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Webster Bank hires new liaisons to serve low-income, minority borrowers

PROVIDENCE – Webster Bank recently announced a new program aimed at helping lower-income and minority borrowers across its footprint, according to a news release. The...

Webster announces $6.5B investment, new office for community relations

PROVIDENCE – Webster Financial Corp., the holding company for Webster Bank, recently announced a $6.5 billion investment in its local communities, coupled with a...

Webster Bank becomes founding member of national banking-as-a-service group

PROVIDENCE – Webster Bank has signed on to a new, national banking-as-a-service association as a founding member, according to a news release. The Bankers Helping...

Webster Bank has $17M Q1 loss after closing Sterling merger

STAMFORD, CONN. – Higher costs associated with the merger with Sterling Bancorp left Webster Financial Corp. $16.8 million in the red for the first...

Navigant Credit Union opens 2 new branches in February

SMITHFIELD – Navigant Credit Union is growing, and fast. The Smithfield credit union recently opened two new branches, one in North Providence and one in...

Webster Bank completes merger with Sterling Bancorp

STAMFORD, Conn. - Webster Financial Corp. announced Tuesday it has completed its $10.3 billion merger with New York’s Sterling Bancorp. Federal regulators signed off...

Webster Bank reports $409M 2021 profit ahead of upcoming merger

WATERBURY, Conn. – Webster Financial Corp. nearly doubled its profits in 2021 as the bank slashed the amount of money it set aside for...

Webster Bank named top SBA lender in New England

PROVIDENCE – Webster Bank was recently recognized for financing the most money in U.S. Small Business Administration small-business loans in New England in fiscal...
FEDERAL REGULATORS have signed off on the $10.3 billion merger between Webster Financial Corp. and Sterling Bancorp, the companies announced on Monday. / PBN FILE PHOTO

Federal regulators approve $10.3B Webster Bank merger

WATERBURY, Conn. – Federal regulators have signed off on the $10.3 billion merger between Waterbury-based Webster Financial Corp. and Montebello, N.Y.-based Sterling Bancorp, the...

Bank of America adds North Smithfield branch to list of local...

PROVIDENCE – Bank of America Corp. continues to shutter branches throughout Rhode Island, with its North Smithfield location the latest on the chopping block. The...

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