People's United Bank, National Association

850 Main Street
Bridgeport, CT 06604

 

2018 Overview

General Bank Information

FDIC Insured Yes
FDIC Certificate # 27334
Date Established 1988
Assets $44.30 billion
Loans $32.31 billion
Deposits $32.72 billion
Capital $5.92 billion

People's United Bank, National Association is an FDIC insured institution located in Bridgeport, CT. It was founded in 1988 and has approximately $44.3 billion in assets. Customers can open an account at one of its 428 branches.

For a more detailed analysis of People's United Bank, National Association's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Bank Loan Profile?

The top three loan types in People's United Bank, National Association’s loan portfolio are Commercial Real Estate, 1-4 Family Residential Loans, and Commercial and Industrial Loans.

Compared to other banks in Connecticut, People's United Bank, National Association has a significantly higher percent of Multifamily Mortgages, Commercial and Industrial Loans on its balance sheet, potentially indicating a specialty in that lending area.

Note: Percentages may not sum to 100% due to rounding and double categorization of some loan types. All data from the FDIC. Additional information about this table.

%
Loans
%
Comparison to Other Banks
 Low   Med   High 
1-4 Family Residential Loans 27.93
Multifamily
Mortgages
9.55
Credit Card Loans 0.00
Consumer Auto Loans 0.00
Small Business Loans 2.64
Construction and Development Loans 2.65
Commercial Real Estate 28.33
Commercial and Industrial Loans 23.17
Farm Loans 0.01

Deposit Rates - November 12, 2018

Your Current Location: Virginia, VA 20146

Savings and Money Market Rates APY MIN MAX
Money Market
0.10% $1 $24,999 Learn MoreShow Less
Money Market
0.15% $25,000 $49,999 Learn MoreShow Less
CD Rates APY MIN MAX
3 Mo CD
0.15% $500 - Learn MoreShow Less

Fixed IRA Rates APY MIN MAX
Fixed IRA
0.25% $5 - Learn MoreShow Less
Fixed IRA
2.00% $500 - Learn MoreShow Less
Variable IRA Rates APY MIN MAX
Var IRA
0.35% $100 - Learn MoreShow Less
Var IRA
0.30% $500 - Learn MoreShow Less
Int Checking Rates APY MIN MAX
Int Ckg
0.05% $1 $2,499 Learn MoreShow Less
Int Ckg
0.02% $1 - Learn MoreShow Less
Int Ckg
0.10% $2,500 - Learn MoreShow Less
Checking Rates APY MIN FEE
Premier Advantage Checking 0.05% $75,000 $30.00 Learn MoreShow Less
Plus Checking 0.00% $750 $12.00 Learn MoreShow Less
Advantage Checking 0.00% $7,500 $25.00 Learn MoreShow Less

Loan Rates - November 12, 2018

Your Current Location: Virginia, VA 20146

Home Equity Rates APR Rate Monthly Payment
Refinance Mortgage Rates APR Rate Monthly Payment
Purchase Mortgage Rates APR Rate Monthly Payment

Monthly payments for mortgage products are based on a loan amount of $200,000. Home equity monthly payments are based on a loan amount of $50,000. Auto loan monthly payments are based on a loan amount of $25,000. Rates for each product are based on a variety of factors including credit score and loan amount. For specific requirements please check with the lender. Rates may change at any time.

Branches

People's United Bank, National Association branches and locations in your neighborhood. Input a different zip code to find branches and locations for any neighborhood in the United States.

Your Location:
Ashburn,Virginia


People's United Bank, National Association Locations

Financial Details

People's United Bank, National Association Ratio Analysis

The following ratios and data are available to help you better understand the financial condition of People's United Bank, National Association. The data is provided by the FDIC. All banks listed on BestCashCow.com are FDIC-insured. No depositor has ever lost deposits that have been within the FDIC insurance limits.

Texas Ratio
People's United Bank, National Association U.S. Bank Average
3.4% 7.92%

The Texas Ratio compares the bank’s non performing assets (non-performing loans and real estate owned) with its the bank’s tangible common equity and its loan loss reserves. A lower Texas ratio indicates better coverage of problem loans. The closer the Texas Ratio is to 1-to-1 or 100%, the less capital and reserves a bank has to absorb its loan losses.

As of June 30, 2018, People's United Bank, National Association had $194,159,000 in non-current loans and $15,078,000 in owned real estate. To cover these potential losses it had $5,920,585,000 in equity and $236,765,000 in loans loss reserves. That gives it a Texas Ratio of 3.4%.

Return on Equity
People's United Bank, National Association U.S. Bank Average
7.87% 9.77%

People's United Bank, National Association has a Return on Equity of 7.87% versus the BestCashCow average of 9.77%. Return on equity measures how efficiently a bank is making money from its capital. A bank with a consistently high ROE can be considered well run. A bank with a consistently low ROE can be considered poorly run.

