Intro – People’s United Bank Reviews & Ranking
People’s United Bank was recently ranked and reviewed by AdvisoryHQ as a top rated bank. Firms on our top rated lists were selected after they successfully passed AdvisoryHQ’s ground-breaking four-step banks and credit unions selection methodology.
Click here for a step-by-step breakdown of the methodology and selection process used during our People’s United Bank review: AdvisoryHQ’s Methodology for Selecting Top Banks and Credit Unions.
The People’s United Bank reviews below provide a detailed review of People’s United Bank, including some of the factors used by AdvisoryHQ News in its ranking and selection of People’s United Bank.
People’s United Bank Review
People’s United Bank is a subsidiary of People’s United Financial, Inc., which is a company with more than $40 billion in assets.
As part of that company, People’s United Bank is often recognized as one of the best banks in the US and throughout New England, with nearly 400 retail locations in the region.
The principles driving People’s United Bank since 1842 include caring for customers, community partnerships, and the goal of creating a collaborative environment for both employees and customers.
Key Factors Leading Us to Rank This Firm as One of This Year’s Top Banking Firms
Upon completing our People’s United Bank reviews, People’s United Bank was included in AdvisoryHQ’s ranking of this year’s best banking firms based on the following factors.
People’s United Bank Review: Investment Products
Along with checking and savings products and services, People’s United Bank also offers a broad range of investment products. These include money market funds as well as bonds, mutual funds, and annuities.
Regarding retirement planning and investment, consumers can go through People’s United Bank to create IRAs. Also available for investments are Coverdell Education Savings Accounts.
People’s United Bank created the “Understanding Available Cash Balance Options at People’s Securities” guide to help consumers and customers as they get started with investing.
People’s United Bank Review: Prewards
Prewards is the People’s United Bank debit card cash back rewards program.
What makes this program different from other rewards options is that, rather than having to wait a month or more to have rewards redeemed, the Prewards are credited back to your checking account within a few minutes of your purchase at a participating retailer. The program is also available to cardholders at no additional cost.
Prewards requires no coupon or code usage, and you can search for offers across the country based on location or category.
Image Source: People’s United Bank Review
People’s United Bank Review: Debit Card Safety and Security
Regardless of the type of debit card and checking account a customer of People’s United has, all individuals receive rigorous security and safety protections.
These include debit cards equipped with microchips to protect against fraud, which add an additional layer of protection to the check out process. Also available are MasterCard Identity Theft Alerts, which includes continuous monitoring of a consumer’s online identity and card information.
Zero Liability protects account holders against unauthorized debit card purchases, and customers of People’s United can opt for the MasterCard SecureCode program, which creates a more secure online shopping experience.
People’s United Bank Review: Plus Checking
For banking clients who are interested in saving money on maintenance fees, People’s United offers the Plus Checking account, which is a convenient banking account designed for everyday usage.
There is no monthly service charge, no minimum balance requirement, and no direct deposit requirement.
Plus Checking customers also receive a free debit card, free first order of checks, and free access to ATMs as well as an included complimentary Plus Savings account.
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Reasonable efforts have been made by AdvisoryHQ to present accurate information, however all info is presented without warranty. Review AdvisoryHQ’s Terms for details. Also review each firm’s site for the most updated data, rates and info.
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