WATERBURY, Conn. – Webster Bank this month announced its Military Banking Program, which will give checking and loan benefits to veteran or active-duty personnel serving full or part time.
According to a statement from the bank, the benefits of the program include:
$500 mortgage rebate to go along with the core WebsterOne Relationship checking account.
A 0.25 percent discount on Home Equity Loans and Home Equity Lines.
Fixed Rate Loans discount 0.5 percent off interest rate
SBA Veterans Advantage program for veterans/spouses who either own or want to start a business. SBA guarantee fees are waived and reduced.
Free WebsterOne checks.
Free Travelers cheques;
Free WebsterOne Savings accounts with higher rates.
Free withdrawals at non-Webster ATMs; Webster will also rebate the surcharges assessed by other banks.
Free withdrawals at international ATMs; Webster will also rebate the surcharges assessed by other banks.
According to the bank, all that’s needed is a valid military ID or an acceptable DD214. Only one military account is allowed per family.
Interested parties can contact Webster’s Customer Care Center at 1-888-4WEBSTER.
