As of April 2, 2022, People’s United Bank is now part of M&T Bank. Learn what to expect and what’s ahead for your business & M&T.

For now, it's banking as usual.

Over the next several months, we'll be here to guide you—keeping you informed every step of the way.

  • APRIL TO
    SEPTEMBER 

    Get to know M&T Bank

    On April 2, 2022, People’s United Bank merged with M&T Bank. Visit this page for regular updates. We’ll keep you in the know as your accounts and services transition to M&T systems. Learn more about M&T

  •  

    Watch for M&T green

    Watch for updates from M&T in your mail and email. To update your contact information, call your relationship manager or 1-800-894-0300, visit peoples.com or stop by your local People's United branch.

  • JULY

    Review your welcome materials

    We expect to complete our transition later in 2022. You’ll receive a comprehensive transition guide ahead of time to help you prepare.

  • SEPTEMBER

    Prepare for account transition

    Account and service changes will take place later in 2022. Information regarding debit and credit cards, account numbers, and online login details will be sent ahead of the final transition. Checking account numbers will remain the same, unless we notify you otherwise.

In the meantime...

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Keep banking as you normally would.

  • Continue using your People’s United business, merchant and operating accounts
  • If you bank online, your login remains the same and access is still through peoples.com
  • Make your loan payments as usual
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Work with your relationship manager.

  • Continue working with a banker who understands your business
  • Contact your relationship manager as usual
  • Ask questions and get financial advice as you always have
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We're here to help.

  • Call your relationship manager
  • Visit your local People's United branch
  • Watch for the M&T green in your mail and email
  • Bookmark this page and check back for regular updates

HELP CENTER

Questions about M&T Bank?

Questions & Answers

  • Bank as you normally would, working with your relationship manager
  • Continue using your accounts and services, including merchant and treasury management services
  • If you use online banking or eTreasury+, your login remains the same and access is still through peoples.com
  • Continue to make your loan payments as usual
  • Call the same contact numbers
  • Accounts you opened at People’s United prior to the merger with M&T Bank will continue to be insured by the FDIC
  • If you had deposit accounts with both M&T Bank and the People’s United division of M&T Bank prior to the merger, the FDIC will separately insure those deposit accounts for six months after the merger (on April 2, 2022)
  • Any M&T Bank deposit account you had prior to the merger and new deposit accounts established after the merger, including those opened with the People’s United division of M&T Bank, will not be separately insured. They will be combined to determine applicable FDIC insurance limits. This is because the People’s United division of M&T Bank and M&T Bank are now the same FDIC-insured institution
  • After six months, your former People’s United Bank deposits and your M&T Bank deposits will be combined for purposes of determining your appropriate level of FDIC deposit insurance coverage

Special Information for Certificates of Deposit (CDs):

  • Any CD you have at People’s United Bank, N.A. prior to the merger (on April 2, 2022) is separately insured until its next maturity date after the six-month period following the merger
  • If your former People’s United Bank CD automatically renews within six months of the merger, it will continue to be separately insured until its next maturity date The six-month transition period gives you the opportunity to consider how to maximize FDIC deposit insurance coverage for your accounts. 

For additional information on FDIC insurance, visit the FDIC website at www.fdic.gov

Continuity and consistency in your relationships is important to you, and it’s important to us as well.  Please keep banking as you normally would. 

For your business accounts, continue to contact your relationship manager, stop by a local branch or use the existing People's United customer service and support contacts until your accounts transition to M&T, which is anticipated later in 2022.

Contact People's customer service.

The accounts and services you had at People’s United Bank, N.A. or opened with M&T Bank through its People’s United division will move to similar accounts and services on our systems. At that time, you’ll also have access to: 

  • A wider range of financial products and services to help you meet your personal and business needs and wealth management goals
  • ATMs at any of our more than 2,000 convenient locations
  • More than 1,100 branches in Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Vermont, Virginia,  Washington, D.C. and West Virginia. Our headquarters are located in Buffalo, NY. Our New England regional headquarters will be in the current People’s United location in Bridgeport, CT 
  • On April 2, 2022, People’s United Bank, N.A. merged into M&T Bank. It is now part of M&T Bank and its former branches and most services will operate as the People’s United division of M&T Bank until we complete the integration of our systems later in 2022
  • Account documentation, account-related documents, including debit card and branch/ATM receipts, and other materials may continue to reflect the People’s United Bank, N.A. name or logo or the People’s United Bank, a division of M&T Bank branding until integration of our systems is finalized later in 2022

We’ll let you know about any changes to accounts or services well in advance.

  • Watch for the M&T green in your mail and email, which indicates merger updates for you
  • Bookmark this page and check back for the latest updates

Hear from our bankers.

We asked our bankers some important questions about M&T and the transition from People's United. Listen to what they had to say in their own words.

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Together We Can

Here for every stage of your business.

At M&T, we’re here to support your business and help you meet your goals. Explore the remarkable things our business customers are doing, and get to know M&T.

Wilmington Trust - Member of the M&T Family

Guiding generations of businesses

Wilmington Trust* has been helping business owners design and execute transition and wealth transfer plans for more than a century.** Backed by the resources of one of the nation’s leading U.S.-based, commercial bank holding companies, M&T Bank Corporation, we bring a high level of skill and experience to every relationship we serve. We offer advice, guidance, and solutions to business owners through every phase of your journey—from starting out, growing the business, and eventually transitioning it.

* Wilmington Trust is a registered service mark used in connection with various fiduciary and non-fiduciary services offered by certain subsidiaries of M&T Bank Corporation including, but not limited to, Manufacturers & Traders Trust Company (M&T Bank), Wilmington Trust Company (WTC) operating in Delaware only, Wilmington Trust, N.A. (WTNA), Wilmington Trust Investment Advisors, Inc. (WTIA), Wilmington Funds Management Corporation (WFMC), and Wilmington Trust Investment Management, LLC (WTIM). Such services include trustee, custodial, agency, investment management, and other services. International corporate and institutional services are offered through M&T Bank Corporation’s international subsidiaries. Loans, credit cards, retail and business deposits, and other business and personal banking services and products are offered by M&T Bank, Member FDIC. 

** Wilmington Trust traces its roots to the founding of Wilmington Trust Company in 1903.

Investment products are not insured by the FDIC or any other governmental agency, are not deposits of or other obligations of or guaranteed by Wilmington Trust, M&T Bank, or any other bank or entity, and are subject to investment risks, including the possible loss of principal amount invested.

Beware of Phishing Attempts

Security & Protection

Scammers look to gain access to your sensitive account information by any means necessary, including deceptive emails, texts, and phone calls that may look like they are coming from People's United or M&T Bank.

Learn more on how to be aware of the different types of fraud so you can help protect your business and financial information.

Update your contact information.

If your name, address, email or phone number has changed, please update it so you’ll receive information regarding your accounts when it becomes available.

To update, contact your relationship manager or call 1-800-894-0300.

Read news about the merger.

Check out all of the of the past news related to People's United becoming part of M&T Bank.

 

On April 2, 2022, People’s United Bank, N.A. merged into M&T Bank. It is now part of M&T Bank and its former branches and most services will operate as the People’s United division of M&T Bank until we complete the integration of our systems later in 2022.