Holiday weekend is ‘transition weekend’ for People’s United, which will reopen as M&T Bank next Tuesday
New signs went up today at the People's United branch on West Second Street in Riverhead in preparation for People's transitioning to M&T Bank come this weekend.
M&T has obtained all regulatory approvals for its acquisition of People's United in an all-stock transfer valued at $7.6 billion. The closing is expected to take place on or about April 1.
Hudson City Savings Bank will become M&T Bank this Sunday. So what does that mean for the Riverhead branch?