News Releases

Webster is a leading regional bank serving businesses and consumers in the northeast. We are a community minded and values driven financial institution that’s been around 80 years.

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06/19/17Banker Recognized for United Way Fundraising Efforts
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06/14/17Webster Raises Prime Lending Rate to 4.25 Percent
WATERBURY, Conn., June 14, 2017 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., announced today that it has raised its prime lending rate to 4.25 percent from 4.00 percent effective tomorrow, June 15, 2017.    About Webster Webster Financial Corporation is the holding company for Webster Bank, National Association. With $26.0 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust, and i... 
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06/13/17John Olerio of Webster Bank Named to Industry Association Board
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05/22/17Webster Bank celebrates newest corporate offices in Southington, Connecticut
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05/09/17Forbes Names Webster Bank One of America’s Best Employers
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05/04/17Webster Executive Vice Chairman Joseph J. Savage to Retire
WATERBURY, Conn., May 4, 2017 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), parent of Webster Bank, announced today that Executive Vice Chairman Joseph J. Savage will retire effective June 30 following a distinguished 40-year career in banking, culminating in 15 years of outstanding service to Webster. Savage joined Webster in April 2002 as executive vice president, Commercial Banking. He was promoted to president in 2014 and to the board of dire... 
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04/24/17Webster Financial Corporation Increases Common Dividend
WATERBURY, Conn., April 24, 2017 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., announced today that its Board of Directors declared a quarterly cash dividend of $.26 per share on its common stock, an increase of $.01 from the previous $.25 per share. James C. Smith, chairman and CEO, said, "In light of Webster's continued solid financial performance and strong capital position, the Board of Directors voted to increase the dividend on ou... 
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04/21/17Webster Reports 2017 First Quarter Earnings
WATERBURY, Conn., April 21, 2017 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., today announced earnings applicable to common shareholders of $57.3 million, or $0.62 per diluted share, for the quarter ended March 31, 2017 compared to $44.9 million, or $0.49 per diluted share, for the quarter ended March 31, 2016. "Record net income was driven by $1.1 billion in commercial loan growth year-over-year, fully funded by HSA and transactional ... 
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04/13/17Webster Bank Arranges $7 Million Financing for New England Brewing Facility
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04/10/17Chief Financial Officer Named for HSA Bank
Webster Bank Chief Accounting Officer Joins Management Team WATERBURY, Conn., April 10, 2017 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., today announced that Gregory S. Madar has been named chief financial officer of HSA Bank effective May 2017. HSA Bank, a division of Webster Bank, is a leading provider of consumer-directed health savings accounts. Madar, 55, has more than 30 years of financial... 
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04/05/17Webster Bank CMO, Dawn Morris, Receives Women in Business Award
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04/05/17Webster Financial Corporation Announces First Quarter 2017 Earnings Release and Conference Call
WATERBURY, Conn., April 5, 2017 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., announced today the following details for its first quarter 2017 earnings release and conference call: Earnings Release:  Friday, April 21, 2017 at approximately 7:30 a.m. EDT Conference Call:     Friday, April 21, 2017 at 9:00 a.m. EDT Dial-in number:      (877) 407... 
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03/20/17Webster Banker Presented Special Travelers Championship Volunteer Award
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03/15/17Webster Raises Prime Lending Rate to 4.00 Percent
WATERBURY, Conn., March 15, 2017 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., announced today that it has raised its prime lending rate to 4.00 percent from 3.75 percent effective tomorrow, March 16, 2017.  About Webster Webster Financial Corporation is the holding company for Webster Bank, National Association. With $26.1 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust, and inv... 
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03/14/17Storm Update: Webster Banking Centers
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03/07/17Four Webster Bankers Promoted
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02/28/17Webster Bank Names 3 Senior Vice Presidents in Commercial Banking
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02/28/17Webster Banker Elected to Chair HBRA Charitable Foundation
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02/27/17Webster Bank Promotes America Saves Week
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02/17/17Webster Bank Receives Healthy Workplace Award
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02/17/17Four Webster Bankers Named Top Advisors
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02/14/17Webster Sets Date for Annual Shareholders Meeting
WATERBURY, Conn., Feb. 14, 2017 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., announced today that its board of directors has scheduled the corporation's annual meeting of shareholders at 4:00 p.m. EDT, April 27, 2017 at the New Britain Museum of American Art, 56 Lexington Street, New Britain, Connecticut. The record date for shareholders to vote at the meeting is February 27, 2017. About Webster Webster Financial Corporation is the... 
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02/09/17Storm Update: Webster Banking Center
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02/08/17Webster Bank Arranges $70 Million for 16 property Skilled Nursing Portfolio
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02/07/17Webster Bankers Go Red in February
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02/03/17Webster Bank Receives Three “Best of Business” Awards
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01/31/17Webster Financial Corporation Declares Common Dividend
WATERBURY, Conn., Jan. 31, 2017 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., announced today that its Board of Directors declared a quarterly cash dividend of $.25 per share on its common stock. The dividend on the common shares will be payable February 28, 2017 to shareholders of record on February 14, 2017. On its Series E Preferred Stock, Webster declared a quarterly cash dividend of $400.00 per share ($.40 per each depository sh... 
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01/19/17Webster Reports 2016 Fourth Quarter Earnings
WATERBURY, Conn., Jan. 19, 2017 /PRNewswire/ -- Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., today announced earnings applicable to common shareholders of $55.5 million, or $0.60 per diluted share, for the quarter ended December 31, 2016 compared to $49.6 million, or $0.54 per diluted share, for the quarter ended December 31, 2015. For the full year 2016, net income available to common shareholders was $198.4 million, or $2.16 per diluted share, compa... 
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01/17/17Webster’s Banking Center Optimization Continues
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01/12/17Webster Bank Promotes Debra Drapalla to Regional President in Boston
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01/11/17Webster Bank Names New SVP of Brand, Affinity, and Community Affairs
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01/06/17Webster Bank Names 3 Senior Vice Presidents
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01/05/17Samuel Hanna Promoted to Lead Middle Market Banking at Webster Bank
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01/04/17Christopher Motl Promoted at Webster Bank
WATERBURY, Conn., Jan. 4, 2017 /PRNewswire/ -- Webster Bank announced today that Christopher Motl, executive vice president, Middle Market Banking has been promoted to executive vice president, head of Commercial Banking.  In his new role, Motl will lead all Commercial Banking business units:  Sponsor & Specialty Finance; Middle Market Banking; Commercial Real Estate; Webster Business Credit Corporation; Webster Capital Finance; and Treasury & Payment Solutions / Government & Institu... 
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