HSA Bank Announces Online Enrollment Capability WATERBURY, Conn., May 2 /PRNewswire-FirstCall/ -- HSA Bank(TM), a division of Webster Bank, N.A., a subsidiary of Webster Financial Corporation (NYSE: WBS), has launched an online enrollment feature on its website: http://www.hsabank.com/ . The feature enables prospective accountholders to complete and submit health savings account (HSA) applications on the Internet. HSA Bank's account volume increased 350% from the first quarter 2004 to the first quarter 2005. Expecting that accounts will continue to grow significantly, HSA Bank has decided to facilitate the enrollment process utilizing the Internet. "HSA Bank is committed to providing accountholders with convenient access to their health savings account 24 hours a day," said Itamar Romanini, senior vice president, Information Technology. "The online enrollment process has a verification feature to ensure an application is completed properly before it is submitted. Once completed, customers receive instant email confirmation that their account is open." Online enrollment is a less costly and more convenient way to establish a health savings account. The one-time set-up fee for online applications is lower than paper application fees. Currently accountholders pay an initial fee and contribution by check or credit card. "Online enrollment is quick, easy and greatly reduces the processing time for an application," said Kirk Hoewisch, president of HSA Bank. "As HSA volume increases, online enrollment will ensure HSA Bank continues to meet customer needs." HSA Bank serves customers in every state in the nation and is one of the first financial institutions nationwide to offer health savings accounts. HSA Bank combines convenience, service and savings with low account maintenance fees, high interest rates for investments, 24-hour account access online or through an automated telephone system and outstanding personal service. For more information about HSA Bank, visit the HSA Bank website at http://www.hsabank.com/ . Webster Financial Corporation is the holding company for Webster Bank, National Association and Webster Insurance. With $17.4 billion in assets, Webster provides business and consumer banking, mortgage, insurance, financial planning, trust and investment services through 153 banking offices, 291 ATMs, telephone banking and the Internet. Webster Bank owns the asset-based lending firm Webster Business Credit Corporation, the insurance premium finance company Budget Installment Corp., Center Capital Corporation, an equipment finance company headquartered in Farmington, Connecticut and provides health savings account trustee and administrative services through HSA Bank, a division of Webster Bank. For more information about Webster, including past press releases and the latest annual report, visit the Webster website at http://www.websteronline.com/ . Media Contact: Investor Contact: HSA Bank: Becky Seefeldt 920-803-4215 Terry Mangan 203-578-2318 Webster: Meghan Thompson 203-578-2287 DATASOURCE: Webster Financial Corporation CONTACT: Media: Becky Seefeldt of HSA Bank, +1-920-803-4215, ; or Media: Meghan Thompson, +1-203-578-2287, , or Investor: Terry Mangan, +1-203-578-2318, , both of Webster Bank, N.A. Web site: http://www.websterbank.com/ http://www.websteronline.com/ http://www.hsabank.com/

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