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800-894-0300
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 46th largest bank in the nation. It was established in 1988 and as of June of 2017, it had grown to 5,233 employees at 407 locations. People's United Bank has an A+ health rating.

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No bounced check fees!

Posted by: wolfluvr | Jun 29, 2015

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.

Great experience if you can find a walk in branch

I have been banking with People's United bank for several years now. In the beginning it was called People's Bank, which was very appropriate because they were really customer service driven, for the "people". I live in a small town where there was a local branch that you could walk in to do your banking , and it also had a drive up window. The drive up window was very convenient, the service outside and inside was outstanding. I started out with a checking account and savings account, checking had a very small minimum and there weren't any fees for using the ATM or using a foreign ATM. As time went on, the fees and balance minimums changed, making it challenging to avoid having any monthly fees. The system was also changing, less drive up windows and less walk in branches. Today I am still with them, but seriously thinking of changing banks. I have to go into a Stop and Shop grocery store if I need to go to the branch to get something done or speak with someone. If I am looking for a stand alone branch I have to drive 25 minutes to get to one. When I do go into the bank at the grocery store or a stand alone branch, the customer service is excellent, the employees try to treat you as if they know you and they are still that small town bank. Unfortunately, I feel very inconvenienced by them and will probably move on.

People's Bank

People's bank is local to my area. They do not provide many web services. I hate that I cannot easily check my balance from my phone. I was accidentally charged an overdraft fee when I had money in my account and they refused to take it off. I had a very poor experience with customer service and they provided no help.

People's United -- No Love Lost For This Former Customer

Posted by: neuk51 | Aug 15, 2017

If ever a banks name and branding were more ironic than "People's United Bank," it would amaze me.

My wife and I have joint checking / savings with People's, but do most of our financial arrangements with DCU and Capitol One. Prior to retirement we used People's for direct deposit of my wife's checks, but rarely availed ourselves of its checking. Believing we had a checking balance at minimum around $300, I checked online last Saturday and found we had a grand total of $2.94 -- People's had been withdrawing $25 per month for years as a "monthly checking service fee." That's $300 per year, and this must've been going on for at least 4 years. Nice. What could possibly be the "service fee" on an account (with paperless statements) that is almost inactive. I'd called them in January in response to an email that merely told me my checking account was under balance, and had directly asked what the implication for this might be by way of penalties. I was told that the email was simply a public service communication and that "there is no downside" to being under balance.

Yes, I should've checked my e-statements, I own the responsibility for this. Why didn't I? Because few if any banks still have this "minimum requirement" clause, i.e., Capital One, DCU, Bank of American, Barclays, etc.

When I called them, the agent suggested quite rightly that I might want to close my account because after the checking account is wiped out with the $25 fee, they will begin billing me directly. Incredible. A personal visit to the local branch manager was equally useless. Caveat emptor doesn't begin to summarize my disgust for these bottom feeders --

VIEW MORE REVIEWS

Health
A+

Health Grade Components

Overall
FDIC Certificate #27334
Year Established1988
Employees5233
Primary RegulatorOCC
Profit Margin
Return on Assets - YTD0.69%
Return on Equity - YTD5.36%
Annual Interest Income$626.7MM
Assets and Liabilities
AssetsQ2 2017vs Q2 2016$42.71B$39.74B
LoansQ2 2017vs Q2 2016$31.45B$28.91B
DepositsQ2 2017vs Q2 2016$32.06B$29.11B
Equity CapitalQ2 2017vs Q2 2016$5.65B$4.97B
Loan Loss AllowanceQ2 2017vs Q2 2016$231.6MM$220.4MM
Unbacked Noncurrent LoansQ2 2017vs Q2 2016$197.6MM$176.7MM
Real Estate OwnedQ2 2017vs Q2 2016$11.0MM$13.0MM
Rates
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* The APY shown varies based on the deposit amount. Expand the listing to see APYs for other deposit amounts.

People's United Bank Savings Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.10%--Premier Business Savings
0.05%*$100k*-Business Savings
OTHER TIERS: 0.02% Up to $100k
0.05%--Business Advantage Savings
0.05%--Non-Profit Business Savings
0.02%--Business Statement Savings
0.02%--Municipal Savings
0.02%--Escrow Business Savings
0.02%--Plus Savings
0.02%--Advantage Savings
0.02%--Premier Advantage Savings

