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People's United Bank Overview

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People's United Bank Overview

People's United Financial, Inc. is a bank holding company that owns People's United Bank. The bank operates 403 branches in Connecticut, southeastern New York State, Massachusetts, Vermont, Maine, and New Hampshire.
The staff at People's United Bank come from unusually diverse demographic backgrounds. The company is 61.3% female and 37.2% ethnic minorities. People's United Bank employees are slightly more likely to be members of the Democratic Party than the Republican Party, with 62.0% of employees identifying as members of the Democratic Party. Despite their political differences, employees at People's United Bank seem to be happy. The company has great employee retention with staff members usually staying for 3.4 years. The average employee at People's United Bank makes $57,838 per year. In comparison, some of its highest paying competitors, like Citizens Financial Group, Westbury Bancorp, and Maritime Savings Bank, pay $83,855, $66,016, and $65,698, respectively.
A large finance company with 5,188 employees and an annual revenue of $1.3B, People's United Bank is headquartered in Connecticut.

Perks of Working at People's United Bank

People that work here love the company's warm atmosphere and collaborative environment. They are also afforded with lots of training for skills enhancement.

Industry

Finance

Revenue

$1.3B

Employees

5,188

Founded in

1842

Headquarters

Bridgeport, CT

Website

peoples.com

Organization Type

Public

Is This Your Company?

The Team At People's United Bank

Key People
  • R. Rosato (CFO)
  • Steven Bodakowski (Vice President Corporate Communications)
  • Michelle McNeil (SVP Human Resources)
  • John Barnes (ceo)
  • Jeff Wilson (VP Corporate Marketing)
  • Brenda Jegier (Communications, Training Manager)
  • Alicia Smith (HR Manager)
  • George Carter (Chairman)
The Inside Scoop
People's United Financial operates as the bank holding company for People's United Bank providing commercial banking, retail banking, and wealth management services to municipal, corporate, and individual customers. The offer a range of services including equipment financing, insurance, and institutional trust, among others.
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People's United Bank Reviews

Zippia Official Logo

5.0

Zippia User • December 2019

5.0

Zippia Official LogoZippia User • December 2019

What Do You Like About Working There?

Great Culture and lots of opportunity for growth. Show More

What Are Your Favorite Benefits/Perks?

great 401K plan. After you have been here for 1yr the bank will contribute an additional 3% of your total compensation from the prior year into your 401K. They match at 4% plus the additional 3% of your total compensation. Great benefit. Show More
Zippia Official Logo

3.0

Zippia User • June 2019

3.0

Zippia Official LogoZippia User • June 2019

What Do You Like About Working There?

I like my managers and the fact I can call them at anytime. I like my PTO and my 401K. I like my colleagues and the office I am assigned to Show More

What DON'T You Like About Working There?

We are not innovative and management is stuck in the 90’s. Lack of advancement opportunities. You can hit the ceiling pretty quickly and unless if you are connected with people in the corporate office, you are stuck in the branches Show More
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People's United Bank Rankings

People's United Bank is ranked #57 on the Best Companies to Work For in Connecticut list. Zippia's Best Places to Work lists provide unbiased, data-based evaluations of companies. Rankings are based on government and proprietary data on salaries, company financial health, and employee diversity.

Read more about how we rank companies.

People's United Bank Salaries

How much does People's United Bank pay?
The national average salary for a People's United Financial employee in the United States is $57,838 per year. Employees in the top 10 percent can make over $106,000 per year, while employees at the bottom 10 percent earn less than $31,000 per year.
9.0
Salary Score
High Paying Jobs
Java/J2ee Developer, Software Engineer Lead
Want to know more?
Show Salaries
Average Employee Earnings
$58,876
$57,838
$50,632
$49,723
$44,868

People's United Bank Salaries By Job Title

The average employee at People's United Bank earns a yearly salary of $57,838 per year, but different jobs can earn drastically different salaries. Some of the positions that earn high wages at People's United Bank include java/j2ee developer, software engineer lead, senior java developer, and quality assurance analyst. A typical java/j2ee developer salary at People's United Bank is $126,847. To get a better sense of the salaries at People's United Bank, other roles such as cashier and call center representative can be considered as well. For comparison, the title cashier at People's United Bank earns $27,912 per year.
Title
Average Salary
Java/J2ee Developer
Salary Range120k - 133k$127k$126,847
Software Engineer Lead
Salary Range115k - 128k$121k$121,451
Senior Java Developer
Salary Range111k - 125k$118k$118,419
Quality Assurance Analyst
Salary Range102k - 122k$112k$112,121
SAS Programmer
Salary Range90k - 113k$102k$101,592
Assistant Manager
Salary Range86k - 99k$93k$92,837
Customer Service Senior Associate
Salary Range77k - 91k$85k$84,510
Loan Representative
Salary Range77k - 90k$84k$83,549
Branch Manager
Salary Range62k - 77k$69k$69,444
Commercial Credit Analyst
Salary Range58k - 79k$68k$68,224
$26k
$133k

People's United Bank Careers

On average, employees at People's United Bank stay with the company for 3.4 years. Employees most commonly join People's United Bank after leaving TD BANK FINANCIAL GROUP. When they leave People's United Bank, they most frequently get their next job at Bank of America.

