WATERBURY, Conn., Dec. 14, 2016 /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 3.75 percent from 3.50
percent effective tomorrow, December
15, 2016.
Webster Financial Corporation is the holding company for
Webster Bank, National Association.
With $25.6 billion in assets, Webster
provides business and consumer banking, mortgage, financial
planning, trust, and investment services through 176 banking
centers, 350 ATMs, telephone banking, mobile banking, and the
Internet. 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
|
Sarah Barr,
203-578-2287
|
Terry Mangan,
203-578-2318
|
sbarr@websterbank.com
|
tmangan@websterbank.com
|
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SOURCE Webster Financial Corporation