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Full Conversion Of United Financial institution To Individuals’s United Now Official

HARTFORD/TOLLAND COUNTIES, CT —United Financial institution formally fell into into the enterprise abyss on Monday morning because the remaining capabilities fell underneath the Individuals’s United Financial institution moniker.

In July, Individuals’s United Monetary, Inc., the holding firm for Individuals’s United Financial institution, introduced an settlement to amass United Monetary Bancorp, the holding firm for United Financial institution, in a 100 % inventory transaction valued at about $759 million.

From Friday till Monday, all United accounts and providers started transitioning to Individuals’s United Financial institution.

The “new” United Financial institution had been fashioned by a merger of Connecticut-based Rockville Financial institution and Massachusetts-based United Financial institution in April 0f 2014.

Here’s a timeline on the complete conversion:

April 3

  • Three a.m.United Financial institution Debit and ATM playing cards had been deactivated. E-mail went out to clients about eight hours later.
  • 5 a.m. — The brand new Individuals’s United Financial institution debit and ATM playing cards wento into impact.
  • eight a.m. — Automated Teller Machines at United Financial institution branches turned briefly unavailable.
  • Three p.m.United Financial institution branches closed briefly.
  • Three p.m. — Inited phone bankjing turned briefly unavailble.
  • 5 p.m. — United Financial institution On-line Banking transformed to inquiry-only mode.

April 6

  • 7 a.m. — United clients had entry to Individuals’s United Financial institution phone, opnline and cellular banking techniques. Companies had entry to phone banking.
  • eight a.m. — Companies had been in a position to entry Individuals’s United Financial institution enterprise on-line and cellular banking techniques.
  • eight a.m. — United Financial institution on-line banking was not accessible.
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Judie Simms


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