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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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Webster Bank’s Bob Polito Amongst 2012 Community Bank Heroes

WATERBURY, Conn., July 5, 2012 – Webster Bank is pleased to announce that Bob Polito, senior vice president, director of government guaranteed lending, has been named a Community Bank Hero by The Commercial Record. This award recognizes local bankers who have made outstanding contributions to the industry and to the community, giving freely of their time, energy and resources for volunteerism, community service and charity.

“Bob lives the Webster Way,” said John Guy, SVP, director of business and professional banking at Webster Bank. “‘Since the bank was founded during the Great Depression to help people buy and build their homes, ‘doing the right thing’ has been part of our DNA. This award reflects how its part of Bob’s DNA as well, whether it’s working at Webster, serving our country, or committing time to community.”

Bob has 25 years of banking experience. The recipient of numerous awards, in 2009, he was named the Veteran Business Champion of the Year by the Small Business Administration’s Connecticut District Office. He was recently elected president of the SBA’s ‘CT Key to the Future,’ the SBA’s educational and business outreach non-profit entity. Bob is a former Army captain serving with Connecticut’s 1/102d & 1/169th Infantry Battalions as a company commander. He was twice awarded The Army Reserve Components Achievement Medal for exemplary behavior, efficiency, and fidelity while serving as a member of his Unit. He was selected as an Honorary Grand Marshal for the 2010 Greater Hartford Veteran’s Day Parade.

As for community service, Bob has served on numerous boards and was the president of the University of New Haven's alumni association. Bob is presently the vice-chairman of Connecticut’s Masonic Charity Foundation and the Chairman of Masonicare's Investment Committee.

Bob will be honored at the 2012 Community Bank Heroes Awards dinner on Wednesday, July 18 at the Hartford Farmington Marriott. Presented by The Commercial Record, the Community Bank Hero honorees were chosen by an independent panel. To be eligible, an individual must work in a Connecticut community bank, be a respected industry professional who makes a significant impact on those around them, make outstanding contributions to their institution, have major positive influence on peers, subordinates, and the industry as a whole and gives back to the industry and the community.

About Webster Bank

With $19 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust and investment services through 168 banking offices, 466 ATMs, telephone banking, mobile banking, and the Internet. Webster Bank owns the asset based lending firm Webster Business Credit Corporation; the equipment finance firm Webster Capital Finance Corporation; and provides health savings account trustee and administrative services through HSA Bank, a division of Webster Bank. Member FDIC and equal housing lender. For more information about Webster, including past press releases and the latest annual report, visit the Webster website at Webster Financial Corporation is the holding company for Webster Bank, National Association.

Media Contact:
Sarah Barr, 203-578-2287