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Webster Bank finances $11.2M loan to South County Health

PROVIDENCE – Webster Bank recently provided an $11.2 million leasehold mortgage to South County Health, according to a news release. The 17-year loan will help...

Merger between Webster Financial and Sterling gains stockholder approval

PROVIDENCE – Stockholders have signed off on the merger deal between Webster Financial Corp. and New York-based Sterling Bancorp, the companies announced in a...

Webster Bank offers new retiree reimbursement option through HSA Bank

PROVIDENCE – Webster Bank will now offer an alternative to defined benefit contribution plans aimed at helping retirees offset health care costs in retirement,...

Webster Bank reports $94M Q2 profit

WATERBURY, Conn. – Webster Financial Corp. saw a 77% increase in quarterly earnings compared to a year ago, reporting on Thursday a $94 million...

Five Questions With: Gregory Gould

Gregory Gould serves as senior vice president and manager of government guaranteed lending at Webster Bank. He joined the bank in 2015 after serving...

Webster Bank joins forces with N.Y. lender in $10.3B merger while...

WATERBURY, Conn. – Connecticut-based Webster Financial Corp. announced on Monday it will merge with a similarly sized New York bank. The all-stock transaction, valued at...

Centreville Bank recognized for customer satisfaction during pandemic

WEST WARWICK – Centreville Bank was recognized as the “top pandemic performer” among Rhode Island banks by Northeast Banking magazine, according to a news...
GONE SOON: This Webster Bank branch on Main Street in East Greenwich is one of three Webster locations in Rhode Island and southeastern Massachusetts set to close in the coming months. Webster has 10 Rhode Island branches now. / PBN PHOTO/ELIZABETH GRAHAM

New wave of closures set to hit bank branches

A year ago, COVID-19 forced many banks to temporarily shutter branch offices. Now some of those branches are closing again. This time, it’s permanent. TD...

2021: Embrace new opportunities with these seven tips

As the pandemic abates and the economy recovers, how can you ready your business to take advantage of post-pandemic opportunities? Here a few tips: • Talk...

Webster Bank reports $221M profit in 2020

WATERBURY, Conn. – Webster Financial Corp., the parent company for Webster Bank, on Thursday reported a 42.4% drop in profits over the prior year,...

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