NEW YORK—The Federal Reserve Bank of New York approved the application by People’s United Financial, Inc., Bridgeport, Connecticut (the Applicant), for prior approval of the Board of Governors of the Federal Reserve System, pursuant to Section 3(a)(1) of the Bank Holding Company Act of 1956, as amended, to become a bank holding company. This Reserve Bank’s approval is conditioned upon the receipt by the Applicant of all necessary regulatory approvals.
The Reserve Bank acted under authority delegated by the Board of Governors of the Federal Reserve System.
