Flagship Bank

Flagship Bank and Trust Company opened for business on December 27, 1987. Situated in Central Massachusetts, Flagship was the first new bank to have opened in the Worcester area in 35 years. Flagship Bank is a division of People's United Bank, a federally-chartered savings bank with approximately $20 billion in assets and 300 branches in Connecticut, Vermont, New Hampshire, Massachusetts, Maine and New York.

As a full service community bank, Flagship Bank has focused its resources on the business, residential mortgage and the trust investment needs of its community. The bank currently has eight branches: five in Worcester and one each in Leominster, Shrewsbury and Westborough. At this time the bank has approximately 140 employees. Flagship has developed a well-deserved reputation as an innovator within the financial community, resulting in many awards for both its programs and employees.