People's United Financial, the holding company for People's United Bank, completed the acquisition of United Financial Bancorp, the holding company for United Bank, for $759m. "We are excited to welcome United Bank to People's United. With the fourth largest deposit market share in the combined Hartford and Springfield market, a complementary array of commercial and retail capabilities and a shared legacy of community giving, United will solidify our presence in the Central Connecticut market and strengthen our franchise in Western Massachusetts," Jack Barnes, People's United Financial Chairman and CEO.