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Webster Bank reports $644M profit for 2022, boosted by Sterling merger

STAMFORD, Conn. – Webster Financial Corp. continues to reap financial benefits – and some extra costs – from a $10.3 billion merger with a...

BankNewport breaks ground on new Lincoln branch

MIDDLETOWN – BankNewport is expanding into northern Rhode Island. The Middletown-based community bank recently broke ground on a new branch in Lincoln, which is slated...

Affordable checking account from Webster Bank receives national certification

NEW YORK – A Webster Bank checking account with fewer fees has been certified by a national nonprofit for meeting national standards for being...

Webster Bank to acquire deposit management platform with $9B in deposits

STAMFORD, Conn. – Webster Bank is slated to get a $9 billion deposit boost from buying a deposit management platform, according to a news...

Webster Bank leader to head American Bankers Council

STAMFORD, Conn. – Webster Financial Corp. CEO and President John Ciulla was recently appointed as the 2022-23 chairperson of the American Bankers Association’s American Bankers...

Webster sees Q3 profits double after Sterling merger

STAMFORD, Conn. – Webster Financial Corp. more than doubled its third-quarter profits over a year ago, reporting $229.8 million in earnings on Thursday. The Webster...

Eagle Academy Foundation, Webster Bank launch finance program in schools

STAMFORD, Conn. – Webster Bank is teaming up with a public school network to teach students in participating schools about personal finance, according to...

Webster Bank sponsors RiMaConn relay

PROVIDENCE – Webster Bank recently served as a presenting sponsor for a three-state relay endurance event spanning Rhode Island, Massachusetts and Connecticut, according to...

Webster posts $182M Q2 profit, boosted by Sterling merger

STAMFORD, Conn. – After ending the first quarter in the red due to merger-related costs, Webster Financial Corp. rebounded with a $182.3 million second-quarter...

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...
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