PR Newswire
WATERBURY, Conn., June 14, 2017
WATERBURY, Conn., June 14, 2017 /PRNewswire/ -- Webster
Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., announced today
that it has raised its prime lending rate to 4.25 percent from 4.00 percent effective tomorrow, June
15, 2017.
About Webster
Webster Financial Corporation is the holding company for Webster Bank, National Association. With
$26.0 billion in assets, Webster provides business and consumer banking, mortgage, financial
planning, trust, and investment services through 167 banking centers and 346 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 .
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SOURCE Webster Financial Corporation