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🔒CT banks are enjoying a record run of profits, but some lenders question if it will last

The state’s job recovery and economic growth rate since the Great Recession have lagged the nation, but Connecticut banks are collectively doing better than ever.

🔒Barnes to oversee growing People’s United Bank empire in 2020

As chairman and CEO of People’s United Bank and its parent, People’s United Financial, Jack Barnes has a growing empire to manage from his 16th-floor corner office in Bridgeport that overlooks the harbor below.

After $759M acquisition, People’s United to shutter 18 CT branches

Bridgeport-based regional lender People’s United Bank will close 18 Connecticut branches of Hartford-based United Bank, which it acquired Nov. 1, for $759 million.

New York bank to break into CT market with Greater Hartford office

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.
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As $759M People’s-United Bank deal closes, rumblings of reduced Hartford footprint

People’s United Financial, parent of People’s United Bank, on Friday closed its $759 million acquisition of Hartford-based United Financial Bancorp.

$759M People’s United-United Bank deal could wrap Nov. 1

People’s United Financial’s $759 million acquisition of Hartford-based United Financial Bancorp could close as soon as Nov. 1, the latter institution said Friday.

People’s United’s 2Q net climbs

People’s United Financial Inc. posted higher second-quarter earnings from strong revenue and expense control as the Bridgeport...

Merger-bound United Bank posts 2Q loss

Hartford community lender United Financial Bancorp Inc., preparing to merge with Bridgeport lender People’s United Financial, posted...
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Shrunken staff, branches await People’s United-United Bank merger

In-state bank mergers typically come with layoffs and branch closures, and that is likely to be true...

People’s United Bank to buy United Bank for $759M

People's United Bank isn’t slowing its buying spree, announcing late Monday a plan to acquire Hartford’s United...
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