Webster Financial (NYSE:WBS) is a bank holding company headquartered in Waterbury, Connecticut, operating primarily through its subsidiary, Webster Bank. The company delivers a full suite of commercial and retail banking solutions, encompassing deposit accounts, lending products, treasury management services, mortgage origination and servicing, wealth management, and indirect auto financing. Webster Financial’s diversified approach allows it to serve both individual consumers and a broad range of businesses, from small enterprises to mid-sized corporations.
On the retail side, Webster Bank offers traditional deposit products such as checking, savings, money market accounts, and certificates of deposit, along with personal loans, home equity lines of credit, residential mortgages and refinancing options. The bank’s commercial segment provides lending for commercial real estate, construction projects, equipment financing, and working-capital lines of credit. Treasury management solutions include electronic payments, remote deposit capture, fraud prevention tools and liquidity management services, helping corporate clients streamline cash flows and optimize operational efficiency.
Webster Financial also maintains an active mortgage banking division, originating home purchase and refinance loans through its branch network and digital channels. Its wealth management arm delivers investment advisory, trust and fiduciary services, retirement planning and insurance solutions, tailored to high-net-worth individuals and institutional clients. The indirect auto finance business complements these offerings by partnering with dealerships to provide consumer vehicle financing, leveraging a network of automotive retailers across its operating footprint.
Founded in 1935 as the Third National Bank of Waterbury, Webster Financial has grown through organic expansion and strategic acquisitions, including mergers with community banks and regional lenders. Today, the company serves customers throughout the Northeastern United States, with a presence in Connecticut, Massachusetts, New York, New Jersey and Rhode Island. Under the leadership of President and Chief Executive Officer John R. Ciulla, Webster Financial continues to focus on technology investments, customer experience enhancements and disciplined credit management to support its mission of building lasting relationships with clients and communities.
