Latest news with #PeoplesBank
Yahoo
5 days ago
- Business
- Yahoo
Zynlo Bank review (2025): Highly competitive rates with absolutely no fees
Summary: Zynlo Bank is the online division of Massachusetts-based PeoplesBank. Founded in 1885, PeoplesBank has a handful of branches in the Northeast. However, Zynlo Bank is entirely online and takes the approach of offering high rates and no fees in a modern banking experience. Zynlo Bank product overview Zynlo doesn't offer the variety of products you typically get with a full-service bank, but it covers the basics. Additionally, it provides high rates on deposits and minimal fees, which could make it an attractive place to park your cash. More Spending More Spending, Zynlo's checking account, offers 2% APY with no monthly fees or minimum balance requirements. Additionally, whenever you make a debit card purchase, the amount is automatically rounded up to the nearest dollar and deposited to your savings account. Zynlo even matches your round-ups at an additional 2.11% APY, for a total of 4.11% APY on your balance. Tomorrow Savings Tomorrow Savings is a savings account that works best in conjunction with the checking account due to round-ups and matching, but this account is also good in its own right. It earns 4.35% APY with no minimum deposit or balance requirements. You can also personalize your savings goals to save for specific purposes. Money market account Zynlo's money market account earns a highly competitive 4.4% APY. There are no fees or minimum balance requirements, and you can make unlimited transactions. This means you can use the account as much as you want with no penalties or fees. This embedded content is not available in your region. Zynlo Bank fees Often, banks that say they have 'no fees' do charge some fees when you dig into their account disclosures. However, Zynlo doesn't mince words when it says it charges zero fees. Customers do not pay monthly maintenance fees, overdraft fees, or stop payment fees. Up Next Up Next Zynlo Bank pros and cons Consider the pros and cons of Zynlo Bank before opening an account. Pros Competitive interest rates on deposits: All of Zynlo's deposit accounts offer competitive APYs far higher than the national average. No monthly fees or minimum deposit requirements: The bank charges no monthly fees. In fact, it charges no fees, period. Plus, none of Zynlo's deposit accounts have minimum deposit requirements. Purchases come with round-ups and matching: Purchases with a debit card are rounded up to the nearest dollar, and Zynlo matches your round-ups. Cons No CDs: Zynlo doesn't offer certificates of deposit (CDs). No branch access: As an online-only bank, you can't visit a branch for help with your Zynlo account. Customer service and mobile banking experience Zynlo Bank offers phone and email support, with phone support available Monday through Friday, 8:00 a.m. to 10:00 p.m. ET. On the weekends, it's available from 10:00 a.m. to 2:00 p.m. ET. The bank's app earns mediocre ratings, with a 3.9 rating on iOS and a 3.3 rating on Android. Several customers mention technical issues or that the app is difficult to use. Others say that it doesn't have support for Plaid or Zelle. Read more: 10 best mobile banking apps of 2025 Zynlo Bank address and phone number You can contact customer support by calling 844-996-5622 (844-ZYNLOBANK). Another option is to send an email to support@ Zynlo's mailing address is: 330 Whitney Avenue, Holyoke, MA 01040 Frequently asked questions Is Zynlo Bank FDIC-insured? Zynlo Bank is FDIC-insured with coverage of up to $250,000 per depositor, per ownership category. What is Zynlo Bank's routing number? Zynlo Bank's routing number is 011875428. Is Zynlo Bank trustworthy? Zynlo Bank is an FDIC-insured online bank. It is the online division of PeoplesBank, a Massachusetts-based bank founded in 1885. Is Zynlo Bank a local bank? Zynlo is an online-only bank, though it is a division of PeoplesBank, which has a handful of branches in two states.
Yahoo
19-06-2025
- Business
- Yahoo
New name in play for MassMutual Center in Springfield
SPRINGFIELD — The Massachusetts Convention Center Authority that owns the MassMutual Center arena downtown is nearing a naming rights deal. The authority received a 'low number' of eligible responses when it solicited bids last month, said spokesman David Silk. The authority is reviewing those proposals and expects to make a decision in weeks, not months, Silk said. The deal will need approval of the authority's board. First opened in 1972, the venue was the Springfield Civic Center until MassMutual signed a $5 million naming rights deal in 2003. That deal began when the arena reopened with a convention center addition in 2005 and was to have expired in June 2021. The MassMutual name remains on the building pending a new deal. MGM Resorts International manages the MassMutual Center in conjunction with its MGM Springfield Casino under a 10-year agreement reached with the authority in 2022. The authority feared tying the building too closely with the casino and sought a different company to be the naming rights sponsor. Earlier this month in Connecticut, Holyoke-based PeoplesBank, announced it bought the naming rights for the former Hartford Civic Center. The bank is expanding in the Nutmeg State. The Hartford arena — most recently called the XL Center — will be PeoplesBank Arena. The Hartford arena hosts many home games for the perennial national powerhouse men's and women's University of Connecticut basketball teams, as well as the Hartford Wolfpack of the American Hockey League. In Springfield, the arena's premier tenant is the AHL's Springfield Thunderbirds. Read the original article on MassLive.
