People's United Bank

Status:Inactive as of 2022-04-02
 Merger - Without Assistance
Successor Bank:Manufacturers and Traders Trust Company
Headquarters:People's United Bank
850 Main St
Bridgeport, CT 06604
Established:1988-07-06
FDIC Insurance:1988-07-06
FDIC Cert:#27334
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
# of Branches:360
Total Assets:$62,773,810,000
Total Deposits:$53,542,021,000

History

1988-07-06Acquired People's Bank (18188) in BRIDGEPORT, CT
1988-07-06Institution established: Original name:People's Bank
1991-03-28Acquired The Landmark Bank (25817) in HARTFORD, CT
1998-02-24Acquired The Norwich Savings Society (18249) in NORWICH, CT
2006-08-18Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to OFFICE OF THRIFT SUPERVISION
2006-08-18Changed institution class to OCC SUPERVISED SAVINGS BANKS
2007-06-16Changed name to People's United Bank
2009-01-01Acquired The Bank of Western Massachusetts (26942) in SPRINGFIELD, MA
2009-01-01Acquired Flagship Bank and Trust Company (27134) in WORCESTER, MA
2009-01-01Acquired Ocean Bank (4264) in PORTSMOUTH, NH
2009-01-01Acquired Chittenden Trust Company (14149) in BURLINGTON, VT
2009-01-01Acquired Maine Bank & Trust Company (33525) in PORTLAND, ME
2009-01-01Acquired Merrill Merchants Bank (33704) in BANGOR, ME
2010-04-16Acquired Butler Bank (26619) in LOWELL, MA as part of a government assisted transaction.
2010-11-30Acquired RiverBank (23288) in NORTH ANDOVER, MA
2010-11-30Acquired Bank of Smithtown (664) in SMITHTOWN, NY
2011-07-01Acquired Danversbank (90185) in DANVERS, MA
2011-07-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
2015-02-23Changed name to People's United Bank, National Association
2015-02-23Changed organization type to COMMERCIAL BANK
2015-02-23Changed institution class to INSURED COMMERCIAL BANK, NATIONAL, MEMBER FRS
2017-04-01Acquired The Suffolk County National Bank of Riverhead (7278) in RIVERHEAD, NY
2018-10-01Acquired Farmington Bank (18208) in FARMINGTON, CT
2019-04-01Acquired Belmont Savings Bank (23901) in BELMONT, MA
2019-11-01Acquired United Bank (18203) in HARTFORD, CT

Financial Information (2022-03-31 and Older)