Webster Bank Names Massiani President
Connecticut-based Webster Bank has named Luis Massiani as the bank’s president.
Webster Bank to Acquire interLINK
Connecticut-based Webster Bank has agreed to acquire a deposit management platform, adding more than $9 billion in core deposits to the bank.
Webster’s Merger Costs Lead to First Quarter Losses
While merger expenses led to a quarterly loss for Webster Bank’s parent company, bank executives say they have already seen the combination with Sterling National Bank reflected in financial performance.
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 Completes Merger With Sterling National Bank
Connecticut-based Webster Bank has completed its merger with New York-based Sterling National Bank, creating a financial institution with about $65 billion in assets.
Webster Bank Plan to Complete Merger in February
Connecticut-based Webster Bank plans to complete its merger with Sterling National Bank in February after receiving regulatory approval for the deal.
Shareholders Approve Webster, Sterling Deal
The merger between Connecticut-based Webster Bank and New York-based Sterling National Bank moved a step closer to completion yesterday as shareholders of both banks approved the deal.
Webster Bank Merger Would Create $63B Regional Bank
A merger of equals between Connecticut-based Webster Bank, which has about 20 branches in Eastern Massachusetts, and New York-based Sterling National Bank will create a bank with about $63 billion in assets and new headquarters in Stamford, Connecticut.
Webster Bank to Close 27 New England Branches
Webster Bank plans to close 27 of its New England branches, making it the second bank in the region to announce consolidation plans this week.
$2.4B in Webster Bank Loans Receive Modifications
Webster Financial Corp., the holding company for Webster Bank and its HSA Bank division, saw first quarter earnings decline by 63 percent compared to last year.
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.
Smith to Retire as Webster Chairman, Succeded by Ciulla
After more than four decades at the institution founded by his father, former Webster Bank CEO and current Chairman James Smith will retire in April.
Webster Q3 Earnings Down but Deposit, Loan Growth Strong
Webster Financial Corp., the holding company for Webster Bank and its HSA Bank division, announced it made $91.4 million in the third quarter, or $1 per diluted share, compared to $97.5 million in the third quarter of 2018, or $1.06 per diluted share.
Webster Posts Gains In Q4, Looks To Boston With Anticipation
Webster Financial Corp. wound down 2015 with...
Webster Snags Three More Former Citi Branches
Webster Financial Corp. will take over three more...
