Did people lose their 401ks in 2008?
People's United Bank was acquired by M&T Bank in a merger that was officially completed on April 1, 2022. Following this acquisition, People's United Bank was merged into M&T Bank, with M&T Bank emerging as the surviving entity. As part of this transition, former People's United Bank branches and accounts were rebranded and integrated into the M&T Bank system, necessitating updates for customers regarding items like routing numbers and login credentials for their banking services.
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Bridgewater Bank maintains a specialized financial services team of approximately 200 to 300 employees across its regional branch network.