore Street
Portland, ME 04101
Barbara Raths, CTP
Senior Relationship Manager, SVP
(207) 828-3131
350 Fore Street
Portland, ME 04101
Relationship Manager Contact Information

Grace Lee
Director of Government Banking & Finance Group
(617) 449-0364
1 Post Office Square, 32nd Floor
Boston, MA 02109

Kim Gainsboro Brooks
Senior Relationship Manager, SVP
(617) 449-0385
1 Post Office Square
Boston, MA 02109
Relationship Manager Contact Information
Barbara Raths
Senior Relationship Manager, SVP
(207) 828-3131
1750 Elm Street
Manchester, NH 03104
Relationship Manager Contact Information
Stanley Gelish
Senior Relationship Manager, SVP
(631) 208-2343
4 West Second Street
Riverhead, NY 11901
Robert Vanderslice
Senior Relationship Manager, SVP
(914) 461-0058
1311 Mamaroneck Avenue
White Plains, NY 10605
Relationship Manager Contact Information

David Olson
Government Banking Officer, SVP
(802) 660-1356
2 Burlington Square
Burlington, VT 05401

Lori Terrien
Government Banking Officer, VP
(802) 660-1657
2 Burlington Square
Burlington, VT 05401

Related Information


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