People’s United Bank conducted its annual Reality Check Fair at North Shore Community College on March 18.
People's United Bank
Thursday, April 4, 2013
Thursday, March 14, 2013
Liberty Tree Mall will host the Holten-Richmond MIddle School spelling bee on Thursday.
The top 45 spellers from Holten-Richmond Middle School will take to the stage on Thursday night at Liberty Tree Mall. The mall is hosting its 4th annual spelling bee starting at 6 p.m. in the food court. The school will identify the top 15 spelling contestants for each grade - sixth, seventh and eighth - at the school who will take part in the competition. All 45 contestants will receive “goody bags” and the top three winners will also receive prizes donated by People’s United Bank, according to an announcement from the mall. Baskets created by Thorpe Elementary School students will also be raffled off during the spelling bee, with the proceeds going toward the Thorpe School Library expansion project.
Tuesday, January 1, 2013
A look at what businesses and offices are open and closed on Tuesday for New Year's Day.
Most businesses are open on New Year's Day on Tuesday, but your best bet is to call ahead. To find specific contact info for businesses in Danvers, use our Directory. Some businesses are opening late or have special hours for the holiday. Liberty Tree Mall has special hours and is open noon to 6 p.m. Liquor stores can also be open. Most bars, restaurants, convenience stores and retail stores are open and hours are at owner's discretion. Stop and Shop, for example, has regular hours of 7 a.m. to 9 p.m. Danvers Town Hall is closed. Peabody Institute Library of Danvers is closed. State and federal offices are also closed. There is no trash pickup on Tuesday. Pickup will be delayed for the rest of the week. The post office both downtown and in…
Tuesday, October 9, 2012
The share of the local banking market belonging to People's United Bank more than doubled in the year after it bought out Danversbank.
The Connecticut-based bank that took over Danversbank last year has doubled its share of the greater Boston consumer banking market since the purchase, according to Boston Business Journal. People’s United Bank announced in January 2011 it was buying out Danversbank. The deal was completed in June 2011. Before the purchase and merger, Danversbank’s headquarters were located in Danvers. People’s United Bank is headquartered in Bridgeport, Conn. In the past year, through June 30, People’s United Bank’s share of the greater Boston banking market went from .63 percent to 1.25 percent, according to data from the Federal Deposit Insurance Corp., the Business Journal reports. In the same time, People’s United Bank’s total depositions grew from $1…
Thursday, January 26, 2012
People's United Financial reports fourth quarter operating earnings of $0.17 per share and net income of $0.12 per share.
Monday, July 11, 2011
While People's United was the successful bidder on a short term loan investment in Danvers, the town of Hamilton has recently moved its accounts from Danversbank to Salem Five, in part, because of the merger.
The newly owned Danversbank, now People's United, was the recent successful low bidder on a short term loan from the town of Danvers. According to Town Manager Wayne Marquis, the town's relationship with the bank is "more interactive," than it was previously with Danversbank. The short term loan of $251,000 was borrowed for one year at a .99 percent interest rate. Marquis said in the past Danversbank never participated in bidding, and People's United is "perhaps more well equipped" for investment interaction. Marquis said the Town currently has about $4 million in People's United, and their relationship has improved, if anything, because of the merger. However, the completion of the Danversbank merger with People's United has resulted …
Friday, July 1, 2011
This week's Talk Around Town asked people on the street, "What are your thoughts on the merger of Danversbank and People's United?"
The proposed merger of People's United and Danversbank was approved by the Office of the Massachusetts Commissioner of Banks and the Massachusetts Board of Bank Incorporation on Tuesday -- and the transaction was expected to be finalized at some time yesterday. This week's Talk Around Town focused on the recent news, asking folks in the square, "What are your thoughts on the recent merger?" For Alcide Cormier, the situation hits home. His daughter, a Danversbank employee for 26 years, is going to be laid off in October. "She is going to get a week's pay for every year that she worked there," he said. "While the CEO is getting $17 million." Check out the video for more opinions, and weigh in your thoughts in the Comments section.