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Webster Bank Promotes Kim Syrop to SVP
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WATERBURY, CT, December 5, 2011 – Webster Bank, a leading regional bank, today announced the promotion of Kim Syrop to senior vice president, fraud mitigation and loss management. In this role, Syrop is responsible for the bank’s fraud prevention strategies as well as investigation and recovery of losses, all of which require her to work closely with local and federal law enforcement in the prosecution of financial crimes.

Syrop joined Webster in February of 2007. Her previous experience includes extensive work in regulatory compliance, specifically with the Bank Secrecy Act and Anti-Money-Laundering. Additionally, Syrop spent years in branch banking, credit card servicing, and telemarketing, where she was involved with recruiting, training, staff development, and project management.

“Webster always looks for ways to promote from within and Kim is another excellent example of our wealth of talent,” said Rose Gaidos, senior vice president, bank operations, security and facilities. “Kim’s promotion reflects her ongoing commitment to compliance and the protection of customers and their accounts.”

A resident of Orange, CT., Syrop is also a member of the executive board of the Connecticut Chapter of the International Association of Financial Crime Investigators (IAFCI) and a mentor with the Governor’s Prevention Partnership. She is a graduate of the University of Connecticut where she holds a bachelors degree.

Webster Financial Corporation is the holding company for Webster Bank, National Association. With $18.0 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust and investment services through 168 banking offices, 485 ATMs, telephone banking and the Internet. Webster Bank owns the asset-based lending firm Webster Business Credit Corporation; the equipment finance firm Webster Capital Finance; 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 www.websterbank.com.