Exhibit 99-1

                 NEWS RELEASE
----------------------------------------------------------------------
Peoples United Financial, Inc.           Financial Federal Corporation

PEOPLE'S UNITED                          FINANCIAL FEDERAL
INVESTOR CONTACT:                        CONTACT:
  Jared Shaw                               Steven F. Groth
  Investor Relations                       Chief Financial Officer
  203.338.4130                             212-599-8000
  jared.shaw@peoples.com                   sgroth@financialfederal.com

PEOPLE'S UNITED
MEDIA CONTACT:
  Valerie C. Carlson
  Corporate Communications
  203.338.2351
  valerie.carlson@peoples.com


FOR IMMEDIATE RELEASE
NOVEMBER 23, 2009

PEOPLE'S UNITED FINANCIAL, INC. TO ACQUIRE
FINANCIAL FEDERAL CORPORATION
Transaction Significantly Expands People's United's Equipment Finance
Business

BRIDGEPORT, CT and NEW YORK, NY - People's United Financial, Inc.
(Nasdaq: PBCT), the holding company for People's United Bank,
announced today a definitive agreement to acquire Financial Federal
Corporation (NYSE: FIF) in a stock and cash transaction valued at
approximately $738 million. Completion of the transaction is subject
to customary closing conditions, including the approval of the
shareholders of Financial Federal.

People's United expects the transaction to be significantly accretive
to operating earnings in 2010 and to have an IRR greater than 20%.
Given Financial Federal's significant excess capital, the transaction
is expected to have a slight positive impact on People's United's
industry leading capital levels on a pro forma basis. The transaction
is expected to close in the first quarter of 2010.

"We are delighted that Financial Federal Corporation is joining
People's United," said Philip R. Sherringham, President and Chief
Executive Officer of People's United Financial. "Financial Federal is
a leader in equipment financing and provides a valuable complement to
our existing business lines, particularly, People's Capital and
Leasing (PCLC), our equipment financing subsidiary. Furthermore, this
transaction generates meaningful earnings accretion without diluting
our capital ratios, which will continue to provide us with tremendous
strategic flexibility in today's volatile markets.

"Outside of the transportation sector, there is virtually no overlap
between Financial Federal's focus on construction and refuse, and
PCLC's focus which, historically, has been on printing and packaging,"
Sherringham noted. "Moreover, this transaction offers opportunities
for People's United to grow our highly-profitable equipment financing
business with established, experienced staff in new markets throughout
the country. Our combined portfolio will rank us 13th among U.S.
bank-owned equipment finance businesses, according to data from
Monitor, an industry publication."

"The transaction is beneficial to the shareholders of both companies,"
said Paul R. Sinsheimer, Chief Executive Officer of Financial Federal.
"It substantially increases Financial Federal's growth potential by
providing access to low cost funding from People's United's deposits.
The match in the credit cultures is another positive, as Financial
Federal's underwriting philosophy echoes that of People's United,
targeting secured lending, underwriting all transactions, focusing on
the middle market, and tailoring products to customer needs."

"We believe we are acquiring a very attractive franchise, especially
given the ability to take market share in this dislocated market and
with significant capital available for growth," Sherringham added.
"In addition, we are excited about the opportunity to continue to
participate more fully in a secular trend toward infrastructure
upgrade in our country," he concluded.

Under the terms of the definitive agreement, which has been approved
by both companies' boards of directors, at closing Financial Federal
Corporation shareholders will receive $11.27 in cash and one share of
People's United common stock. Based on the closing price of People's
United on November 20, 2009, the transaction is valued at $27.74 per
Financial Federal Corporation share. The actual value per Financial
Federal share on consummation of the acquisition will depend on the
share price of People's United at that time. The receipt of People's
United stock by shareholders of Financial Federal is expected to be
tax-free.

Morgan Stanley acted as exclusive financial advisor to People's United
and Simpson Thacher & Bartlett LLP acted as legal counsel. Keefe
Bruyette & Woods acted as exclusive financial advisor to Financial
Federal Corporation and Covington & Burling LLP served as legal
counsel.

Additional information regarding this transaction is included in a
brief presentation posted on the People's United website. To access
the presentation, please go to www.peoples.com by selecting "Investor
Relations" in the "About Us" section on the home page, and then
selecting "Investor Presentations" in the "News and Events" section.

