People's United Financial

People's United Financial, Inc.
Company typeSubsidiary
Nasdaq: PBCT
IndustryFinancial services
Founded
  • 1842 as Bridgeport Savings Bank
  • 1927 as Bridgeport-People's Savings Bank
  • 1955 as People's Savings Bank-Bridgeport
  • 1983 as People's Bank
  • 2007 as People's United Bank
Defunct2022 (2022)
FateMerged into M&T Bank
Headquarters
Bridgeport, Connecticut
,
U.S.
Number of locations
403 branches
Key people
George P. Carter (chairman)
John P. Barnes (CEO)
R. David Rosato (CFO)
Total assetsIncrease $58.590 billion (2019)
Total equityIncrease $7.947 billion (2019)
Number of employees
5,188 (2017)
ParentM&T Bank
Websitewww.peoples.com
Footnotes / references
[1]
Map of People's United branches as of March 2013.

People's United Financial, Inc., was an American bank holding company that owned People's United Bank.[1] The bank operated 403 branches in Connecticut, southeastern New York State, Massachusetts, Vermont, Maine, and New Hampshire.[1] It was the second-largest full-service bank in New England, one of the largest in the northeast, and the 46th-largest in the United States.[2]

On April 2, 2022, the bank merged with M&T Bank and was fully integrated into M&T by the third quarter of 2022.[3]

  1. ^ a b c "People's United Financial, Inc. 2017 Form 10-K Annual Report". U.S. Securities and Exchange Commission.
  2. ^ "Largest Banks in the United States 2017". www.relbanks.com. Retrieved 2017-12-25.
  3. ^ "M&T Bank Corporation Completes Acquisition of People's United Financial, Inc" (Press release). M&T Bank. April 2, 2022.