Relationship launched in 2006 extended to 2019
COCC, a client-owned leading provider of banking technology solutions for community banks and credit unions across the Northeast, today announced the signing of an extension of the services agreement with People’s United Bank, National Association (Nasdaq: PBCT ).
People’s United Bank first retained COCC in 2006 to manage items processing and statement rendering processes. Over the years the relationship has grown, and the scope of services COCC offers the bank has matured and expanded.
COCC Chief Operating Officer, Joe Lockwood commented, “We are honored to extend the relationship we have developed with People’s United for close to a decade. Working in cooperation together has resulted in a strong and sustainable collaboration.”
“COCC brings extensive experience in bank technology solutions, which allows People’s United to continue to provide the superior customer service that is the foundation of our culture,” said Dee Lemnah, Senior Vice President, Deposit Operations at People’s United Bank.
Rich Leone, President & Chief Executive Officer of COCC stated, ”At COCC we commit ourselves to the highest levels of service which result in long term relationships such as the one we have enjoyed with People’s United. With this extension we look forward to continuing our work together for another four years.”
About People’s United Bank
People’s United Bank is a subsidiary of People’s United Financial, Inc., a diversified financial services company with $36 billion in assets. People’s United Bank, founded in 1842, is a premier, community-based, regional bank in the Northeast offering commercial and retail banking, as well as wealth management services through a network of over 400 retail locations in Connecticut, New York, Massachusetts, Vermont, New Hampshire and Maine.
