PeoplesBank Opens New Branch in Enfield CT
PeoplesBank, a subsidiary of Massachusetts based Peoples Financial, Inc. is planning to build a new branch in Enfield, Connecticut. According to a press release from the bank, the new facility will be about a thousand square feet and will be located on nearly ten acres of land. The branch is slated to open in the second half of 2020. Located in the former Yankee Pedlar in the heart of downtown, the new building will house four staff members. In addition to retail banking, the bank also offers wealth management services.
Aside from its Enfield branch, the bank boasts a network of over 400 locations throughout New England, New York, and Florida. Among its other accolades, the company was the first to offer telephone bill payment services in the 1980s. It was also the first to provide a mobile banking app that works with its mobile deposit and credit card machines. Founded in 1842, the bank has a long and storied history that includes numerous mergers and acquisitions. After acquiring several other banks in the New England region, the company’s headquarters was one of the tallest buildings in the area.
While the company’s most recent purchase is the First National Bank of Suffield in 2018, the company has had a presence in the state since the early 1800s. It was also the state’s largest bank in terms of assets until the recent merger of the Glastonbury Bank & Trust Company with the First Massachusetts Bank, National Association, and the Massachusetts Bank and Trust Company. As of July 31, 2018, the bank has approximately $5 billion in deposits and has more than five thousand employees. When the deal is completed, the bank will become part of a mega bank headquartered in New London, Connecticut, but with a presence in the Mid-Atlantic region as well.
To be more specific, the best way to learn more about the bank is to visit its website and give them a call. The bank has been in business for over 170 years, and it is a good idea to check with them before taking a loan or signing a lease. This will ensure you get the most out of your financial plans. With its array of services and expertise, the bank can be a valuable partner for your financial needs. Whether you are looking for commercial or consumer banking, a loan or an investment, the bank will make you feel at home. Having a financial service that has your back is a priority at PeoplesBank. We hope you choose us as your bank of choice! You can also get help with mortgages and other financial matters by contacting a Customer Service Representative at 800-227-3273. Our team is ready to serve you with a high level of professionalism, and we look forward to seeing you soon. Until then, good luck!
Taking a look at the PeoplesBank website will reveal more about the company and its products and services. The bank has over 5,000 employees and offers a variety of commercial and retail banking products and services. Whether you’re in need of a checking account, a savings account, or a loan, you can find what you need at PeoplesBank.