Former People’s United Branch Sold for $3.2M in Mamaroneck
A 2,800-square-foot building in Mamaroneck, formerly home to a People’s United branch, was purchased for $3.2 million.
M&T Announces $43B Community Benefits Plan
As part of its acquisition of People’s United Bank, Buffalo-based M&T Bank has created a five-year community growth plan that will provide $43 billion in loans, investments and other financial support to communities within its footprint.
People’s United Names New Head of Wealth Management
Michael Boardman has been appointed executive vice president at Bridgeport-based People’s United Bank, head of wealth management and a member of the bank’s management committee.
People’s United Expects Branch Consolidation and Employee Reductions from United Bank Purchase
Most of the cost savings that People’s United will achieve when it completes its purchase of Hartford-based United Bank will be through staff and branch reductions.
People’s United to Purchase United Bank Parent in $759M Deal
People’s United Bank will cross the $50 billion asset threshold with its third bank purchase in a little more than a year.
Webster Bank, People’s United About Average in Customer Satisfaction Study
Webster Bank scored about average, while People’s United fell to the lower end of banks in New England included in J.D. Power’s annual U.S. Retail Banking Satisfaction Study.
People’s United Posts $132.9M Profit
People’s United Financial Inc. on Thursday reported fourth-quarter profit of $132.9 million.
Fintechs Team Up to Provide Services to People’s United
Two fintechs that are teaming up to provide digital lending solutions to small to medium-sized businesses have landed partnerships with a large Connecticut bank and another with a strong presence in Massachusetts
New Haven Called ‘Future’ of Connecticut Economy
The New Haven area’s numerous schools, medical facilities and health care companies make for the foundation of a knowledge-based economy
People’s United: 2Q Earnings Snapshot
People’s United Financial Inc. on Thursday reported second-quarter net income of $110.2 million.
People’s United Acquisition Could Preview What’s to Come
People’s United Financials’ $544 million purchase of the parent company of Farmington Bank is one of this year’s largest bank deals in the U.S.
People’s Gets Green Light For Suffolk Purchase
People’s United Financial in Bridgeport recently announced it had received permission from the Office of the Comptroller of the Currency for its purchase of the Long Island-based Suffolk County National Bank.
Gothic-Style Norwich Building Acquired, Leasing Planned
The former Norwich Savings Society Bank building located at the corner of Broadway and Main Street has been sold as part of a two-building deal.
People’s United To Buy Long Island-Based Suffolk Bancorp
People’s United Financial will beef up its New York presence with its pending acquisition of Suffolk Bancorp on Long Island, the company said Monday.
