People's United Bank

People's United Bank

Infobox Company
company_name = People's United Bank
company_
company_type = Public (nasdaq|PBCT)
genre =
foundation = 1842
as "Bridgeport Savings Bank" 1842-1927
as "Bridgeport-People's Savings Bank" 1927-1955
as "People's Savings Bank-Bridgeport" 1955-1983
as "People's Bank" 1983-2007
founder =
location_city = flagicon|USA Bridgeport, Connecticut
location_country = United States
location =
origins =
key_people =
area_served = Connecticut & Westchester County, New York
industry =
products =
services =
revenue =
operating_income =
net_income =
num_employees =
parent =
divisions =
subsid =
owner =
slogan = "Everything Starts With You"
Former: "It's Possible @ People's"
homepage = http://www.peoples.com
dissolved =
footnotes =

People's United Bank, formerly People's Bank, founded in 1842 as a savings bank, is one of the largest independent banks in Connecticut, United States, based in Bridgeport.

People's Bank changed its name to People's United Bank on June 7, 2007. [ [http://www.peoples.com/pressroom/article/0,8401,14321,00.html People's Bank Changes Name to People's United Bank to Accommodate Growth Plans] , retrieved on June 15, 2007. ]

The bank's parent company is People's United Financial Inc.

John Klein, People's United Financial's chief executive officer, took two leaves of absence in 2007 to recover from cancer surgery. In November 2007, the bank named its chief financial officer as acting CEO until Klein's return. Klein died from his battle with cancer on January 25, 2008 and on February 6, 2008, the board confirmed Philip Sherrigham as the CEO.

People's United Bank announced on June 27, 2007 that they were acquiring the Burlington, Vermont, based bank Chittenden Corporation. [ [http://www.peoples.com/pressroom/article/0,8401,14328,00.html People's United Financial, Inc. to Acquire Chittenden Corporation] , retrieved on August 17, 2007. ]

Information on Chittenden Corporation and respective Banks

See Chittenden Corporation.

Notes

External links

* [http://www.peoples.com Official Website of People's United Bank]
* [http://www.eocean.com Official Website of Ocean Bank]
* [http://www.chittenden.com Official Website of Chittenden Trust Company]


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