People's United Bank

Deposits held and insured by M&T Bank

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.

Such Terrible Customer Service It’S Laughable

Posted by: |

My entire family used to bank with Peoples and we have all experienced incredibly rude and unhelpful consumer service and wildly ludicrous fees for minor things. I swear, DO NOT BANK WITH THEM unless you want to have your money monopolized and taken from you. My brother had four separate overdraft fees after a check didn’t deposit correctly, all for small purchases throughout his work day (lunch, coffee, gas) and while on the phone with them they denied refunding him any except one, despite all being within an hour of each other, clearly unintentional, and he was not notified by email he had even over-drafted his account. He closed his account that day and is now banking at a local credit union where they actually respect and value their customers instead of just profiting off of us.

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Health
A

Data as of Q4 2020

Data displayed below is for insuring bank: M&T Bank
Learn why bank health matters

Health Grade Components

Overall
FDIC Certificate #588
Year Established1856
Employees16416
Primary RegulatorFED
Profit Margin
Return on Assets - YTD1%
Return on Equity - YTD8.52%
Annual Interest Income$4.19B
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$142.2B$119.4B
LoansQ4 2020vs Q4 2019$96.70B$89.74B
DepositsQ4 2020vs Q4 2019$121.1B$96.44B
Equity CapitalQ4 2020vs Q4 2019$15.92B$15.13B
Loan Loss AllowanceQ4 2020vs Q4 2019$1.73B$1.05B
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$1.89B$1.09B
Real Estate OwnedQ4 2020vs Q4 2019$34.3MM$85.1MM
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
0.01%--Plus Savings
0.01%--Advantage Savings
0.01%--Premier Advantage Savings

People's United Bank Money Market Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.05%*$100k*-Plus Money Market
OTHER TIERS: 0.01% Up to $10k | 0.02% $10k - $50k | 0.03% $50k - $100k
0.05%*$75k*-Advantage Money Market
OTHER TIERS: 0.01% Up to $10k | 0.02% $10k - $50k | 0.04% $50k - $75k
0.05%*$50k*-Premier Advantage Money Market
OTHER TIERS: 0.01% Up to $10k | 0.04% $10k - $50k

People's United Bank Checking Account Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.01%--Premier Advantage Checking

People's United Bank CD Rates

APYMINMAXACCOUNT NAMEVIEW DETAILS
0.40%$500-5 Year Plus CD
0.30%$500-3 Year Plus CD
0.20%$500-15 Month Plus CD
0.15%$500-4 Year Plus CD
0.10%$500-2 Year Plus CD
0.10%$500-10 Month Plus CD
0.10%$500-11 Month Plus CD
0.10%$500-1 Year Plus CD
0.10%$500-18 Month Plus CD
0.05%$500-91 Day Plus CD
0.05%$500-4 Month Plus CD
0.05%$500-5 Month Plus CD
0.05%$500-6 Month Plus CD
0.05%$500-7 Month Plus CD
0.05%$500-8 Month Plus CD
0.05%$500-9 Month Plus CD
Locations

Availability

New York Area

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The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.