Webster raises prime rate to 4.75%

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STAMFORD, Conn., June 15, 2022 /PRNewswire/ — Webster Financial Corporation (NYSE: WBS), the holding company for Webster BankNA and its HSA Bank division, today announced that they have raised their key rate from 4.00% to 4.75%, effective June 16, 2022.

About Webster
Webster Financial Corporation (NYSE:WBS) is the holding company of Webster BankNational Association and its HSA Bank management. Webster is a leading commercial bank in the North East offering a wide range of digital and traditional financial solutions across three distinct business lines: Commercial Banking, Consumer Banking and its HSA Banking Division, one of the nation’s largest benefits solutions providers. Based at Stamford, ConnecticutWebster is a values-driven organization with over $65 billion in assets. Its primary footprint spans the northeastern United States, from New York at Massachusetts, with some companies operating in large geographic areas. 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 Webster’s website at www.websterbank.com.

Media Contact:
Alice Ferreira203-578-2610
[email protected]

Investor contacts:
Emlen Harmon212-309-7646
[email protected]

SOURCE Webster Financial Corporation

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