Latest news with #PeoplesBank
Yahoo
2 days ago
- 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
2 days ago
- 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
3 days ago
- 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
Washington Post
3 days ago
- Business
- Washington Post
Hartford home of UConn Huskies basketball renamed PeoplesBank Arena
HARTFORD, Conn. — The Hartford venue that's the part-time home of the storied UConn men's and women's basketball teams has a new name: PeoplesBank Arena. Connecticut Gov. Ned Lamont joined officials from the arena's management company and PeoplesBank to announce a new naming rights deal Monday on the floor of what had been called the XL Center since 2007. Terms of the multi-year agreement were not released.
Yahoo
4 days ago
- Business
- Yahoo
Major CT arena gets new name. With it comes big name recognition for a local business.
For only the second time in its 50-year history, downtown Hartford's sports and entertainment complex has a new name. It's PeoplesBank Arena. The former Hartford Civic Center will shed its XL Center name — the identity of the 16,000-seat arena since 2007 — effective immediately, as part of a multi-year naming rights agreement with the Holyoke, Mass.-based community bank which has been expanding in Connecticut. Terms of the agreement weren't disclosed, in a release. But the value of the XL Group naming rights ranged from $450,000 to $500,000 a year. XL's rights contract expired about a year ago but its name has remained on the venue. 'PeoplesBank's deep-rooted commitment to putting people and communities first perfectly aligns with our purpose-driven mindset that fuels everything we do at Oak View Group, said Peter Luukko, co-chairman of the Denver-based sports and entertainment group. 'This partnership is more than naming rights — it's a shared vision to deliver dynamic experiences, elevate the fan journey and create lasting impact where it matters most: in the communities we serve.' The name change comes at a critical time in the history of the Hartford arena. The venue opened in 1975 and was rebuilt after a devastating roof collapse three years later, expanding its seating capacity. The arena is now in the midst of a long-debated, $145 million renovation that is aimed at reshaping the arena with amenities offered by newer competitors and reversing a money-losing track record at the state-run venue, typically $2 million. OVG, which runs the day-to-day operations of the arena, will contribute $20 million to the project. This summer, the arena is closed so the majority of the renovations — focused primarily on the lower half of the venue — will kick into high gear. It is hoped that the majority of the work will be completed by the fall, in time for the start of the college basketball season. The renovations will include new seating options — including the addition of five bunker suites and loge seating — that are seen as boosting ticket sales and could help nearly triple the number of concerts booked each year, key money makers for modern arenas. PeoplesBank is a relatively new name in Connecticut and may not have been the obvious choice for the arena's name. Seven years ago, the community bank — with no connection to Bridgeport-based People's United Bank, acquired by M&T Bank in 2022 — made its first move into Connecticut branch banking, buying a small Suffield bank. Now it has five branches — its West Hartford office serving as the headquarters for the region. The bank also has confirmed plan to open branches in Hartford and New Britain. Tom Senecal, the bank's chairman and chief executive, said the bank's community focus is strengthened by its mutual bank structure, meaning the institution is essentially owned by its depositors and not shareholders or Wall Street. The bank will not be bought or sold, Senecal maintained, and will remain an independent institution. 'We believe that gives us a competitive advantage in this state, which is dominated by national banks, but yearns for the service, stability and local decision-making that is the hallmark of community banks,' Senecal said, in a release. 'We believe in Hartford, and Hartford's promising future, and we look forward to participating in the economic rebirth and growth of the arena neighborhood, the city of Hartford and the state of Connecticut.' Michael W. Freimuth, executive director of the Capital Region Development Authority, which has the overall responsibility for the arena's operations, said PeoplesBank has become an increasingly active partner with CRDA in financing housing projects in the Hartford area. 'Adding their name to the civic center is further affirmation of their commitments to the central Connecticut marketplace while helping to refresh one of our premier entertainment venues,' Freimuth said, in a release. It is increasingly common that financial services firms involved in mortgages, insurance and other loans are interested in promoting their brands with venue naming rights. Technology companies and national retailers also are interested in lending their name to arenas. Check back for updates. Kenneth R. Gosselin can be reached at kgosselin@
