People's United Financial, Inc. functioned as the parent company for People's United Bank, National Association, offering a comprehensive suite of financial services. These services encompassed commercial, retail, and wealth management solutions, catering to a diverse clientele that included individuals, corporations, and municipal entities. Its commercial banking segment provided various offerings such as business deposit accounts, commercial real estate financing, specialized lending for middle-market and smaller businesses, equipment leasing, mortgage warehouse and asset-based loan facilities, advanced treasury management services, and capital market access. For consumers, it delivered personal loan products like residential mortgages and home equity lines of credit, in addition to multiple deposit-gathering options. Beyond traditional banking, the company also extended a range of wealth management and other services, including brokerage, financial and investment advisory, comprehensive investment management, life insurance, financial planning, non-institutional trust services, cash management, municipal banking, online and telephone banking, and investment trading capabilities. As of March 4, 2022, People's United Financial maintained an operational presence with approximately 400 retail branches spread across Connecticut, New York, Massachusetts, Vermont, New Hampshire, and Maine. This network was further supported by 562 automated teller machines (ATMs). Founded in 1842, the company's headquarters are located in Bridgeport, Connecticut. Subsequently, effective April 2, 2022, People's United Financial, Inc. transitioned to operate as a subsidiary of M&T Bank Corporation.


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