People's United Bank Recognized Nationally by Greenwich Associates with Five Excellence in Middle Market Banking Awards for Cash Management

BRIDGEPORT, Conn., Feb. 8, 2018 /PRNewswire/ -- People's United Bank , N.A. a subsidiary of People's United Financial, Inc. (NASDAQ: PBCT), has been recognized by Greenwich Associates, a leading global provider of market intelligence and advisory services to the financial services industry, with five Middle Market Banking Awards in Excellence for Cash Management, including three National and two Northeast awards:

National:

• Cash Management - Overall Satisfaction - National
• Cash Management - Online Banking Functionality - National
• Cash Management - Overall Digital Experience - National

Northeast:

• Cash Management - Overall Satisfaction - Northeast
• Cash Management - Overall Digital Experience - Northeast

Since 2009 Greenwich Associates has granted People's United 42 awards in Middle Market Banking and Small Business Banking, including eight National and four Regional Excellence Awards, and one Best Brand Award for Ease of Doing Business received since 2016.

"Since the bank's founding more than 175 years ago, providing an exceptional customer experience has been at the core of the bank's culture, and we are honored to be recognized, yet again, for the dedication and hard work of our employees," said Jeff Tengel, Senior Executive Vice President, Commercial Banking, People's United Bank. "This award speaks volumes to the long-standing relationships we have developed across our Commercial Business and is what differentiates us footprint wide."

Interviews were conducted with more than 15,000 U.S. executives within Middle Market businesses with sales of $10-500 million as part of the 2017 evaluation process. People's United received a significantly higher percentage of "Excellent" ratings when compared to the average rating of all eligible banks evaluated in order to receive these five Excellence awards.

About People's United Bank
People's United Bank, N.A. is a subsidiary of People's United Financial, Inc. (NASDAQ: PBCT), a diversified financial services company with $44 billion in assets. People's United Bank, founded in 1842, is a premier, community-based, regional bank in the Northeast offering commercial and retail banking, as well as wealth management services through a network of over 400 retail locations in Connecticut, New York, Massachusetts, Vermont, New Hampshire and Maine.

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SOURCE People's United Bank