A Conversation With Webster

A few weeks ago, I had the chance to talk by phone with three of Webster Bank’s leadership team about the Waterbury, Connecticut bank’s upcoming move into Boston. I was talking to them for articles I wrote for Banker & Tradesman (as well as our sister publication, The Commercial Record) primarily about the ROI...

Webster Posts Gains In Q4, Looks To Boston With Anticipation

Webster Financial Corp. wound down 2015 with double-digit increases in loan growth and a bump in earnings, and company leadership looked toward the year ahead – and the Boston expansion in particular – with optimism. For the fourth quarter, Webster’s net income available to common shareholders totaled $50.6 million, or 55 cents per share,...

Webster Bank To Take Over Citi Branches In Early ’16

Webster Financial Corp. will beef up its Boston presence early next year when it takes over 14 branches that Citibank is vacating. The $24 billion Waterbury, Connecticut-based holding company for Webster Bank will not acquire any loans or deposits from Citi in the transaction, but Chairman and CEO Jim C. Smith said the deal...

Doing What We Do Best, But Better

A lot can happen in 150 years. Banker & Tradesman has been in print for nearly a century and a half. In that time the newspaper has told the tales of market booms and busts, covered the cutting edge of real estate trends and watched the city of Boston grow great, sink low and rise...