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• USI Holdings Corporation Acquires Webster Insurance, Inc., and Enters into a Marketing Agreement with Webster Bank

  - 2008-02-01

  BRIARCLIFF MANOR, N.Y. -- USI Holdings Corporation ("USI"), today announced the closing of the acquisition of Webster Insurance, Inc., from Webster Financial Corporation (NYSE: WBS), the holding company for Webster Bank, N.A., and the execution of a Marketing Agreement with Webster Bank. Webster Insurance, based in Meriden, Connecticut, is expected...

  Tags: USI Holdings Corp., Webster Bank

• Webster Reports 2006 Fourth Quarter.

  - 2007-01-18

  M2 PRESSWIRE-18 January 2007-Early Watch: Webster Reports 2006 Fourth QuarterC1994-2007 M2 COMMUNICATIONS LTD RDATE:18012007 Webster Financial Corporation (NYSE:WBS) is the holding company for Webster Bank, National Association and Webster Insurance. With $17.1 billion in assets, Webster provides business and consumer banking,...

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• Webster Bank Partners With Tidal Software to Manage Rapid Growth

  - 2006-10-09

  Tidal Software, a leading provider of application scheduling and performance management software, today announced that Webster Bank, a leading financial services provider in southern New England, has recently completed its implementation of Tidal Enterprise Scheduler. Tidal will provide the foundation to assimilate new systems and applications in support of the...

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• 3 lenders bank on downtown White Plains

  - 2005-11-21

  Three banks agree that the redevelopment of downtown White Plains offers enough promise of new depositors and loan activity to justify opening new branches in that section of the city. KeyBank opened its second branch in the county seat's commercial hub - and its fourth Westchester branch - last week,...

  Tags: Emigrant Savings Bank, Webster Bank

• SBA loans rocket after rule changes

  - 2005-11-14

  Both the dollar volume and number of S. Small Business Administration loan guarantees to startup businesses in Westchester rocketed to record highs in the year that ended Sept. 30, as a series of rule changes enticed more participation from banks and uncertainty over the economy drove entrepreneurs to SBA. Figures...

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• Webster Bank adds two more county branches

  - 2005-09-12

  Webster Bank has inked new leases for branches in White Plains and Yonkers, pieces of the bank's long-term plan to open some three-dozen locations in Westchester over the next two years. Construction has begun on a downtown White Plains branch at the northwest comer of Mamaroneck Avenue and East Post...

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• Cross-border Initiative

  - 2005-06-27

  By the close of the fourth quarter of this year, a new bank will have become part of the region's financial landscape. Webster Bank, headquartered in Waterbury, Conn., is slated to open three new branches in Western Mass. in the coming months as part of a broader expansion program that...

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• Hudson City Saving Bank continues LI expansion plan, Webster Bank

  - 2005-06-24

  Two out-of-state banks that wanted to take the road to Long Island have ended up going in different directions. While Paramus, N.J.-based Hudson City Savings Bank opened its second Long Island branch in April, a market entrance by Waterbury, Conn.-based Webster Bank is years away. Hudson City first...

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• Housing market keeps steady.(FOCUS: Real estate and Construction)

  - 2005-06-06

  Fairfield County's housing market has not changed much despite lower mortgage rates, which have chopped eight of the last nine weeks, with the benchmark 30-year fixed rate falling to 5.72 percent, according to Bankrate.com. However, Penn Johnson, president of the Stamford Mortgage Co., said...

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• Creating a Sales "Dream Team": Department heads at Webster Bank form exclusive clubs of sales reps to maximize cross-sell.

  - 2005-05-01

  While many banks these days are talking about cross-selling, few have formalized their efforts to the extent that Webster Bank has. Besides revamping the team-based structure of its retail investment subsidiary last year, senior officers from several of the bank's divisions teamed up to create what...

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