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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.

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.