Capitalization
People's United Bank, National Association U.S. Bank Average
13.36% 12.31%

People's United Bank, National Association has a Capitalization of 13.36% versus the BestCashCow average of 12.31. Capitalization measures how much equity capital a bank has to underpin loans and other assets on its balance sheet. The higher the capitalization number the more secure a bank is considered.

People's United Bank, National Association Balance Sheet Analysis

As of June 30, 2018, People's United Bank, National Association had assets of $44,302,248,000, loans of $32,310,449,000, and deposits of $32,716,603,000. Long-term increases in deposits shows a bank's ability to raise funds to grow its loans and assets. Loan and asset growth may rise or fall depending on a bank's strategy for growth. Sharp rises and falls in assets, deposits, and loans can be problematic, indicating a loosening of lending standards, or financial distress leading to reduced lending. A big change in these figured can also be from a bank acquisition or merger.

Summary Balance Sheet

June 30, 2018
ASSETS
Cash & Balances due from depository institutions $0.70 billion
Interest-bearing balances $0.24 billion
Total securities $6.96 billion
Federal funds sold and reverse repurchase $0.00 billion
Net loans and leases $32.31 billion
Loan loss allowance $0.24 billion
Trading account assets $0.06 billion
Bank premises and fixed assets $0.00 billion
Other real estate owned $0.02 billion
Goodwill and other intangibles $2.38 billion
All other assets $1.63 billion
     Total Assets $38.38 billion
LIABILITIES
Total deposits $32.72 billion
      Interest-bearing deposits $24.69 billion
      Deposits held in domestic offices $32.72 billion
      % insured (estimated) 67.30%
Federal funds purchased and repurchase agreements $1.11 billion
Trading liabilities $0.18 billion
Other borrowed funds $3.53 billion
Subordinated debt $0.39 billion
All other liabilities $0.45 billion
      Total Liabilities $38.38 billion
      Shareholders’ Equity $5.92 billion

Summary Income Statement

June 30, 2018
INCOME AND EXPENSES
Total Interest Income $0.75 billion
Total Interest Expense $0.13 billion
Net interest income $0.62 billion
Provision for loan and lease losses $0.01 billion
Total non interest income $0.17 billion
Total non interest expense $0.49 billion
Pre-tax Net Operating Income $0.29 billion

Frequently Asked Questions About People's United Bank, National Association

Branches and Savings

Is People's United Bank, National Association FDIC insured?

Yes. It is covered under FDIC Certificate #27334.

Why does People's United Bank, National Association pay such low interest on savings accounts?

See the best online savings rates here. See the best local savings rates here.

Why are People's United Bank, National Association CD rates not competitive?

See the best online CD rates here. See the best local CD rates here.

Is People's United Bank, National Association a commercial bank?

Yes

Where are People's United Bank, National Association locations?

See branch locations nearby.

Is People's United Bank, National Association open on Saturdays?

Is People's United Bank, National Association open on Sundays?

What time does People's United Bank, National Association open?

What time does People's United Bank, National Association close?

Are People's United Bank, National Association ATMs Open 24/7?

Do People's United Bank, National Association ATMs accept cash deposits?

Can People's United Bank, National Association customers use other ATMs?

Do People's United Bank, National Association branches have notaries?

Will People's United Bank, National Association notarize my document?

What address for People's United Bank, National Association should I put for incoming ACH transfers?

Will the People's United Bank, National Association branch print checks?

Do People's United Bank, National Association checks expire?

Does People's United Bank, National Association require US citizenship to open account?

Can People's United Bank, National Association close my account?

Does People's United Bank, National Association Report to credit bureaus?

Does People's United Bank, National Association Use Equifax?

What is People's United Bank, National Association's ACH Routing Number?

What is People's United Bank, National Association's SWIFT code?

Products

Does People's United Bank, National Association offer mortgages?

Compare mortgage rates here.

Does People's United Bank, National Association offer home equity lines of credit and home equity loans?

Compare home equity lines of credit rates here.

Does People's United Bank, National Association offer personal loans?

Compare personal loan rates here.

Does People's United Bank, National Association offer student loans?

Will People's United Bank, National Association cash a check?

Will People's United Bank, National Association redeem a savings bond?

Does People's United Bank, National Association cash savings bonds?

Will People's United Bank, National Association cash money orders?

Can People's United Bank, National Association issue a money order?

Does People's United Bank, National Association do currency exchange?

Background on The Bank

Who owns People's United Bank, National Association?

How long has People's United Bank, National Association been around?

Can People's United Bank, National Association transfer to other banks?

Does People's United Bank, National Association have quick pay?

Does People's United Bank, National Association accept rolled coins?

Will People's United Bank, National Association accept loose change?

Where is People's United Bank, National Association headquarters?

Customer Reviews for People's United Bank, National Association

There are currently no comments for People's United Bank, National Association. Be the first to share your experience. Please provide comments that will help others.

Add Your Review

Rate it here →