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Bridgeport Center (also known as the People's Bank Building) is a continuous complex of low to mid-rise office buildings in downtown Bridgeport, Connecticut. The complex served as the headquarters of People's United Financial, now a subsidiary of M&T Bank. It is to serve as the regional headquarters of M&T Bank in New England. [2]
In 1981, the bank became the first in the country to provide a telephone bill paying service. After acquiring People's Bank of Vernon, CT, in 1983, the company was renamed People's Bank. [5] [6] It then acquired several other banks in New England to become the second largest in the region.
2019: On July 15, 2019, People's United Bank (Bridgeport, Conn.) and United Bank announced they would be joining forces in an all-stock transaction totaling $759 million. People's United's acquisition of UBNK completed on November 1, 2019. [3] 2022: People's United Bank is itself subsumed into M&T Bank. [4]
The merger was delayed for months and controversial for the number of jobs lost at People’s United’s Bridgeport headquarters. Buffalo-based M&T’s $8.3 billion acquisition, announced more ...
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The company merged on January 1, 2008, with People's United Bank in Bridgeport, Connecticut. Chittenden Corporation was a bank holding company that provided financial services through its banking subsidiaries. The company was the holding company parent and owned 100% of the common stock of Chittenden Trust Company (doing business as Chittenden ...
People's United Bank Routing Number In the event you need to wire funds to or from your People's United account, this is the routing number you'll use: Keep in mind there will likely be a transfer ...
In 2004, RBS purchased the credit card division of Connecticut-based People's Bank. [16] [17] This purchase allowed Citizens to issue and market its own credit cards. In October 2015, RBS sold its remaining stake in Citizens Financial Group, having progressively reduced its stake through an initial public offering (IPO) started in 2014. [18]