Webster Financial Corporation (WBS) NYSE

55.81

-0.1(-0.18%)

Updated at October 23 04:00PM

Currency In USD

Webster Financial Corporation

Address

200 Elm Street

Stamford, CT 06902

United States of America

Phone

203 578 2202

Sector

Financial Services

Industry

Banks - Regional

Employees

4297

First IPO Date

December 12, 1986

Key Executives

NameTitlePayYear Born
Mr. John R. CiullaChairman & Chief Executive Officer2.7M1966
Mr. Daniel H. BleyChief Risk Officer860,2581969
Mr. William Holland C.F.A., CPAChief Financial Officer & Executive Vice President1.34M1978
Ms. Kristy Berner Esq.Executive Vice President, General Counsel and Corporate Secretary1.41M1974
Mr. Christopher J. MotlPresident of Commercial Banking1.91M1971
Mr. Luis R. MassianiPresident & Chief Operating Officer2.12M1977
Mr. Albert J. Wang CPAExecutive Vice President & Chief Accounting Officer01975
Mr. Emlen Briggs Harmon C.F.A.Director of Investor Relations0N/A
Mr. Javier L. EvansExecutive Vice President & Chief Human Resources Officer01962
Mr. Vikram NafdeChief Information Officer01976

Description

Webster Financial Corporation operates as the bank holding company for Webster Bank, National Association that provides a range of banking, investment, and financial services to individuals, families, and businesses in the United States. It operates through three segments: Commercial Banking, HSA Bank, and Retail Banking. The Commercial Banking segment provides lending, deposit, and cash management services; commercial and industrial lending and leasing, commercial real estate lending, equipment financing, and asset-based lending, as well as treasury and payment services; wealth management solutions to business owners, operators, and consumers; and trust, asset management, financial planning, insurance, retirement, and investment products. The HSA Bank segment offers health savings accounts, health reimbursement arrangements, flexible spending accounts, and commuter services that are distributed directly to employers and individual consumers, as well as through national and regional insurance carriers, consultants, and financial advisors. The Retail Banking segment provides deposit and fee-based services, residential mortgages, home equity lines, secured and unsecured loans, and credit cards to consumers. The company also offers online and mobile banking services. As of December 31, 2021, it operated 130 banking centers and 251 ATMs. The company was founded in 1935 and is headquartered in Stamford, Connecticut.