Peoples Bank

Introduction

Peoples Bank, established in 1842, can be regarded as one of the leading bank, which provides some attractive and beneficial financial services for the personal, small business and commercial business. Peoples bank, alias People’s United Bank maintains four operational divisions. The four operational divisions include personal, small business, commercial and financial guidance.

Services

• Personal division of peoples bank provides some beneficial services like online service, borrowing, checking, savings, insurance, investing, credit cards etc.
• Small business division of people’s united bank comprise services like online services, loans and credit lines, checking and savings, retirement and business services.
• Commercial division of peoples banks consists some beneficial services including online services, cash management, business financing and speciality services.
• Financial guidance division specifically designed to offer the services like retirement, financial consultative service, college planning, wealth management and financial education.

Personal division

• Online banking facility: This can be treated as the most efficient, secured and easier service. Online banking service of Peoples bank enables users to effectively access and manage their finances online.
• Checkingfacility: Customers can handle their everyday finances with ease and effective manner, if they prefer to opt for this facility. Customers can process their checking activities through ATMs ,or attending physically to the authorized branches of Peoples bank. Customers can also take the advantage of accessing the internet, which will provide the privilege of online banking 24 hours a day.
• Savings facility: This facility enables customers to save their money through any of the accounts like money market accounts, passbook savings, Certificates of Deposit (CD). All these accounts are easy to access and maintain.
• Borrowing facility: People can borrow the amount of their need through loan. Some of the popular loan types are home equity loan, mortgage, consumer loan.
• Investing facility: Customer can invest in terms of bonds, mutual funds, stocks, life insurance etc. Peoples will also get financial guidance to properly utilize their investments.
• Insurance facility: People can protect themelves financially by opting any or many of the beneficial insurance policy Peoples bank offers.

Small business division

• Checking and savings: Peoples bank offers an array of checking and savings options, through which people can organize their small business effectively.
• Online Services: This is one of the most effictive service, through which small business owners can conveniently, instantly and effectively handle their business online.

• Loans and credit lines: Small business owners can borrow money for their business through a wide range of loan services offered by Peoples bank.
• Retirement planning: Small business owners can show a way to secure the lives of their employees through retirement planning options of Peoples bank.
• Business services: Small business owners can process their business effectively by utilizing credit cards facility of Peoples bank and can insure their small business.

Commercial division

• Financing of business: People’s United bank provides an array of commercial services like loans, commercial mortgages, etc which can help the a company to enhance it’s position.
• Cash management facility: Customers will be able to shape their cash flow structures through this cash management service of Peoples bank

Financial guidance

• Retirement: Business owners can get financial advice regarding retirement policies of their employees, which will enable them to run their business with stability.
• Financial advisors: Peoples bank provides this unique facility to advice the customers in respect of college planning, retirement planning, investment planning, or insurance planning.