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.
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
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.
We had lots of $$ in our savings. Found a vehicle we wanted to purchase in another state while we were there Called to have them wire transfer to the dealer. Nope, sorry, no can do for that amount of money. Seriously? It's our money! Asked if there was anything else we could do, got put on hold for twenty minutes before I hung up and called back. Next person said, we could go to a branch to do the transfer. I advised the closest branch was 500 miles away. Response was oh well, sorry". Go elsewhere!
Overall | |
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FDIC Certificate # | 588 |
Year Established | 1856 |
Employees | 16750 |
Primary Regulator | FED |
Profit Margin | |
---|---|
Return on Assets - YTD | 1.23% |
Return on Equity - YTD | 11.28% |
Annual Interest Income | $3.93B |
Assets and Liabilities | ||
---|---|---|
Assets | Q4 2021vs Q4 2020 | $154.7B$142.2B |
Loans | Q4 2021vs Q4 2020 | $91.37B$96.70B |
Deposits | Q4 2021vs Q4 2020 | $133.7B$121.1B |
Equity Capital | Q4 2021vs Q4 2020 | $16.75B$15.92B |
Loan Loss Allowance | Q4 2021vs Q4 2020 | $1.47B$1.73B |
Unbacked Noncurrent Loans | Q4 2021vs Q4 2020 | $2.03B$1.89B |
Real Estate Owned | Q4 2021vs Q4 2020 | $23.6MM$34.3MM |
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.
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
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0.01% | - | - | Plus Savings | |
0.01% | - | - | Advantage Savings | |
0.01% | - | - | Premier Advantage Savings |
APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
---|---|---|---|---|
0.01% | - | - | Premier Advantage Checking |