Tag: Webster Bank
3 R.I. banks score highly in efforts to serve low-income...
PROVIDENCE – The federal Office of the Comptroller of the Currency announced performance evaluations of 32 national banks’ efforts to honor the terms of...
Westerly location among 6 Webster branches sold to United Bank
WESTERLY – Webster Bank N.A. of Waterbury, Conn., has entered into an agreement to sell six bank branches to United Bank of Hartford, Conn.,...
Navigating the new rules affecting SBA loans
For months, you’ve been working to acquire a business using a Small Business Administration loan. But now you learn you need to bring substantially...
Webster Bank posts $80M Q1 profit
WATURBURY, Conn – Webster Financial Corp. on Thursday reported first-quarter profit grew 34.9 percent to $80.2 million, or 85 cents per diluted share, compared...
Five Questions With: John R. Ciulla
When John R. Ciulla became CEO of Webster Bank at the beginning of 2018, he was just the third chief executive in the bank’s...
Five Questions With: John Olerio
John Olerio is director and senior vice president of investment services at Webster Bank. He talks with Providence Business News about a new digital...
Banks are optimistic tax reform will benefit the bottom line long-term
The Rhode Island banking community has largely celebrated the sweeping tax overhaul approved by Congress that among other things lowered the corporate tax rate...
Webster Bank launches new digital-investment platform
PROVIDENCE – In a move to expand its digital services, Webster Bank has launched a new online-investment platform called Guided Wealth Portfolio.
The new platform...
Webster reports Q4, 2017 profit growth
PROVIDENCE – Webster Financial Corp. on Tuesday reported 2017 profit increased 23.3 percent to $255.4 million, or $2.67 per diluted share, compared with $207.1...
Citizens Bank grows share of deposits in the region
PROVIDENCE –Citizens Bank N.A. cemented its position as the bank in the region with the highest market share of deposits on June 30, according...
