People's United Bank


Overview / Commentary
203-338-7171
850 Main Street
Bridgeport, CT 06604

People's United Bank is headquartered in Bridgeport and is the largest bank in the state of Connecticut. It is also the 41st largest bank in the nation. It was established in 1988 and as of June of 2020, it had grown to 6,115 employees at 420 locations. People's United Bank has an A+ health rating.

No bounced check fees!

Posted by: |

I have been with People's for about 5 years or so. There are times, very few though still times, that I have made a mistake on my account. Whether it was forgetting to subtract a withdrawal or a check. Needless to say, I ended up with a negative balance. I do have money direct deposited every month. And several times they did not charge me a bounced check fee. I know they don't if the negative amount is less than $5.00, but a couple times it was a little over the $5.00 maximum.

Call Center

Posted by: |

Have been with Peoples United for about 15yrs. Generally I am pleased however, I have observed that in the last year, the call center is never available and always requires a lengthy wait for a return call from a representative. It appears that with all things, the bottom line is more important than customer service

Fine Print Gets You Every Time

Posted by: |

they were advertising a bonus of $300 if you set up direct deposit.....unfortunately you had to have $75000 on deposit to avoid monthly fees of $30. Found this out when I went in with my wife to open the account. Interestingly, I said that I had made a mistake, and the rep told me that I didn't make a mistake, I hadn't been told until I sat down!

I see it as a mistake on my part, but wow, what an admission on their part!

Did not open account.

Overdraft Fees For Payments That Were Never Returned

Posted by: |

Was wondering if anyone else has experienced PUB claiming a large payment has been returned, only to find the place you paid it to received and processed the payment with no problems or returns. This has happened to me twice in the last two months with Cox and a credit card, who both insisted the payments were made, as reflected in my online receipts and accounts. The reps at PUB insist these were returned, and twice I had to plead to excuse overdraft fees that should not have happened. Remember, overdrafts are a multi-billion dollar industry.

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Health
A+

Health Grade Components

Overall
FDIC Certificate #27334
Year Established1988
Employees6115
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.77%
Return on Equity - YTD5.94%
Annual Interest Income$973.9MM
Assets and Liabilities
AssetsQ2 2020vs Q2 2019$61.27B$51.38B
LoansQ2 2020vs Q2 2019$45.10B$38.37B
DepositsQ2 2020vs Q2 2019$50.21B$39.83B
Equity CapitalQ2 2020vs Q2 2019$7.83B$6.95B
Loan Loss AllowanceQ2 2020vs Q2 2019$414.0MM$244.0MM
Unbacked Noncurrent LoansQ2 2020vs Q2 2019$294.3MM$190.1MM
Real Estate OwnedQ2 2020vs Q2 2019$12.2MM$8.7MM
Rates
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Always verify rates and promotions with the bank or credit union. We are not People's United Bank; we are a rate comparison website and cannot provide official rates or promotions.

* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

† The rates for some products vary by region. In these cases we have listed the rates for the region closest to the bank's headquarters.

People's United Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.02%--Plus Savings
0.02%--Advantage Savings
0.02%--Premier Advantage Savings

People's United Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.15%*$75k*-Advantage Money Market
OTHER TIERS: 0.03% Up to $10k | 0.05% $10k - $50k | 0.10% $50k - $75k
0.15%*$75k*-Premier Advantage Money Market
OTHER TIERS: 0.03% Up to $10k | 0.10% $10k - $75k
0.10%*$100k*-Plus Money Market
OTHER TIERS: 0.03% Up to $10k | 0.05% $10k - $100k

People's United Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.02%--Premier Advantage Checking

People's United Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.95%$500-5 Year Plus CD
0.70%$500-3 Year Plus CD
0.55%$500-15 Month Plus CD
0.30%$500-10 Month Plus CD
0.25%$500-4 Year Plus CD
0.20%$500-2 Year Plus CD
0.15%$500-11 Month Plus CD
0.15%$500-1 Year Plus CD
0.15%$500-18 Month Plus CD
0.10%$500-91 Day Plus CD
0.10%$500-4 Month Plus CD
0.10%$500-5 Month Plus CD
0.10%$500-6 Month Plus CD
0.10%$500-7 Month Plus CD
0.10%$500-8 Month Plus CD
0.10%$500-9 Month Plus CD
Locations

Availability



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