NASDAQ, PBCT - People's United Finl
People?s United Financial, Inc. (People?s United Financial) is a savings and
loan holding company and is incorporated under the state laws of Delaware.
People?s United Financial was formed for the purpose of effectuating the
conversion of People?s Bank and People?s Mutual Holdings from the mutual holding
company structure to the stock holding company structure. On April 16, 2007,
People?s United Financial, People?s Bank and People?s Mutual Holdings completed
their second-step conversion from a mutual holding company structure to a
fully-public stock holding company structure. People?s Mutual Holdings merged
with and into People?s Bank, with People?s Bank as the surviving entity, and
People?s Bank became a wholly-owned subsidiary of People?s United Financial. See
Note 2 to the Consolidated Financial Statements for a further discussion of the
second-step conversion. On June 6, 2007, People?s Bank changed its name to
People?s United Bank. ...
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