Average Length of Employment

Bank of Smithtown
5.2 years
Fifth Third Bank
4.4 years
People's United Financial
3.4 years
Bank of the West
2.8 years

Top Employers Before People's United Bank

TD BANK FINANCIAL GROUP
11.2 %
Bank of America
10.3 %
Citi
7.4 %
Citizens Bank
7.4 %

Top Employers After People's United Bank

Bank of America
17.3 %
Wells Fargo
11.2 %
Webster Bank
9.7 %
TD BANK FINANCIAL GROUP
8.3 %

People's United Bank Employee Demographics

9.6
Diversity Score
We calculated the diversity score of companies by measuring multiple factors, including the ethnic background, gender identity, and language skills of their workforce.

People's United Bank Employees Education

Of the 5,188 employees at People's United Bank, 14.6% attended University of Connecticut. Employees at People's United Bank most frequently majored in Business, and most employees’ highest level of education is a Bachelors.

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People's United Bank Financial Performance

9.1
Performance Score
We calculated the performance score of companies by measuring multiple factors, including revenue, longevity, and stock market performance.

Revenue

> $1B

Founded in

1842

Organization type

Public

How Would You Rate The Company Culture Of People's United Bank?

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People's United Bank Subsidiaries

Subsidiaries to People's United Bank include Bank of Smithtown, Rc KNOX & Co, and First Connecticut Bancorp. Employees at the parent company, People's United Bank, earn $57,838. In comparison, the salaries at Bank of Smithtown, Rc KNOX & Co, and First Connecticut Bancorp are $59,909, $50,213, and $48,126.
Company
Average Salary
Bank of Smithtown
Salary Range41k - 86k$60k$59,909

Rc KNOX & Co

Salary Range33k - 74k$50k$50,213
First Connecticut Bancorp
Salary Range31k - 73k$48k$48,126
Peoples Saving Bank
Salary Range27k - 63k$42k$41,583
$27k
$86k

People's United Bank Competitors

Competitors of People's United Bank include Citizens Financial Group, Westbury Bancorp, and Maritime Savings Bank. The wages at Citizens Financial Group average higher than the other similar companies, where the median salary is $83,855 per year. The salaries at Westbury Bancorp average $66,016 per year, and the salaries at Maritime Savings Bank come in at $65,698 per year.
Company
Average Salary
Citizens Financial Group
Salary Range61k - 114k$84k$83,855

Westbury Bancorp

Salary Range45k - 96k$66k$66,016

Maritime Savings Bank

Salary Range44k - 96k$66k$65,698

Finance And Thrift

Salary Range44k - 95k$65k$65,202

Amscot Financial

Salary Range45k - 89k$64k$64,211
New York Community Bank
Salary Range45k - 86k$63k$62,767

State Bank of Cross Plains

Salary Range41k - 89k$61k$60,806

Bank of Smithtown

Salary Range41k - 86k$60k$59,909
Bank of the West
Salary Range41k - 84k$59k$58,876
Bank of America
Salary Range36k - 87k$57k$56,912
$24k
$114k

Frequently Asked Questions about People's United Bank

When was People's United Bank founded?

People's United Bank was founded in 1842.

How many Employees does People's United Bank have?

People's United Bank has 5,188 employees.

How much money does People's United Bank make?

People's United Bank generates $1.3B in revenue.

What industry is People's United Bank in?

People's United Bank is in the finance industry.

What type of company is People's United Bank?

People's United Bank is a public company.

Who are People's United Bank's competitors?

People's United Bank competitors include Bank of the West, Fifth Third Bank, Bank of Smithtown, U.S. Bank, Peoples Saving Bank, First Connecticut Bancorp, TCF Bank, First Merchants, Bank of America, New York Community Bank, Wells Fargo, Peoples Bank, Amscot Financial, Citizens Financial Group, State Bank of Cross Plains, ACE Cash Express, Maritime Savings Bank, Wilson Bank & Trust, Westbury Bancorp, Finance And Thrift.

Who works at People's United Bank?

R. Rosato (CFO)

Steven Bodakowski (Vice President Corporate Communications)

Michelle McNeil (SVP Human Resources)

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Where is People's United Bank's headquarters?

People's United Bank's headquarters is in Bridgeport, CT.

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Updated December 31, 2020

Zippia gives an in-depth look into the details of People's United Bank, including salaries, political affiliations, employee data, and more, in order to inform job seekers about People's United Bank. The employee data is based on information from people who have self-reported their past or current employments at People's United Bank. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions, or for the results obtained from the use of this information. The data presented on this page does not represent the view of People's United Bank and its employees or that of Zippia.

People's United Bank may also be known as or be related to PEOPLES UNITED FINANCIAL INC, People's United Bank, People's United Bank, National Association, People's United Financial, People's United Financial Inc and People's United Financial, Inc.