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Webster Bank Appoints Matthew Willard SVP, Director of Financial Intelligence & Corporate Security

WATERBURY , Conn. , August 16, 2010 – Webster Bank, N.A., the main subsidiary of Webster Financial Corporation (NYSE: WBS), has named Matthew Willard senior vice president and director of financial intelligence and corporate security.

In this position, Willard oversees investigations as well as security related to the bank's branches and facilities. Willard joined Webster in 2006 as vice president, financial intelligence unit manager. Prior to joining Webster, he worked from 2000-2006 as a special agent with the United States Treasury Department with expertise in complex financial crime investigations.

Willard is a member of the Association of Certified Anti-Money Laundering Specialists and volunteers with the AYUSA Global Youth Exchange, a program designed to provide a wide range of life-changing cultural exchange experiences for students worldwide. He earned a BS in finance and accounting from Central Connecticut State University .

Webster Financial Corporation is the holding company for Webster Bank, National Association. With $17.7 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust and investment services through 181 banking offices, 500 ATMs, telephone banking and the Internet. Webster Bank owns the asset-based lending firm Webster Business Credit Corporation, Webster Capital Finance, Inc., an equipment finance company headquartered in Farmington , Conn. , and provides health savings account trustee and administrative services through HSA Bank, a division of Webster Bank. Member FDIC and equal housing lender .

Media Contact:
Ed Steadham, 203-578-2287
203-530-2974 (mobile)