Famington, People’s United banks to close branches after merger

Famington, People’s United banks to close branches after merger

reporter photo

People’s United Financial Inc. acquired the parent company of Farmington Bank in June in a stock deal valued at $544 million and recently announced it is closing 15 branches, including locations in Southington and Plainville.

The closures will take place on January 20 and represent overlapping markets, a company spokesperson said. All remaining branches will fall under the People’s United Bank name. 

Most of the closures are Farmington Bank branches, except in Southington, where it will close People’s branches at 812 Queen St. in Southington and 27 East Main St in Avon. 

A Farminton Bank branch on New Britain Ave. in Plainville will also close. 

Other Farming Bank locations closing include:

■Gables Retirement Community, 20 Devonwood Dr., Farmington

■Village Gate, 88 Scott Swamp Road, Farmington

■176 Newington Rd, West Hartford

■299 West Middle Tpke, Manchester

■135 Talcottville Road, Vernon

■427 West Avon Road, Avon

■962 Farmington Ave., West Hartford

■486 Silas Deane Hwy., Wethersfield

■782 Park Ave., Bloomfield

■1095 Main St., Newington

■957 Main St., East Hartford

■366 Cromwell Ave., Rocky Hill

The merger will also result in the closure of  People’s United Bank, 27 East Main St., Avon.



Twitter: @Cconnbiz

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