PURCHASE AND ASSUMPTION AGREEMENT WHOLE BANK ALL DEPOSITS AMONG FEDERAL DEPOSIT INSURANCE CORPORATION, RECEIVER OF BUTLER BANK, LOWELL, MASSACHUSETTS FEDERAL DEPOSIT INSURANCE CORPORATION and PEOPLE’S UNITED BANK BRIDGEPORT, CONNECTICUT DATED AS OF...Purchase and Assumption Agreement • April 20th, 2010 • People's United Financial, Inc. • Savings institution, federally chartered
THIS AGREEMENT, made and entered into as of the 16th day of APRIL, 2010, by and among the FEDERAL DEPOSIT INSURANCE CORPORATION, RECEIVER of BUTLER BANK, LOWELL, MASSACHUSETTS (the “Receiver”), PEOPLE’S UNITED BANK, organized under the laws of the United States of America, and having its principal place of business in BRIDGEPORT, CONNECTICUT (the “Assuming Institution”), and the FEDERAL DEPOSIT INSURANCE CORPORATION, organized under the laws of the United States of America and having its principal office in Washington, D.C., acting in its corporate capacity (the “Corporation”).
