Fast-Growing People's United Adds Three More Boston-Area Branches

Continuing its rapid expansion in Massachusetts, People's United Bank in Bridgeport, Conn., announced Monday that it has opened three more branches in and around Boston.

The $28 billion-asset company, which has acquired five banks in Massachusetts since late 2009, said that it opened one branch in Lexington on July 1 and added two more branches in Boston on Monday.

Peoples, a unit of People's United Financial Inc., now has 59 branches in Massachusetts, including more than two-dozen in Greater Boston that it inherited when it acquired the $2.7 billion-asset Danversbank in Danvers, Mass., on July 1.

The three new offices are branches that Danversbank had planned to open before it announced its sale to People's United in January.

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