Tag: Webster Bank
Webster Bank parent posts $216.3M profit in Q1
STAMFORD, Conn. – Webster Financial Corp., the parent company of Webster Bank, on Monday said it recorded a $216.3 million profit in the first...
Webster Bank parent sees profits rise 35% in 2023 but decline...
STAMFORD, Conn. – Webster Financial Corp., the parent company of Webster Bank, says it recorded a $867.8 million profit in 2023, marking a 34.7%...
Webster Bank launches credit program to expand homeownership opportunities
PROVIDENCE – Webster Bank recently launched its first Special Purpose Credit Program aimed at expanding homeownership opportunities for low- to moderate-income first-time homebuyers, and...
Study: 36% of U.S. consumers feel equipped to make smart financial...
PROVIDENCE – Fewer than 4 in 10 U.S. consumers feel strongly that they have the knowledge to make “smart financial decisions,” according to findings...
Webster Bank parent posts $216.8M profit in Q1
STAMFORD, Conn. – Webster Financial Corp. on Thursday declared earnings of $216.8 million for the first quarter of 2023.
The profit marked a strong recovery...
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...