Yahoo
03-06-2025
- General
- Yahoo
2 men arrested in connection with shooting near Worcester park
A pair of men are facing charges in connection with a shooting near University Park in Worcester that left a person with a graze wound from a gunshot. Luis Ozuna, 25, and Raymond Leblanc, 25, are each charged with two counts of assault with a dangerous weapon and one count each of armed assault to murder, firearm use in felony, carrying a loaded firearm without a license, carrying a firearm without a license and firearm discharge within 500 feet of a dwelling. A third suspect, Lugardo Flores, 25, faces the same charges, police said in a statement. At around 8:09 p.m. on May 27, Worcester police were called to the area of University Park, near the intersection of Illinois and Gates streets. Witnesses told police they heard between 10 and 12 gunshots. Police found several shell casings in the area. Some time after the incident, a 21-year-old arrived at a hospital with a graze wound to their head. Police described the injury as non-life-threatening. Two motor vehicles were damaged by the gunshots, police said. The shooting remains under investigation. As Harvard fights Trump admin in court, professors are quietly dropping courses Mother dies days after crash in Franklin that killed young daughter Central Mass. man now facing manslaughter charge in connection with brother's death PeoplesBank buys naming rights to Hartford arena Thunderbirds, MassMutual partner for 3rd annual Community Caravan Program Read the original article on MassLive.
Yahoo
03-06-2025
- Business
- Yahoo
PeoplesBank buys naming rights to Hartford arena
HARTFORD, Conn. — PeoplesBank has renamed the former Hartford Civic Center, most recently called the XL Center, as PeoplesBank Arena in a deal announced this week. It's a deal costing $20 million over 10 years, according to published reports and a big move forward for the Holyoke-based, mutually-owned bank which has 20 full-service banking centers located in Connecticut and Massachusetts with plans to expand in Connecticut. Hartford's Capital Region Development Authority also announced $145 million in upgrades including better seating and premium hospitality in the lower bowl with world-class food and beverage, enhanced concert rigging and amenities for performers and athletes, including new locker rooms. PeoplesBank Arena, with 16,000 seats, is home of the American Hockey League's Hartford Wolf Pack, affiliate of the New York Rangers; 12-time national champion UConn women's basketball team and the six-time national champion UConn men's basketball team; UConn men's ice hockey as well as concerts. It was the home of the NHL Hartford Whalers. The arena celebrates its 50th anniversary in the fall. 'Our bank is independent and community focused,' said Tom Senecal, CEO and chairman of PeoplesBank. 'In the region, we have consistently been confused with the similarly named, but no longer existing, People's United Bank.' Senecal said that PeoplesBank is a mutual bank, owned by its account holders. Residential retrofitting program turns on high-speed internet for Bay Meadow Apts. in Springfield Chicopee budget up 6% on personnel, police costs; mayor proposes $3M to defray taxes ICE takes two into custody in Amherst in crackdown on 'sanctuary' communities Read the original article on MassLive.
Yahoo
03-06-2025
- Business
- Yahoo
Hartford's XL Center re-named PeoplesBank Arena
Hartford's downtown arena will now go by a new name: PeoplesBank Arena. On Monday, the State of Connecticut announced the Holyoke, Massachusetts-based company purchased the naming rights to the venue, which had been known as the XL Center since 2007. CT Insider reported the deal is worth $20 million over 10 years. PeoplesBank — different than People's United Bank, which merged with M&T Bank a few years ago — has five branches in Hartford County with a six set to open soon. 'We chose to invest in this arena because we believe in Hartford,' PeoplesBank CEO and chairman Thomas Senecal said at a ceremony. 'We believe in the revitalization happening here, the momentum building downtown, the renewed energy in the business district, the arts, the restaurants, the culture. And of course, the sports.' Originally called the Hartford Civic Center, the arena serves as the part-time home for three UConn sports teams: Men's basketball, women's basketball and men's hockey. The two basketball split their home games between Hartford and Gampel Pavilion in Storrs. The Ice Bus moved downtown on a full-time basis after joining Hockey East in 2014 but scaled back to just 4-6 games per season once the new on-campus ice rink, Toscano Family Ice Forum, opened in 2022. The venue also houses the AHL's Hartford Wolf Pack, concerts and other events throughout the year. Originally opened in 1975, it's currently undergoing a $145 million renovation that will add premium seating, an upgraded concourse, new locker rooms and other improvements. The work is expected to be completed by October. More from Le Moyne transfer Dwayne Koroma commits to UConn men's basketball Dorka Juhász to sit out 2025 WNBA season UConn Baseball clinches share of Big East regular season title with sweep over Butler UConn assistant Ben Kantor leaving for Georgia Tech UConn softball wins Big East Tournament, earns first NCAA Tournament appearance since 2001 2025 forward Jacob Ross commits to UConn men's basketball
