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People’s United completes acquisition of Boston bank

The BSB deal is the latest in a series of pickups by People’s. In January it acquired VAR Technology Finance, a private, independent leasing and finance company that was folded into its LEAF Commercial Capital subsidiary, which itself was acquired by People’s in 2017.

People’s United picking up Mass. bank in $327 million deal

Belmont Savings Bank has $3 billion in assets and maintains six branches in the greater Boston area.