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Banking

Police & Fire
CT Resident Victim Of $45K Phone Scam, Police Say CT Resident Victim Of $45K Phone Scam, Police Say
CT Resident Victim Of $45K Phone Scam, Police Say A Fairfield County resident lost $45,000 after falling victim to a phone scam. The incident took place in Darien around 11:50 a.m. on Friday, Sept. 29. A Darien Police officer met with the victim in regard to the phone scam that had taken place the day before.  The victim told officers she received a phone call from a man claiming to be an employee of her bank. She was told there was fraudulent activity on her account and that she needed to verify some information, said Sgt. Dan Skoumbros of the Darien Police.  The woman told officers she stayed on the phone …

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by Kathy Reakes
Police & Fire
Alert CT Bank Employee Foils Kidnapping Scam, Police Say Alert CT Bank Employee Foils Kidnapping Scam, Police Say
Alert CT Bank Employee Foils Kidnapping Scam, Police Say A woman who received a call demanding money saying her daughter was being held hostage was saved from falling for the scam by an alert bank teller in Fairfield County. The incident took place in Westport on Thursday, March 23 at the M&T Bank, said Lt. Eric Woods of the. Westport Police. Woods said the bank called for help after a customer reported she received a call from a man saying he and the victim’s daughter had been in a motor vehicle accident and the daughter was being held as a hostage. He then demanded she withdraw as much money as she could in exchange for the safe r…

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by Kathy Reakes
Business
Stop & Shop Reaches Deal With People's United Bank To Retain 27 In-Store Branches In CT Stop & Shop Reaches Deal With People's United Bank To Retain 27 In-Store Branches In CT
Stop & Shop Reaches Deal With People's United Bank To Retain 27 In-Store Branches In CT People’s United Bank has reached an agreement with Stop & Shop to continue operating more than two dozen in-store locations in Connecticut after previously opting not to renew a former contract. The bank and grocery giant announced this week that they will maintain in-store banking services in 27 locations in Connecticut as People’s United Bank works on a merger with M&T Bank. According to officials, these 27 Stop & Shop locations will continue to offer banking services: Stop & Shop on Reidville Drive in Waterbury; Stop & Shop on Main Street North in Southbury; Stop &…

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by Zak Failla
News
747 Employees To Be Laid Off From People's United Bank's CT Locations 747 Employees To Be Laid Off From People's United Bank's CT Locations
747 Employees To Be Laid Off From People's United Bank's CT Locations More than 700 employees of People's United Bank's Connecticut locations are set to be laid off. The Connecticut Department of Labor reported that between Oct. 1 of 2021 and May 20, 2022, 747 employees will be laid off.  The news comes after the company announced a merger with M&T Bank Corporation. NBC Connecticut reported that officials said 661 of the layoffs will be in the Bridgeport area, 42 will be in the Hartford area. The layoffs will reportedly impact 16 locations.

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by Nicole Valinote