People's United Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.30%*$100k*-Escrow Business Money Market
OTHER TIERS: 0.15% Up to $50k | 0.20% $50k - $100k
0.30%*$75k*-Premier Advantage Money Market
OTHER TIERS: 0.05% Up to $10k | 0.15% $10k - $25k | 0.20% $25k - $50k | 0.25% $50k - $75k
0.25%*$75k*-Business Advantage Money Market
OTHER TIERS: 0.05% Up to $10k | 0.10% $10k - $25k | 0.15% $25k - $50k | 0.20% $50k - $75k
0.25%*$100k*-Non-Profit Money Market
OTHER TIERS: 0.05% Up to $10k | 0.10% $10k - $50k | 0.15% $50k - $75k | 0.20% $75k - $100k
0.25%*$100k*$10mPremier Business Money Market
OTHER TIERS: 0.20% Any amount
0.25%*$3m*-Municipal Money Market
OTHER TIERS: 0.10% Up to $100k | 0.20% $100k - $3mm
0.25%*$75k*-Advantage Money Market
OTHER TIERS: 0.05% Up to $10k | 0.10% $10k - $25k | 0.15% $25k - $50k | 0.20% $50k - $75k
0.20%*$100k*-Business Money Market
OTHER TIERS: 0.05% Up to $10k | 0.10% $10k - $50k | 0.15% $50k - $100k
0.20%*$100k*-Plus Money Market
OTHER TIERS: 0.05% Up to $10k | 0.10% $10k - $50k | 0.15% $50k - $100k
0.10%*$10k*-Client Escrow Money Market Checking
OTHER TIERS: 0.08% Up to $10k
0.10%*$1m*-Municipal Escrow Money Market Checking
OTHER TIERS: 0.05% Up to $1mm

People's United Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%*$100k*-Escrow Checking with Interest
OTHER TIERS: 0.02% Up to $100k
0.02%--Business Checking with Interest
0.02%--Non-Profit Business Checking with Interest
0.02%--Municipal Checking with Interest
0.02%--Premier Advantage Checking

People's United Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
1.60%--2 Year Plus CD
1.40%--1 Year Plus CD
1.00%--5 Year Plus CD
1.00%--Business Advantage 5 Year CD
0.90%--4 Year Plus CD
0.90%--Business Advantage 4 Year CD
0.85%--Business 5 Year CD
0.85%--Business 8 Year CD
0.80%--3 Year Plus CD
0.80%--Business Advantage 3 Year CD
0.75%--Business 4 Year CD
0.70%--Business Bump-Up 4 Year CD
0.65%--Business 3 Year CD
0.65%--Business 3 1/2 Year CD
0.61%--Business 4 Year Variable Rate CD
0.56%--Business 2 Year Variable Rate CD
0.56%--Business 3 Year Variable Rate CD
0.50%--Business 2 1/2 Year CD
0.40%--18 Month Plus CD
0.40%--Business Advantage 18 Month CD
0.40%--Business Advantage 2 Year CD
0.35%--Business Advantage Bump-Up 2 Year CD
0.35%--Business Elite 271 to 365 Day CD
0.30%--15 Month Plus CD
0.30%--Business 18 Month CD
0.30%--Business 21 Month CD
0.30%--Business 2 Year CD
0.30%--Business Advantage 1 Year CD
0.30%--Business Advantage 15 Month CD
0.30%--Premier Business 1 Year CD
0.25%--11 Month Plus CD
0.25%--Business Bump-Up 2 Year CD
0.20%--10 Month Plus CD
0.20%--Business 1 Year CD
0.20%--Business 15 Month CD
0.20%--Business Advantage 10 Month CD
0.20%--Premier Business 60 Day CD
0.20%--Premier Business 3 Month CD
0.20%--Premier Business 6 Month CD
0.20%--Premier Business 9 Month CD
0.20%--Business Elite 31 to 60 Day CD
0.20%--Business Elite 61 to 90 Day CD
0.20%--Business Elite 91 to 180 Day CD
0.20%--Business Elite 181 to 270 Day CD
0.20%--Municipal 181 to 365 Day CD
0.20%--Premier Municipal 181 to 365 Day CD
0.15%--91 Day Plus CD
0.15%--4 Month Plus CD
0.15%--5 Month Plus CD
0.15%--6 Month Plus CD
0.15%--7 Month Plus CD
0.15%--8 Month Plus CD
0.15%--9 Month Plus CD
0.15%--Business 10 Month CD
0.15%--Business Advantage 30 Day CD
0.15%--Business Advantage 60 Day CD
0.15%--Business Advantage 91 Day CD
0.15%--Business Advantage 4 Month CD
0.15%--Business Advantage 6 Month CD
0.15%--Business Advantage 9 Month CD
0.15%--Premier Business 30 Day CD
0.15%--Business Elite 7 to 30 Day CD
0.15%--Municipal 31 to 60 Day CD
0.15%--Municipal 61 to 90 Day CD
0.15%--Municipal 91 to 120 Day CD
0.15%--Municipal 121 to 150 Day CD
0.15%--Municipal 151 to 180 Day CD
0.15%--Premier Municipal 31 to 60 Day CD
0.15%--Premier Municipal 61 to 90 Day CD
0.15%--Premier Municipal 91 to 120 Day CD
0.15%--Premier Municipal 121 to 150 Day CD
0.15%--Premier Municipal 151 to 180 Day CD
0.10%--Business 30 Day CD
0.10%--Business 60 Day CD
0.10%--Business 91 Day CD
0.10%--Business 3 Month CD
0.10%--Business 4 Month CD
0.10%--Business 5 Month CD
0.10%--Business 6 Month CD
0.10%--Business 9 Month CD
0.10%--Municipal 7 to 30 Day CD
0.10%--Premier Municipal 7 to 30 Day CD
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