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Webster Bank

🔒CT community bankers back $10M FDIC insurance limit proposal to compete with larger rivals

Connecticut community bankers back bipartisan push to raise FDIC insurance cap from $250K to $10M for business accounts, saying it would level the playing field with big banks viewed as too big to fail.

Webster Bank parent raises CFO pay, approves $500K stock grant

Webster Financial Corp.’s top finance executive is getting a raise.

🔒Amid 90th anniversary, Webster Financial posts ‘record’ 3Q earnings per share

Webster Financial reported strong third-quarter results Friday, saying profit rose on the strength of loan and deposit growth.

🔒Bank of America, Webster remain in tight race for deposit dominance in Connecticut

Bank of America and Webster Bank are nearly tied for the largest share of deposits in Connecticut.
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🔒Webster Financial completes $350M subordinated notes sale

Webster Financial Corp., the Waterbury-based parent of Webster Bank, has completed a $350 million public offering of...

🔒Monroe retail property anchored by bank branch, auto parts store sells for $2.06M 

A retail property at 495 Monroe Turnpike in Monroe, home to a NAPA Auto Parts store and...

Webster Bank names new executive to C-suite

The regional lender has named a new chief risk officer and executive vice president.

Former exec of First Republic Bank chosen to succeed Webster’s retiring CFO

The former chief financial officer of a San Francisco bank that failed last year has been hired...
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Webster teams with Bridgeport workforce nonprofit on $750K resource center

Stamford-based Webster Bank will partner with workforce development nonprofit Career Resources Inc., on a resource center to...

Five months into merger, Webster Financial profits rebound

With a rebound in profits reversing a first quarter drop in per-share income, Stamford-based Webster Financial is...
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