People's United Bank, Westborough Branch

Name:People's United Bank, Westborough Branch
Full Service Brick and Mortar Office
Review:20 client reviews
Location:8 Lyman Street
Westborough, MA 01581

Worcester County
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Phone:508-366-8650
Branch Deposit:$25,314,000
FDIC Cert:#27334
Established:2005-04-25


The Bank

Name:People's United Bank
Concentration:Commercial Lending Specialization
Established:1988-07-06
FDIC Insurance:1988-07-06
Holden By:People's United Financial, Inc.
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
# of Branches:397, view all, view on map
Website:www.peoples.com
Total Assets:$44,302,248,000
Total Deposits:$32,716,603,000
Total Equity Capital:$5,920,585,000
Total Domestic Office Deposits:$32,716,603,000
Net Income:$227,000,000
Quarterly Net Income:$114,444,000
Return on Assets:1%
Quarterly Return on Assets:1%
Return on Equity:8%
Quarterly Return on Equity:8%
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Client Review

20 client reviews of People's United Bank scored 3 out of 5.

Do not bank here
Overall Rating
Interest Rate and Cost
Office Environment & Staff
Waiting Time
Other Services
by customerbeware, Apr. 18, 2012

This bank has the most antiquated policies and procedures. Exhorbitant fees charged, under policies that make no sense. People's Bank (formerly Flagship) is not a consumer-friendly bank! All they care about is the assurance of  usurious rates money use through exhorbitant fees.  By making a customer's money "unavailable" even though that money is being held in an account at People's Bank, the bank then justifies charging fees of $40 when money is arbitrarily held as "unavailable" for days and days (even though it is right there...at the bank). This is not a good bank, in particular if you happen to be a small businesses.
The people who work there are helpful, but they have actually agreed with me that the bank's policies and procedures are not consumer-friendly.



* this reviewer has be with this bank for >10 years
* this reviewer had 3 - 5 banks before.
* this review was made on People's United Bank, Westborough Branch at Westborough, MA
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