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.
|
Media
Contact:
|
Investor
Contact:
|
|
Alice Ferreira,
203-578-2610
|
Terry Mangan,
203-578-2318
|
|
acferreira@websterbank.com
|
tmangan@websterbank.com
|
View original
content:http://www.prnewswire.com/news-releases/webster-raises-prime-lending-rate-to-450-percent-300571138.html
SOURCE Webster Financial Corporation