BREAKING: Belmont Savings Bank Acquired By People’s United For $327M

Photo: The headquarters of Belmont Savings Bank in Belmont Center. Belmont Savings Bank, the town’s largest business with nearly $3 billion in assets, will be acquired by Bridgeport,  Connecticut-based People’s United Bank for $327 million in a stock transaction, according to a press release from People’s United issued today, Tuesday, Nov. 27. People’s United operates […]