Who We Are

People's United Bank is the largest regional banking organization headquartered in New England. With the acquisition of the Chittenden  Corporation in January 2008, it has grown to approximately $22 billion in assets and more than 300 branches in Connecticut, Maine, Massachusetts, New Hampshire, Vermont and in Westchester County, New York. Convenient, seven-day banking is offered at more than 80 of our branches in Connecticut Stop & Shop supermarket locations.

A diversified financial services company founded in 1842, People's United Bank provides consumer, commercial, insurance, retail investment and wealth management and trust services to personal and business customers. Through its subsidiaries, People's United Bank offers: brokerage, financial advisory services, investment management services and life insurance through People's Securities, Inc.; equipment financing through People's Capital and Leasing Corp. and Financial Federal Credit; and other insurance services through the People's United Insurance Agency.

People's United Bank was organized under the mutual holding company structure and went public in 1988 at a split-adjusted price of $1.20 per share. In 2006, the bank changed to a federally-chartered mutual holding company and a federal savings bank charter, providing significantly greater flexibility in opening new branches and expanding its businesses in all states. In April 2007, People's United Financial, Inc., the bank's parent company, completed the conversion from a mutual holding company structure to a full publicly-owned stock company.

As part of the conversion, the bank established a $60 million community foundation -- the largest ever created as the result of a second-step conversion. Following the completion of the conversion, the bank officially changed its name to People's United Bank in June 2007.