Farmington Bank

A New York-based community bank that operates in six states and has nearly $10 billion in assets is entering the Connecticut market with some familiar names.

The darker side of merger-and-acquisition activity was on display with the recent announcement that Farmington Bank will shed more than a quarter of its workforce after its $544 million buyout by Bridgeport-based People's United Financial Inc. closes later this year.

Bridgeport-based People's United Bank intends to lay off 95 Farmington Bank employees once its $544 million acquisition of the community lender is complete, according to a state Department of Labor filing.

Dozens of Farmington Bank employees recently taught the fundamentals of work readiness, entrepreneurship and financial literacy to...

In the past few weeks, two Connecticut community banks, each with well over 100 years of history serving central Connecticut, announced their sale to larger banks.

Bridgeport super-regional lender People's United Bank is acquiring community lender First Connecticut Bancorp Inc., the holding company parent of Farmington Bank, for approximately $544 million.

State and Travelers Championship officials kicked off a week-long worth of events Monday at the TPC River Highlands in Cromwell.

A Wells Fargo & Co.-administered small business program that aims to spur minority business growth has awarded...

In celebration of its new Manchester branch, Farmington Bank presented four $1,500 checks from the Farmington Bank...

Former Major League Baseball pitcher and Farmington Bank's celebrity spokesperson Tim Wakefield recently greeted the public and...