About Financial Federal Corporation
-----------------------------------
Financial Federal (financialfederal.com) is a financial services
company providing collateralized lending, financing and leasing
services nationwide to small and medium sized businesses in the
general construction, road and infrastructure construction and
repair, road transportation and refuse industries.

About People's United Financial, Inc.
-------------------------------------
People's United Financial, Inc. is the holding company of People's
United Bank (peoples.com), the largest bank headquartered in New
England. People's United Financial has assets of $21 billion, more
than 440 ATMs and 300 branches. A diversified financial services
company founded in 1842, People's United provides consumer,
commercial, insurance, retail investment and wealth management and
trust services to personal and business banking customers.

Additional Information About this Transaction
---------------------------------------------
In connection with the proposed merger, People's United will file
with the Securities and Exchange Commission (the "SEC") a
Registration Statement on Form S-4 that will include a proxy statement
of Financial Federal that also constitutes a prospectus of People's
United. Financial Federal will mail the proxy statement/prospectus to
its stockholders. Investors and security holders are urged to read the
proxy statement/prospectus regarding the proposed merger when it
becomes available because it will contain important information. You
may obtain a free copy of the proxy statement/prospectus (when
available) and other related documents filed by People's United and
Financial Federal with the SEC at the SEC's website at www.sec.gov.
The proxy statement/prospectus (when it is available) and the other
documents may also be obtained for free by accessing People's United
website at www.peoples.com under the tab "Investor Relations" and then
under the heading "Financial Information" or by accessing Financial
Federal's website at www.financialfederal.com under the tab "Investor
Relations - SEC Filings".

Participants in this Transaction
--------------------------------
People's United, Financial Federal and their respective directors,
executive officers and certain other members of management and
employees may be soliciting proxies from Financial Federal
stockholders in favor of the merger. Information regarding the persons
who may, under the rules of the SEC, be considered participants in the
solicitation of the Financial Federal stockholders in connection with
the proposed merger will be set forth in the proxy
statement/prospectus when it is filed with the SEC. You can find
information about the executive officers and directors of People's
United in its Annual Report on Form 10-K for the year ended December
31, 2008 and in its definitive proxy statement filed with the SEC on
March 25, 2009. You can find information about Financial Federal's
executive officers and directors in its Annual Report on Form 10-K for
the year ended July 31, 2009 and in its definitive proxy statement
filed with the SEC on November 5, 2009. You can obtain free copies of
these documents from People's United or Financial Federal using the
contact information above.
This communication shall not constitute an offer to sell or the
solicitation of an offer to sell or the solicitation of an offer to
buy any securities.

This press release contains statements that may be considered
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933 and Section 21E of the Securities Exchange Act
of 1934. These forward-looking statements are intended to be covered
by the safe harbor provisions for forward- looking statements
contained in the Private Securities Litigation Reform Act of 1995, and
this statement is included for purposes of complying with these safe
harbor provisions. These forward-looking statements are based on
current plans and expectations, which are subject to a number of risk
factors and uncertainties that could cause future results to differ
materially from historical performance or future expectations. These
differences may be the result of various factors, including, among
others: (1) failure of the parties to satisfy the closing conditions
in the merger agreement in a timely manner or at all; (2) failure of
the shareholders of Financial Federal Corporation to approve the
merger agreement; (3) disruptions to the parties' businesses as a
result of the announcement and pendency of the merger; (4) costs or
difficulties related to the integration of the businesses following
the merger; (5) changes in general, national or regional economic
conditions; (6) the risk that the anticipated benefits, cost savings
and any other savings from the transaction may not be fully realized
or may take longer than expected to realize (7) changes in loan
default and charge-off rates; (8) reductions in deposit levels
necessitating increased borrowings to fund loans and investments;
(9) changes in interest rates or credit availability; (10) changes in
levels of income and expense in noninterest income and expense related
activities; and (11) competition and its effect on pricing, spending,
third-party relationships and revenues.

For additional factors that may affect future results, please see
People's United's and Financial Federal Corporation's filings with the
Securities and Exchange Commission, including People's United's Annual
Report on Form 10-K for the year ended December 31, 2008 and Financial
Federal Corporation's Annual Report on Form 10-K for the year ended
July 31, 2009. People's United and Financial Federal Corporation
undertake no obligation to publicly update or revise any
forward-looking statement, whether as a result of new information,
future events or other changes.

                                # # #