WATERBURY, Conn. – One Rhode Island branch and two in Bristol County, Mass., are among the 27 Webster Bank branches slated to close next year, according to new filings with the Office of the Comptroller of the Currency.
The Connecticut-based bank announced earlier this month plans to shutter 27 branches in the spring, but did not specify which ones. The Office of the Comptroller of the Currency’s latest weekly bulletin, which reflects filing activity from Nov. 29 to Dec. 5, reveals the locations of 23 branches on the chopping block.
Just one of those identified is in Rhode Island- on Main Street in East Greenwich. Another two are in Bristol County, Massachusetts- on Plymouth Avenue in Fall River and Pleasant Street in New Bedford.
The remaining 21 branches closing span Connecticut and Massachusetts.
Asked about potential layoffs as a result of the impending closures, Webster Bank spokeswoman Kelly Raskauskas said in a statement, “Webster bankers have always been our most valuable asset, and Webster expects that bankers at affected centers will have an opportunity to continue their careers at the company.”
Webster Bank has a four-state footprint that includes 20 branches in Rhode Island and Bristol County, Mass., according to PBN’s 2020 Book of Lists. It also operates in New York.
Nancy Lavin is a PBN staff writer. You may reach her at Lavin@PBN.com.
