BRIDGEPORT, Conn., Feb. 15, 2017 /PRNewswire/ -- Greenwich Associates, a research-based consulting firm, has recognized People's United Bank for excellence in "Middle Market Banking" nationally and in the Northeast.
People's United Bank won a total of seven 2016 Greenwich Excellence Awards in Middle Market Banking. When compared to all banks covered across the United States, People's United was recognized for Likelihood by Clients to Recommend to Others and Cash Management - Functionality and Range of Online Services. In addition, People's United received national recognition in the cash management segment for Overall Satisfaction, Customer Service and Digital Functionality. Regionally, People's United won both Likelihood to Recommend and Overall Satisfaction, Cash Management in the Northeast.
"We're extremely pleased to be recognized once again by Greenwich Associates and, more importantly, by our clients," said Jack Barnes, President and Chief Executive Officer, People's United Bank. "Our first priority is always to deliver exceptional service to our clients, whether they are our neighbors, a neighborhood business or a corporation with hundreds of millions in sales."
Only 37 of more than 600 eligible providers in 2016 were recognized as differentiated across a number of quantitative and qualitative metrics. These banks had a significantly higher percentage of "excellent" ratings than others in the region, based on evaluations of senior relationship managers' capabilities. The firm conducted interviews with nearly 15,000 executives leading middle market companies with annual sales of $10 million to $500 million.
About People's United Bank
People's United Bank, N.A. is a subsidiary of People's United Financial, Inc. (NASDAQ: PBCT), a diversified financial services company with $41 billion in assets. People's United Bank, founded in 1842, is a premier, community-based, regional bank in the Northeast offering commercial and retail banking, as well as wealth management services through a network of nearly 400 retail locations in Connecticut, New York, Massachusetts, Vermont, New Hampshire and Maine.
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SOURCE People's United Bank