close
You are now leaving the peoples.com website and entering an external website.
Ok
Cancel
Important

You must have a People's United Bank personal checking account to access AlwaysChecking.

Don't yet have a checking account?

Explore checking

Skip to navigation Skip to main content Skip to login Skip to footer
People's United Bank, N.A, is now part of M&T Bank. Today, keep banking the way you always do. Learn more
menu
People's United logo with tagline, A division of M&T Bank
  • search
  • Log in Log in
arrow_drop_up
  • Personal
  • Business
  • Other
Is your contact information up to date? Log into Online Banking to review and update your email, phone and mailing address.

LOG IN NOW
Invalid Character
Can't Log In? Enroll in Online Banking
AlwaysChecking Enroll/Login
Take Action As Soon As Possible Please enroll in People’s United eTreasury+ for Online Business Banking by August 26, 2022 to ensure you don't lose digital access to your business account(s) when they transition to M&T Bank.

ENROLL NOW
Invalid Company ID
Invalid User ID
Can't Log In? Enroll in eTreasury+
  • Online Investing
  • Commercial Credit Cards
  • Client Point
  • Consumer Loan Servicing
  • LockBox Exceptions
  • LockBox Research
  • United Bank Credit Card
  • Retirement iPlan
  • Shareholder Services
  • One-Time Loan Payment
  • PCLC Online Payments
Search search
Site Menu
  • Personal
    • Bank
      • ACCOUNTS & CARDS
      • Checking
      • Savings and Money Market
      • Certificates of Deposit (CDs)
      • IRAs
      • WAYS TO BANK
      • Bank on the Go
      • Bank from Home
      • How We Help Protect You
      • All Ways to Bank
    • Borrow
      • MORTGAGES
      • Mortgages
      • LOANS & CREDIT LINES
      • Home Equity Line of Credit
      • Personal Loans
  • Business
  • Wealth
  • ATM & Branch
  • Customer Support
  • About Us
  • Careers
  • About Us
  • Careers
  • Personal
  • Business
  • Wealth
  • ATM & Branch
  • Customer Support
Peole's United logo with tagline,  A Division of  M&T Bank
  • Bank arrow_drop_up
    • ACCOUNTS & CARDS
    • Checking
    • Savings and Money Market
    • Certificates of Deposit (CDs)
    • IRAs
    • WAYS TO BANK
    • Bank on the Go
    • Bank from Home
    • How We Help Protect You
    • All Ways to Bank
  • Borrow arrow_drop_up
    • MORTGAGES
    • Mortgages
    • LOANS & CREDIT LINES
    • Home Equity Line of Credit
    • Personal Loans
  • search
  • Log in
arrow_drop_up
  • Personal
  • Business
  • Other
Is your contact information up to date? Log into Online Banking to review and update your email, phone and mailing address.

LOG IN NOW
Invalid Character
Can't Log In? Enroll in Online Banking
AlwaysChecking Enroll/Login
Take Action As Soon As Possible Please enroll in People’s United eTreasury+ for Online Business Banking by August 26, 2022 to ensure you don't lose digital access to your business account(s) when they transition to M&T Bank.

ENROLL NOW
Invalid Company ID
Invalid User ID
Can't Log In? Enroll in eTreasury+
  • Online Investing
  • Commercial Credit Cards
  • Client Point
  • Consumer Loan Servicing
  • LockBox Exceptions
  • LockBox Research
  • United Bank Credit Card
  • Retirement iPlan
  • Shareholder Services
  • One-Time Loan Payment
  • PCLC Online Payments
close
How can we help ?
Posted July 31, 2017

People’s United Bank Completes Acquisition of LEAF Commercial Capital, Inc.

People's United Bank in the News

BRIDGEPORT, CT - JULY 31, 2017

People's United Bank, N.A. today announced the completion of its acquisition of Philadelphia, PA based LEAF Commercial Capital, Inc. The transaction brings the total assets of People's United equipment finance units to approximately $4 billion, which ranks as the 16th largest bank-owned equipment finance entity in the country, and is immediately accretive to People's United earnings.

"LEAF is a dynamic organization built on a highly scalable technology-enabled financing platform, leading automation, strong brand identity, and outstanding people," said Jack Barnes, President and Chief Executive Officer. "The strength of our combined leasing and equipment finance expertise will provide for an exceptional customer experience."

Since 2002, LEAF has financed over $5.8 billion for more than 243,000 customers nationwide and provides expertise and equipment finance solutions to a wide variety of vendors and end users. LEAF has nationwide reach with approximately 250 employees, headquarters in Philadelphia, PA, and offices in Orange County, CA as well as Moberly, MO.

"As part of People's United Bank, LEAF can continue to serve the markets we know well, to the standard we're known for, while accelerating our growth," said Crit DeMent, Chairman and CEO of LEAF Commercial Capital. "LEAF's acquisition by People's United was quite clearly the next logical step forward for both of our companies." DeMent and Miles Herman, President and Chief Operating Officer, will remain with the business.

J.P. Morgan Securities LLC served as financial advisor and Simpson Thacher & Bartlett LLP served as legal counsel to People's United Bank. Keefe, Bruyette & Woods, Inc. served as financial advisor and Winston & Strawn LLP and Ballard Spahr LLP served as legal counsel to LEAF Commercial Capital, Inc.

About People's United Bank
People's United Bank, N.A. is a subsidiary of People's United Financial, Inc. (NASDAQ: PBCT), a diversified financial services company with over $43 billion in assets. People’s United Bank, founded in 1842, is a premier, community-based, regional bank in the Northeast offering commercial and retail banking, as well as wealth management services through a network of over 400 retail locations in Connecticut, New York, Massachusetts, Vermont, New Hampshire and Maine.

About LEAF Commercial Capital, Inc.
LEAF Commercial Capital, Inc. ("LEAF"), headquartered in Philadelphia, PA, with offices in Moberly, MO and Orange, CA, is one of the leading equipment leasing and finance companies in the U.S. Through its highly automated origination platform, it facilitates the equipment needs of small, mid-sized and enterprise businesses. LEAF serves these needs both directly and through referral relationships with manufacturers, distributors and dealers of essential-use equipment and software in a variety of business sectors, including office products, telephony, technology, medical and light industrial. Learn more at www.LEAFnow.com.

BACK TO PRESS ROOM

By using People's United Online Banking, you agree to the People's United Electronic Services Agreement.

ABOUT
  • About Us
  • Careers
  • Community
  • Press Room
  • Investor Relations
SITES
  • Personal
  • Business
  • Wealth
  • Site Feedback
SERVICE AND SUPPORT
  • Support Center
  • Security Center
  • Find a Branch
  • Mobile Banking
  • Online Banking
TERMS & CONDITIONS
  • Privacy
  • Online Terms
  • Servicemember Information
  • Accessibility Options
Peole's United logo with tagline,  A Division of  M&T Bank