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People’s United to close branches in Greenwich and Westport

Sixteen other Connecticut branches and three in Massachusetts will also be shut down.

People’s United completes $759M acquisition of United Financial; branch closings to...

Bridgeport-based People’s United has also surpassed Webster Financial Corp. for the most Connecticut deposits by an in-state lender. As of June 30, its $21.2 billion in Connecticut deposits topped Webster’s $19.3 billion. 

People’s United acquisition of United Financial expected to close Nov. 1

A special meeting of United Financial’s shareholders to vote upon the acquisition and related matters is scheduled to be held tomorrow.

People’s United snares Hartford’s United Bank for $759 million

Established in 1858 and headquartered in Hartford, United Bank is a full-service community financial services firm with $7.3 billion in assets.

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.

Banks leading efforts to help affected workers during shutdown

Still looming: the effect of the Small Business Administration's closure. “We’ve got loans that have been approved or are in the process of being approved that are waiting for the SBA,” says Patriot Bank President Richard Muskus Jr. “The SBA had better be ready for a tidal wave of backlog.”

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.

After run of acquisitions, People’s United focuses on organic growth, tech

Looking ahead, bank President Jeff Tengel reiterated that technology remains a key challenge, both for People’s and the banking industry in general.

People’s United acquiring Farmington Bank for $544 million

Established in 1851, Farmington Bank is a community bank with 28 branches throughout Central Connecticut and Western Massachusetts. With $3.1 billion in assets, the bank has focused on commercial and retail banking.

People’s United donating $5M to Quinnipiac U., gets naming rights of...

Quinnipiac will match the $5 million donation and move its universitywide banking to People’s United for the 10-year term coinciding with the agreement.

Jeff Tengel named president at People’s United

Tengel joined People's United in 2010 to lead its commercial division.

People’s United reports strong 4th quarter, year-end results

For the year ended Dec. 31, 2017, operating earnings totaled $345.8 million – the highest in the bank’s 175-year history.

Business leaders: Uncertainty, unsettled issues cloud 2018 forecast

“We will struggle to grow by zero to 1 percent," forecasts Connecticut Business & Industry Association President and CEOJoe Brennan.

People’s United Bank still growing after 175 years in business

Today People’s totals assets are about $44 billion – more than double the $21 billion it had when President and CEO Jack Barnes took the helm.

People’s United nabs New York City investment firm

Gerstein Fisher's founder/CIO, Gregg S. Fisher, will join People's United as head of quantitative research and portfolio strategy.