Saturday, June 18, 2011

People's United Bank - USA


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People's United Bank, is a a federally-chartered stock savings bank headquartered in Bridgeport, Connecticut, and held under People’s United Financial, Inc. (“People’s United Financial” or the “Company”), a savings and loan holding company incorporated under the state laws of Delaware. According to CEO John Barnes, People's United Bank is the largest Independent Bank based in New England, United States. As a diversified financial services company with over $28 billion in assets, this bank provides consumer and commercial banking services through a network of subsidiary banks with approximately 416 branches in Connecticut, Vermont, New Hampshire, Massachusetts, Maine and New York. Through People's United Financial, monies are used to provide equipment financing, asset management, brokerage and financial advisory services, and insurance services. People's United also offers a People's United Bank credit card through RBS' Citizens Financial Group
Type Public
Traded as
NASDAQ: PBCT
S&P 500 Component
Industry               Banking
Founded              1842 as Bridgeport Savings Bank
1927 as Bridgeport-People's Savings Bank
1955 as People's Savings Bank-Bridgeport
1983 as People's Bank
2007 as People's United Bank
Headquarters Bridgeport, Connecticut, United States
Area served Connecticut, Vermont, New Hampshire, Massachusetts, Maine & Westchester County, New York
Key people  John Barnes
Kirk W. Walters
Net income
$198,800,000
Employees          4,788
Website              www.peoples.com