Peoples Savings Bank & Trust

Status:Inactive as of 07/31/1997
 Merger - Without Assistance
Successor Bank:Webster Bank
Headquarters:Peoples Savings Bank & Trust
123 Broad Street
New Britain, CT 06050
Established:05/01/1907
FDIC Insurance:07/01/1960
FDIC Cert:#18211
Charter Class:
Total Assets:$465,849,000
Total Deposits:$362,187,000

History

1907-05-01Institution established: Original name:The People's Savings Bank
1986-08-31Changed organization type to STOCK SAVINGS BANK
1993-06-15Change trust powers from TRUST POWERS NOT GRANTED to LIMITED TRUST POWERS GRANTED
1994-11-07Acquired New Meriden Trust and Safe Deposit Company, National Association (33923) in MERIDEN, CT as part of a government assisted transaction.
1996-11-06Changed name to Peoples Savings Bank & Trust
1997-07-31Merged into and subsequently operated as part of Webster Bank (18221) in WATERBURY, CT
1998-04-15Acquired Eagle Bank (28052) in BRISTOL, CT
1999-04-21Acquired Maritime Bank & Trust Company (33402) in ESSEX, CT
1999-05-19Acquired The Village Bank & Trust Company (21819) in RIDGEFIELD, CT
1999-12-01Acquired Olde Port Bank and Trust (26817) in PORTSMOUTH, NH
1999-12-01Acquired Community Bank (26193) in BRISTOL, CT
1999-12-01Acquired New England Bank and Trust Company (20536) in WINDSOR, CT
1999-12-01Acquired The Equity Bank (27036) in WETHERSFIELD, CT
2000-06-23Acquired Mechanics Savings Bank (17941) in HARTFORD, CT
2003-11-07Acquired The North American Bank & Trust Company (22586) in WATERBURY, CT
2004-04-21Changed institution class to INSURED COMMERCIAL BANK, NATIONAL, MEMBER FRS
2004-04-21Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to COMPTROLLER OF THE CURRENCY
2004-04-21Changed organization type to COMMERCIAL BANK
2004-04-21Changed name to Webster Bank, National Association (18221)
2004-04-21Acquired Webster Trust Company, National Association (33932) in WATERBURY, CT
2004-05-14Acquired First Federal Savings Bank of America (30294) in FALL RIVER, MA
2004-12-03Acquired First City Bank (32721) in NEW BRITAIN, CT
2005-02-28Acquired State Bank of Howards Grove (12356) in HOWARDS GROVE, WI
2006-10-06Acquired NewMil Bank (18259) in NEW MILFORD, CT

Financial Information (1996-12-31 and Older)