*This cash reward applies when a "New Customer" opens a new People's United personal checking account (an "Account") between 2/28/12 and 4/30/12 and submits to the Bank a Refer-a-Friend Certificate that has been properly completed by an "Existing Customer" at the time of account opening. A "New Customer" is an individual who has no personal checking accounts at People's United Bank, has not had any personal checking accounts at People's United Bank during the preceding 90 days, and does not reside in the household of an "Existing Customer." An "Existing Customer" is an individual who has an existing personal People's United Bank checking account. If a new Account will be held by more than one person, and any of those persons is not a "New Customer," the Account will not be eligible for this offer. Title to the new account must be held by one or more New Customers in one of the following two ways: individually or jointly. To earn the rewards, the New Customer must take any one of the following three actions within 60 days of opening his or her Account: 1) Receive at least one direct deposit of at least $100 in the checking account. Direct Deposit transactions are limited to payroll, Social Security, pension and government benefits. PayPal® transactions and federal and state tax refunds are excluded; 2) Obtain a Debit Card that is linked to the Account and then use the Debit Card to make at least 10 purchases of at least $25 each; 3) Make at least five payments of at least $25 each to third parties through your checking account using People's United Online Banking. If the New Customer presents a properly completed Certificate and satisfies any one of these three requirements, People's United Bank will credit $50 to the New Customer's Checking Account and $50 to the Existing Customer's Checking Account by 7/13/12. The checking account must be open and in good standing at time of reward crediting. The minimum deposit to open the account and earn the reward is $25. Fees may reduce earnings. Reward will be subject to tax reporting. A New Customer may present only one Refer-a-Friend Certificate at the time he or she opens a new Account. The New Customer and the Existing Customer cannot open their Account on the same day. This offer may not be combined with other offers and may be withdrawn at any time without notice. If this offer is not withdrawn sooner, it will expire on 4/30/12.Non-Branch and non-Call Center employees are eligible to refer accounts and receive the reward. Accounts opened by People's United Bank employees and their immediate family members and members of their household are not eligible for the reward.