NASDAQ:FBNK

As of October 1, 2018, First Connecticut Bancorp, Inc. was acquired by People’s United Financial, Inc. First Connecticut Bancorp, Inc. operates as the holding company for Farmington Bank that provides various consumer and commercial banking services to businesses and individuals in the United States. The company offers various deposit instruments, including checking, savings, money market savings, and negotiable order of withdrawal accounts, as well as fixed-rate time deposits. It also provides one-to-four family residential real estate loans; commercial real estate loans; construction loans, such as commercial construction loans and real estate subdivision development loans to developers, licensed contractors, and builders for the construction and development of commercial real estate projects and residential properties, as well as loans to individuals and contractors for the construction and acquisition of personal residences; and commercial loans comprising term loans, revolving lines of credit for working capital needs, equipment lines of credit to facilitate the purchase of equipment, and letters of credit. In addition, the company offers home equity loans and home equity lines of credit secured by owner-occupied one-to-four family residences; and installment and collateral consumer loans on new and used automobiles, loans collateralized by deposit accounts, and unsecured personal loans, as well as demand, revolving credit, and resort loans. Further, it provides wealth management and ATM services. As of February 27, 2018, the company operated 24 branch locations in central Connecticut and western Massachusetts. First Connecticut Bancorp, Inc. was founded in 1851 and is based in Farmington, Connecticut.