Stop & Shop Reaches Deal With People's United Bank To Retain 27 In-Store Branches In CT

September 2024 · 2 minute read

The bank and grocery giant announced this week that they will maintain in-store banking services in 27 locations in Connecticut as People’s United Bank works on a merger with M&T Bank.

According to officials, these 27 Stop & Shop locations will continue to offer banking services:

“We are pleased to have reached an agreement with Stop & Shop that will ensure customers in strategic locations state-wide maintain continued convenient access to in-store banking services, particularly in low- and moderate-income communities, where nearly half of the retained branches are located,” People’s United Bank President Jeff Tengel said in a statement.

“We remain committed to serving our customers across the channels in which they prefer, including through our many digital banking capabilities and in our branches, now and once the merger with M&T Bank is complete. I want to thank Stop & Shop for their continued partnership.”

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