Webster Bank to Acquire HSA Provider Bend Financial
The parent company of Webster Bank has agreed to acquire Boston-based Bend Financial Inc., a technology company that offers a cloud-based platform for health savings accounts.
Webster Bank Sees Growth in HSAs
Webster Financial Corporation, the holding company for Webster Bank and its HSA Bank division, had earnings of $88.1 million, or $0.96 per diluted share, for the quarter ending Dec. 31, 2019.
Webster Financial Corp. Q2 Earnings Continue To Reflect HSA Strategy
Webster Financial Corp., the holding company of the Waterbury, Connecticut-based Webster Bank, saw a net income of $59.5 million at the end of the second quarter, up roughly $11 million compared to the second quarter of last year.
Republicans Introduce Health Savings Act In Effort To Roll Back ACA
As part of an ongoing effort to unwind the Affordable Care Act, three Republican lawmakers yesterday introduced a piece of legislation intended to expand eligibility for health savings accounts.
