WATERBURY, Conn., June 13, 2018 /PRNewswire/ -- Webster
Financial Corporation (NYSE: WBS), the holding company for
Webster Bank, N.A., and its HSA Bank
division, announced today that it has raised its prime lending rate
to 5.00 percent from 4.75 percent effective tomorrow, June 14, 2018.
About Webster
Webster Financial Corporation is the holding company for
Webster Bank, National Association
and its HSA Bank division. With $26.8
billion in assets, Webster provides business and consumer
banking, mortgage, financial planning, trust, and investment
services through 163 banking centers and 329 ATMs. Webster also
provides mobile and Internet banking. Webster Bank owns the asset-based lending firm
Webster Business Credit Corporation; the equipment finance firm
Webster Capital Finance Corporation; and HSA Bank, a division of
Webster Bank, which provides health
savings account trustee and administrative services. Webster Bank is a member of the FDIC and an
equal housing lender. For more information about Webster, including
past press releases and the latest annual report, visit the Webster
website at www.websterbank.com.
Media
Contact:
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Investor
Contact:
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Alice Ferreira,
203-578-2610
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Terry Mangan,
203-578-2318
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acferreira@websterbank.com
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tmangan@websterbank.com
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content:http://www.prnewswire.com/news-releases/webster-raises-prime-lending-rate-to-5-00-percent-300666101.html
SOURCE Webster Financial Corporation