Company Information

Get to know People's United Bank

Founded in 1842 as Bridgeport Savings Bank in Connecticut, People's United Bank grew to become a prominent regional financial institution in the Northeastern United States. It offered a diversified portfolio of financial services, including personal and business banking, loans, mortgages, wealth management, and investment services. The parent company, People's United Financial, Inc., was publicly traded under the symbol PBCT. In a major consolidation within the regional banking sector, M&T Bank Corporation completed its acquisition of People's United Financial, Inc. in April 2022, and all People's United Bank branches and accounts were subsequently converted to M&T Bank.

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People's United Bank

United States

Founded in

1942 (84 Years)

Founded

Last online: No recent activity

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

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BVI FSC

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.