Webster Bank to acquire deposit management platform with $9B in deposits

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WEBSTER FINANCIAL CORP., Webster Bank’s parent company, recently announced its definitive agreement to acquire interLINK, a deposit gathering platform with more than $9 billion 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 release. Webster Financial Corp., the bank’s parent company, recently announced its definitive agreement to acquire interLINK, a deposit gathering platform with over $9 billion in deposits, from lending firm Stone Castle…

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