WBS
- Webster Financial Corporation
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Overview
Company Summary
Webster Financial Corporation (WBS) is a diversified financial services company operating primarily in the community banking segment. Established in 1935 and headquartered in Waterbury, Connecticut, Webster Financial Corporation provides a wide range of banking products and services to individuals, families, and businesses.
The company operates through its subsidiary Webster Bank, which is a full-service commercial bank serving customers in four core markets: Connecticut, Massachusetts, Rhode Island, and Westchester County, New York. Webster Bank aims to build deep customer relationships by offering personalized banking solutions and exceptional customer service.
Webster Financial Corporation offers various financial products and services, including personal and business banking, lending and credit, investment and wealth management, trust and custody services, and financial planning. These services are designed to meet the unique needs and goals of individuals, families, and businesses at different stages of their financial journey.
In the personal banking segment, Webster Bank provides customers with services such as checking and savings accounts, certificates of deposit (CDs), debit and credit cards, mortgages, home equity loans, personal loans, and online and mobile banking facilities. These offerings enable customers to manage their day-to-day finances efficiently and pursue their long-term financial objectives.
For businesses, Webster Bank offers tailored solutions to support their growth and financial management needs. These include commercial lending, cash management services, treasury and payment solutions, equipment financing, merchant services, and healthcare financing. Webster Bank understands the importance of local decision-making and offers personalized relationships with clients, providing them with knowledgeable guidance and expertise in navigating complex financial situations.
Webster Financial Corporation is committed to the communities it serves and actively participates in various community development initiatives. The company believes in giving back and making a positive impact through corporate social responsibility efforts, including philanthropic giving, volunteerism, and community partnerships.
Overall, Webster Financial Corporation and its subsidiary Webster Bank strive to be trusted financial partners, helping individuals, families, and businesses achieve their financial goals through personalized and innovative banking solutions.