People's United Financial (PBCT) 8-K Amendments to Articles of Incorporation or Bylaws

EXHIBIT 3.2

Amendment to Bylaws

Amendment to Bylaws

Article IV of the Bylaws of People’s United Financial, Inc. has been amended, effective December 20, 2012, by revising Section 4 thereof to read as follows:

SECTION 4. AGE LIMITATION OF DIRECTORS. With the exception of the Chairman of the Board, a director shall retire from service as a director of the Corporation at the expiration of the term of office during which such Director has reached the age of seventy-six. The Chairman of the Board shall retire from service as a director of the Corporation at the expiration of the term of office during which the Chairman of the Board reaches the age of eighty.

A complete copy of the Bylaws, reflecting the foregoing amendment, will be filed as an exhibit to the Company’s Annual Report on Form 10-K for the year ending December 31, 2012.