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 March of 2019, it had grown to 5,710 employees at 405 locations. People's United Bank has an A+ health rating.
Related Posts
4/28 - People's United Bank Offers Three Competitive Plus CD Specials
4/23 - 12 Month 1.25% 18 Month 1.50% 60 Month 2.25%
6/21 - RVM Free Rewards Checking Qualification Problem For Period 05/23/2012 And Ending 06/20/2012
5/23 - Peoples United Drops Rate To 2.00% APY - No Courtesy Notice To Customers
2/29 - $50/$50 Refer-A-Friend Promo
1/27 - People's Bank Drops Rate To 2.25% (Was 2.5%) No Courtesy Notice To Customers
9/12/11 - $100 Gas Card Checking Account Promotion at People's United Bank - Northeast Only
3/15/11 - Amazon Kindle Checking Account Bonus at People's United Bank in the Northeast
2/18/10 - Competitive Long-Term CD & Savings Account Available Online at River Bank - MA & NH Only
11/9/09 - No Longer Available: 3.25% Reward Checking Account at a MA/ME Bank (Butler)
6/22/09 - 3.50% Reward Checking Account at a MA Bank (Marlborough Co-Operative)
8/17/07 - 5.55% 6-Month CD at a Massachusetts Bank (Danvers)
6/16/06 - 5.50% 9-Month CD at a Massachusetts Bank
No bounced check fees!
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.
Follow Up
I want to update my previous post: I received a call from a PUB employee who found a solution and resolved the issue. It seems as though it is just a matter of getting through to the right person. If this happens to you, ask for a call back from the internal fraud department. Don't try to speak to the company the bank contracts out to because they won't help; you're not their concern. It seems that speaking with the internal fraud department will help resolve any unnecessary debit card fraud blocking issues.**Prev Post: Peoples United blocks debit card purchases from established companies: Innocuous clothing companies, long time mobile phone carrier, established merchants. Then they call you from a # that looks like a telemarketer so you don't pick up, they don't leave a message, and next you know you're out trying to use the card but you can't because they've blocked it as potential fraudulent use because you tried to buy some clothes from Chicos or something like it. So far no one has taken responsibility or steps to fix the problem because the bank contracts card security to an outside company so the company blames the bank and the bank blames the company.It's more than inconvenient and incredibly frustrating.
Call Center
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
Money Order Fees Ridiculous!!!
My old bank, Farmington Bank, never charged a fee to customers for money orders. I'm 67, on a fixed income and don't have checks for my account because I pay everything either online or with my debit card and checks are expensive. Every once in a while I need to mail a payment. I went into the branch recently to get a money order and found out People's charges $5!!! Are you kidding me? I get free checking because I'm over 50 but they want to rip me off $5 per money order when they were always free at Farmington Bank?! No thank you! Walmart charges 70 cents! I will get my cash out and take it to Wal-Mart from now on! I'd heard People's nickels and dimes you to death and now I see it in action! Outrageous!
Data as of Q1 2019
Learn why bank health mattersHealth Grade Components
| Overall | |
|---|---|
| FDIC Certificate # | 27334 |
| Year Established | 1988 |
| Employees | 5710 |
| Primary Regulator | OCC |
| Profit Margin | |
|---|---|
| Return on Assets - YTD | 1% |
| Return on Equity - YTD | 7.34% |
| Annual Interest Income | $446.9MM |
| Assets and Liabilities | ||
|---|---|---|
| Assets | Q1 2019vs Q1 2018 | $47.88B$43.86B |
| Loans | Q1 2019vs Q1 2018 | $35.30B$31.92B |
| Deposits | Q1 2019vs Q1 2018 | $37.26B$33.32B |
| Equity Capital | Q1 2019vs Q1 2018 | $6.54B$5.69B |
| Loan Loss Allowance | Q1 2019vs Q1 2018 | $240.9MM$235.3MM |
| Unbacked Noncurrent Loans | Q1 2019vs Q1 2018 | $184.6MM$179.3MM |
| Real Estate Owned | Q1 2019vs Q1 2018 | $11.0MM$17.4MM |
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.
People's United Bank Savings Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.02% | - | - | Plus Savings | |
| 0.02% | - | - | Advantage Savings | |
| 0.02% | - | - | Premier Advantage Savings |
People's United Bank Money Market Rates
People's United Bank Checking Account Rates
| APY | MIN | MAX | ACCOUNT NAME | VIEW DETAILS |
|---|---|---|---|---|
| 0.02% | - | - | Premier Advantage Checking |
