About Peoples United Bank

People's United Bank is the largest regional banking organization headquartered in New England. With the acquisition of the Chittenden group of banks in January 2008, it has grown to more than $20 billion in assets, and approximately 300 branches in Connecticut.
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Message From the Business

People’s United Bank Scheduled to Close 15 Branches: http://www.mybanktracker.com/bank-news/2012/02/22/peoples-united-bank-shutter-15-branches-postacquisition-restructuring/

Overall Rating

MyBankTracker Grade

C+
Customer Rating
Based on 38 Reviews
Financial Health
Based on Texas Ratio: 12.72
Bank Fees
vs. Average
Bank Rates
vs. Average
Number of Locations
vs. Similar Institutions
Mobile Banking
Quality of Mobile Services

Locations & Hours

Peoples United Bank Location Map
Peoples United Bank Location Map
We found branches close to you and 440 nationwide.
View Locations & Hours

Customer Reviews

Most Helpful Customer Reviews

JasonG's Profile Image

Reviewed by JasonG

May 26th 2014

5 out of 5 marks

Commercial Checking Account

I have been a customer of People's bank for almost ten years now. I have a commercial account for my local painting business. My mother has held a personal checking and savings account for much longer.

I have had nothing but good experiences dealing with this bank. I love that the hours and that it is open 7 days a week! I have been spending more time in Florida now and my experiences here with banks, such as Wachovia, have been terrible.

I wish that People's had branches in the Tampa Bay area!

Is this review helpful? ▲ Yes 1 ▼ No 1

Nancy C's Profile Image

Reviewed by Nancy C

Dec 11th 2010

3 out of 5 marks

People's United Bank is doing worse than before.

I have been a customer of People's bank for over 10 years, they used to be a very good bank, they had good rates , accurate statements and nice office hours.

Since they changed to their new system, they made 2 mistakes on my statement.

1. I created a CD a few months ago, they doubled the amount on my CD.

2. I closed a different CD a quite while ago, they left a dollar in my CD, I continue getting a renew letter to renew it. After I finally closed it, they did not rollover interest rate, I still got a letter once a month to ask me to renew it.

3. Their new phone system is not better than the old one, finally I used to it.

Is this review helpful? ▲ Yes 2 ▼ No 1

Rugy34's Profile Image

Reviewed by Rugy34

Dec 18th 2013

1 out of 5 marks

Checking account

This is the worst bank you can go to they screw you every way they can I've paid 500 dollars in fees this month alone and they did it all to me they charged me 12 dollars a month when I was told if I pay 5 bills or more it would be free nope lie I pay 10 bills a month on line and they still charged me and since they did that I bounced all my bills ask me how ready they made my account negative charged me 30 dollar fee for returning it then paid and charged me 37 dollar fee cause I used the ATM and deposited my check I call custmer service and didn't get no where I talked the manager and was told it was my promblem so rude thought I was going to jail that day I raise 2 kids and they treated me like I was nothing and all started cause I was $2.36 negative in my account and the 12 dollar month fee bounced everything I can't believe this I'm so done with bank the worst I ever been too.

Is this review helpful? ▲ Yes 3 ▼ No 0

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Bank Rates

NAME RATE (APY) MIN TO EARN APY Min Deposit
Peoples United Bank Savings

0.02%

$0

$0

TERM RATE (APY) Min Deposit
4 Month CD

0.15%

$500

5 Month CD

0.15%

$500

6 Month CD

0.15%

$500

7 Month CD

0.15%

$500

8 Month CD

0.15%

$500

9 Month CD

0.15%

$500

10 Month CD

0.20%

$500

11 Month CD

0.25%

$500

12 Month CD

0.30%

$500

15 Month CD

0.30%

$500

18 Month CD

0.40%

$500

24 Month CD

0.40%

$500

24 Month CD

0.40%

$500

36 Month CD

0.80%

$500

48 Month CD

0.90%

$500

60 Month CD

1.00%

$500

Banking Fees

Type Fee National average
Monthly Inactivity

N/A

$7

Non-Sufficient Fund (Overdraft)

$36

$30

Stop Payment item

N/A

$27

Return Deposit

N/A

$14

Domestic Wire Transfer (Outbound)

N/A

$22

Domestic Wire Transfer (Inbound)

N/A

$9

Non-Bank ATM

N/A

$1