PR Newswire
WATERBURY, Conn., Dec. 13, 2017
WATERBURY, Conn., Dec. 13, 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 4.50 percent from 4.25 percent effective tomorrow, December
14, 2017.
About Webster
Webster Financial Corporation is the holding company for Webster Bank, National Association. With $26.4
billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust, and investment
services through 167 banking centers and 338 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