Tag: Webster Bank
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...
Webster announces $6.5B investment, new office for community relations
PROVIDENCE – Webster Financial Corp., the holding company for Webster Bank, recently announced a $6.5 billion investment in its local communities, coupled with a...
Webster Bank becomes founding member of national banking-as-a-service group
PROVIDENCE – Webster Bank has signed on to a new, national banking-as-a-service association as a founding member, according to a news release.
The Bankers Helping...
Webster Bank has $17M Q1 loss after closing Sterling merger
STAMFORD, CONN. – Higher costs associated with the merger with Sterling Bancorp left Webster Financial Corp. $16.8 million in the red for the first...
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