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Webster Bank Appoints Richard Landau SVP and Credit Executive

WATERBURY , Conn. , August 16, 2010 – Webster Bank, N.A., the main subsidiary of Webster Financial Corporation (NYSE: WBS), has appointed Richard Landau to senior vice president and credit executive.

In this position, Landau manages the credit risk for all of Webster's retail lending products, including residential mortgage loans, home equity loans and lines, and personal unsecured loans and lines. Landau joined Webster in 2008 from JPMorgan Chase where he worked as vice president in the mortgage division. Prior to JP Morgan Chase, Landau worked for American Express.

Landau has a BS in engineering from Tufts University and an MBA in Finance from New York 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)