Tuesday, October 19, 2021

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Webster Bank donates $25,000 to American Red Cross

PROVIDENCE – Webster Bank recently announced a $25,000 donation to the American Red Cross to support disaster recovery efforts from Tropical Storm Isaias. The disaster...

Webster Bank posts $51M Q2 profit

WATERBURY, Conn. – Webster Financial Corp., the parent company for Webster Bank, saw a 46.2% year-over-year cut to profits, ending the second quarter at...

Contactless Banking: Five Ways Your Business Can Stay Safe — and...

Contactless transactions have become more than a convenience; they’ve become an essential component of doing business. Not only have they become necessary to avoid the...

Webster Bank launches financial program for ‘frontline heroes’

PROVIDENCE – Webster Bank is offering perks to essential health care workers and first responders through its newly launched “Frontline Heroes” program, according to...

At least 5 R.I. banks to offer low-interest loans via Main...

PROVIDENCE – Five banks with locations in Rhode Island have confirmed to Providence Business News that they will participate in the Main Street Lending...

Five Questions With: Teshia Levy-Grant

Teshia Levy-Grant was recently named senior vice president and diversity and inclusion officer for Webster Bank. Levy-Grant previously served for four years as dean...

Webster Bank donates $100K to racial justice organizations

PROVIDENCE – Webster Bank recently announced a $100,000 donation to two organizations that address social and racial justice, according to a news release. The bank...
THAT’S A WRAP: Cooley Group employee Jonathan Rosado Morales packages finished product, an environmental protection barrier for the U.S. military. Despite a shortage of raw material, Cooley has maintained its shipping schedules. / COURTESY COOLEY GROUP

Pandemic Diary: Shortages force creation of new strategies

(Editor’s note: This is the sixth installment in a weekly series on how Cooley Group is managing the COVID-19 pandemic, from the perspective of...
A CLOSER LOOK: Cooley extruder team leader Jaimie Rodriguez inspects the product as it’s being manufactured at the Pawtucket factory. CEO Daniel Dwight says Cooley has remained operational because of financial-resiliency planning. / COURTESY COOLEY GROUP

Pandemic Diary: The quest for financial resiliency

(Editor’s note: This is the fifth installment in a weekly series on how Cooley Group is managing the COVID-19 pandemic, from the perspective of...
WEBSTER FINANCIAL CORP.

Webster Bank reports 62% cut to first-quarter earnings

WATERBURY, Conn. – Webster Financial Corp., the parent company for Webster Bank, reported a $38.2 million first-quarter profit, representing a 62% cut to earnings...

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