© 2022 M&T Bank and its affiliates and subsidiaries. All rights reserved.
Wilmington Trust is a registered service mark used in connection with various fiduciary and non-fiduciary services offered by certain subsidiaries of M&T Bank Corporation including, but not limited to, Manufacturers & Traders Trust Company (M&T Bank), Wilmington Trust Company (WTC) operating in Delaware only, Wilmington Trust, N.A. (WTNA), Wilmington Trust Investment Advisors, Inc. (WTIA), Wilmington Funds Management Corporation (WFMC), and Wilmington Trust Investment Management, LLC (WTIM). Such services include trustee, custodial, agency, investment management, and other services. Loans, credit cards, retail and business deposits, and other business and personal banking services and products are offered by M&T Bank, Member FDIC.
M&T Bank Corporation’s European subsidiaries (Wilmington Trust (UK) Limited, Wilmington Trust (London) Limited, Wilmington Trust SP Services (London) Limited, Wilmington Trust SP Services (Dublin) Limited, Wilmington Trust SP Services (Frankfurt) GmbH and Wilmington Trust SAS) provide international corporate and institutional services.
WTIA, WFMC, and WTIM are investment advisers registered with the U.S. Securities and Exchange Commission (SEC). Registration with the SEC does not imply any level of skill or training. Additional Information about WTIA, WFMC, and WTIM is also available on the SEC's website at adviserinfo.sec.gov. 
Financial Advisors are investment advisor representatives of, and offer securities and advisory services through LPL Financial LLC (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Wilmington Advisors @ M&T is a brand name used by LPL representatives to offer securities, advisory, and insurance services and is not a separate legal entity. Registered representatives of LPL using the Wilmington Advisors @ M&T name are employees of M&T Bank. LPL and its affiliates are entities separate from, and not affiliates of, M&T Bank. Securities and insurance offered through LPL or its affiliates are:
Not Insured by FDIC or Any Other Government Agency | Not Bank Guaranteed | Not Bank Deposits or Obligations | May Lose Value
Private Banking is the marketing name for an offering of M&T Bank deposit and loan products and services.
M&T Bank  Equal Housing Lender. Bank NMLS #381076. Member FDIC. 
Investment and Insurance Products   • Are NOT Deposits  • Are NOT FDIC Insured  • Are NOT Insured By Any Federal Government Agency  • Have NO Bank Guarantee  • May Go Down In Value  
Investing involves risks and you may incur a profit or a loss. Past performance cannot guarantee future results. This material is provided for informational purposes only and is not intended as an offer or solicitation for the sale of any financial product or service. It is not designed or intended to provide financial, tax, legal, accounting, or other professional advice since such advice always requires consideration of individual circumstances. There is no assurance the any investment, financial or estate planning strategy will be successful.

Wealth & Institutional FAQs

As People's United Bank, N.A. joins the M&T Bank family, we're here to help answer your frequently asked questions. 

About M&T and Wilmington Trust

Like People’s United, M&T is a bank that’s all about helping individuals, families, businesses and the communities we serve thrive. M&T Bank will continue to build upon People’s legacy of making a difference to you and your neighbors. To learn more about our story, visit mtb.com/aboutus.

Wilmington Trust1 is a premier provider of wealth and institutional services and part of the M&T family. M&T Bank is one of the most financially sound and successful companies in the U.S. financial services industry. For more than a century, Wilmington Trust has helped individuals and institutions succeed with our innovative thinking, extensive industry experience, and trust administration—all from a team of highly respected and skilled professionals.

 

1 Wilmington Trust traces its roots to the founding of WTC in 1903. Wilmington Trust is a registered service mark used in connection with various fiduciary and non-fiduciary services offered by certain subsidiaries of M&T Bank Corporation including, but not limited to, Manufacturers & Traders Trust Company (M&T Bank), Wilmington Trust Company (WTC) operating in Delaware only, Wilmington Trust, N.A. (WTNA), Wilmington Trust Investment Advisors, Inc. (WTIA), Wilmington Funds Management Corporation (WFMC), and Wilmington Trust Investment Management, LLC (WTIM). Such services include trustee, custodial, agency, investment management, and other services.

On April 2, 2022, People's United Bank, N.A. merged into M&T Bank and its former branches and most services will operate as the People’s United division of M&T Bank until we complete the integration of our systems later in 2022. It joins M&T Bank's esteemed wealth and institutional services arm, Wilmington Trust.1 Also, as part of that transaction, People’s United Advisors, Inc. is now a wholly owned subsidiary of M&T Bank.  

We're committed to keeping you informed about how this transition may affect your banking relationship and your accounts. As part of that commitment, we have developed a dedicated web page (mtb.com/peoples) that will provide you with the most up-to-date information of where you are in the process. Depending on the type of account you have, please refer to the following resources for further guidance:

Our goal is to provide you with proactive, transparent communication, so you will know what to expect between now and the time your accounts move to the Wilmington Trust and M&T Bank systems.

1 Wilmington Trust traces its roots to the founding of WTC in 1903. Wilmington Trust is a registered service mark used in connection with various fiduciary and non-fiduciary services offered by certain subsidiaries of M&T Bank Corporation including, but not limited to, Manufacturers & Traders Trust Company (M&T Bank), Wilmington Trust Company (WTC) operating in Delaware only, Wilmington Trust, N.A. (WTNA), Wilmington Trust Investment Advisors, Inc. (WTIA), Wilmington Funds Management Corporation (WFMC), and Wilmington Trust Investment Management, LLC (WTIM). Such services include trustee, custodial, agency, investment management, and other services.

What to expect

For now, you can keep working with your primary advisor and visiting your local branch for service. We'll keep you updated about any future changes.

We value your advisors as much as you do. They are the ones who live in the same communities as you and best understand your needs. Every effort is being made to assure continuity with your existing relationship team.

For now, it’s banking business as usual, so continue to:

  • Log in at peoples.com with your current username and password
  • Use the People’s United mobile app
  • Experience uninterrupted direct deposits for payroll, Social Security, and pre-authorized payments/ transfers 
  • Make the most of your People’s United debit card, existing checks and credit card

Wealth and Brokerage Accounts

For now, your relationship will not change. You may continue to work with your existing advisor who will help you understand and navigate any forthcoming account or systems conversion. 

 

Wilmington Trust does not directly offer brokerage services.  However, through M&T Bank’s relationship with LPL Financial, clients can obtain securities brokerage, insurance, and advisory services from Wilmington Advisors @ M&T, which operates through LPL. You can find a Financial Advisor who represents Wilmington Advisors @ M&T in M&T Bank branches or you can be introduced to one through your wealth advisor.

Financial Advisors are investment advisor representatives of, and offer securities and advisory services through LPL Financial LLC (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Wilmington Advisors @ M&T is a brand name used by LPL representatives to offer securities, advisory, and insurance services and is not a separate legal entity. Registered representatives of LPL using the Wilmington Advisors @ M&T name are employees of M&T Bank. LPL and its affiliates are entities separate from, and not affiliates of, M&T Bank. Securities and insurance offered through LPL or its affiliates are:
Not Insured by FDIC or Any Other Government Agency | Not Bank Guaranteed | Not Bank Deposits or Obligations | Subject to Investment Risks, Including Possible Loss of Principal Amount Invested