Webster Financial Corporation announced a reduction in its prime lending rate from 8.00 percent to 7.75 percent, effective November 8, 2024.
Company Information
Company
Webster Financial Corporation
Location
Stamford, Connecticut, United States
About
Webster Financial Corporation (NYSE:WBS) is the holding company for Webster Bank, N.A. and its HSA Bank division. Webster is a leading commercial bank in the Northeast that provides a wide range of digital and traditional financial solutions across three differentiated lines of business including: Commercial Banking, Consumer Banking and its HSA Bank division. It is a values-driven organization with more than $70 billion in assets and its core footprint spans the northeastern U.S. from New York to Massachusetts, with certain businesses operating in extended geographies.
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