People’s United Bank Routing Number

Single Bank of the People, National Association acts as a bank. Founded on November 2, 2006, the company is headquartered in Bridgeport, CT. The Bank provides saving and current accounts, savings, financial services, online banking, mortgage, and non-mortgage loan facilities, as well as credit card issues and business loans. The United Bank of Citizens represents consumers in the USA. People’s United Bank engages private, corporate, and municipal clients in commercial banking, retail, and business banking, and wealth management services. It operates across the divisions Commercial Banking and Retail Banking.

People’s United Bank Routing Number

What is a Routing Number?

A routing number is a code of nine digits which is used to identify a US financial institution. It may also be known as an RTN, an ABA routing number, or a transit routing number. The American Bankers Association (ABA) had originally created routing numbers to streamline the distribution of paper checks on a large scale. Banks use routing numbers to guide the exchange of funds between themselves and from each other. Usually, most personal checks can be found at the bottom left corner with the routing code. A routing number indicates where the bank branch you opened your account is located. The other term is “Account Number,” it’s located at the bottom of your personal search, just to the right of your routing. Your bank account number is a unique identifier. One more is “Check Number,” the bottom right corner of your personal check includes a specific check number to help you keep a record of all the payments. Two routing numbers, such as ABA and ACH. ABA routing numbers are used for paper checks while ACH routing numbers are used for electronic transfer and withdrawals. You can get SWIFT and IBAN codes. Society for Worldwide Interbank Financial Telecommunication (SWIFT) is a code defining the bank in a foreign transaction. For international purchase, the International Bank Account Number (IBAN) marks your personal account. Both SWIFT and IBAN were designed to standardize the financial institutions’ international identification systems.

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