People's United Bank Small Business Banking Overview

Learn about People's United Bank small business banking. Includes info on People's United Bank, pricing, customer reviews, and FAQs.

Updated on February 10th, 2022

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People's United Bank is a regional Northeast bank in America. People's United Bank offers a number of business services including business bank accounts.

Account Details:

Account Name

Monthly Fee

Minimum Balance

Premier Business Checking

Not provided

Not provided

Business Advantage Checking



Business Advantage Plus Checking



People's United Bank

Pros: Several accounts with no monthly fees or ATM fees.

Cons: Low interest rates on checking accounts.

Bottomline: People's United Bank is a good option for clients who wish to avoid monthly and ATM fees.

Features & Benefits:

No Monthly fees or ATM fees.

Certain accounts have no monthly fees or grant clients the opportunity to waive these fees. ATM transactions are also free for particular accounts.

Tailored bank accounts.

People's United Bank offers a number of business bank accounts that aim to meet the needs of various types of businesses.

Business mobile banking.

With this free mobile application, users can pay bills, check balances and make deposits from any location.

Merchant services.

People's United Bank provides businesses with a merchant service that accepts all major credit and debit cards.

Key Information:

Legal Name

People's United Financial

Founding Date

Jan 01, 1842


850 Main Street, Bridgeport, CT United States

Number of Employees


Number of Customers



1 (800) 894-0300



Is People's Bank the same as People's United Bank?

No. People's United Bank is a subsidiary of People's United Financial, Inc. People's Bank is a separate company.

What is the routing number for People's United Bank?

The routing number for People's United Bank is 221172186.

Is People's United Bank FDIC insured?

Yes, People's United Bank is FDIC-insured.

What states is People's United Bank in?

  • Connecticut.
  • Maine.
  • Massachusetts.
  • New Hampshire.
  • New York.
  • Vermont.

Where is People's United Bank?

The People's United Bank headquarters are in Bridgeport, Connecticut. People's United Bank branches are located in Connecticut, Maine, Massachusetts, New Hampshire, New York, and Vermont.

How many employees does People's United Bank have?

People's United Bank reported having 5,188 employees in 2017.

When was People's United Bank founded?

People's United Bank was founded in 1842.

What are the best People's United Bank alternatives?