Webster Bank

Webster Bank is a financial institution based in Connecticut, founded in 1935 by Harold Webster Smith. Originally established as First Federal Savings of Waterbury, it evolved into a commercial bank and adopted the name Webster Bank in 1995. It operates as the primary subsidiary of Webster Financial Corporation, which is publicly traded and headquartered in Stamford, Connecticut. The bank provides a wide range of financial services, including retail banking, commercial banking, consumer finance, and wealth and investment services. Its offerings encompass personal banking solutions, business banking, commercial lending, treasury services, and wealth management. Webster Bank also includes specialized subsidiaries that focus on asset-based lending and insurance premium finance. With a significant merger in 2022, Webster Bank expanded its presence, operating over 202 branches and 380 ATMs across several states, including Connecticut, Massachusetts, and New York. Under the leadership of CEO John R. Ciulla, Webster Bank prioritizes personalized service and innovative financial solutions, ensuring convenient access for its diverse customer base, which includes individuals, families, and businesses.