trending Market Intelligence /marketintelligence/en/news-insights/trending/chQU98gjWXwL2fD6y2dOoQ2 content esgSubNav
In This List

People's United Bank NA to handle Massachusetts' core banking services

Blog

Banking Essentials Newsletter: January 11th Edition

Blog

Banking Essentials Newsletter December 21st Edition

Blog

The Road to Basel IV: Navigating the challenge facing European banks

Blog

Basel Framework- Utilizing data to analyze the capital position of European banks.


People's United Bank NA to handle Massachusetts' core banking services

The Commonwealth of Massachusetts has enlisted People's United Bank NA to manage its core banking services.

Contract negotiations are ongoing and implementation and service changes are set to become effective sometime during the first quarter of next year.

Massachusetts' core banking services are comprised of concentrating and managing balances and the disbursing of funds to taxpayers, beneficiaries, employees, retirees and lottery winners, among others.

People's United Bank NA is a unit of People's United Financial Inc.