People's United Financial, Inc. is a savings and loan holding company. It provides commercial banking, retail and business banking and wealth management services to individual, corporate and municipal customers through People's United Bank and its subsidiaries. It operates through the Commercial Banking and Retail Banking segments. The Commercial Banking segment consists commercial real estate lending, commercial and industrial lending, and commercial deposit gathering activities. This segment also includes the equipment financing operations of People's Capital and Leasing Corp. and People's United Equipment Finance Corp, as well as cash management, correspondent banking and municipal banking. The Retail Banking segment includes as its principal business lines, business lending, consumer and business deposit gathering activities, consumer lending (including residential mortgage and home equity lending), and merchant services. This segment also includes brokerage, financial advisory services, investment management services and life insurance provided by People's Securities, Inc. and non-institutional trust services. The company was founded on November 2, 2006 and is headquartered in Bridgeport, CT.