In the photo, left to right: Glenn MacInnes, CFO; Joe Savage, Executive Vice Chairman; Sumakshi Vali, Region Manager, Community Banking; Bill Lionhood, Market Manager; Nitin Mhatre, Executive Vice President, Community Banking; David Miree, Executive Vice President, Director of Consumer Deposits and WIS; Jim Smith, Chairman and CEO; John Ciulla, President; Dawn Morris, Chief Marketing Officer.

Webster Bank Cuts Ribbon On 17 New Boston Branches

Webster Bank officially cut the ribbon at all 17 of its new Boston locations yesterday morning. Speaking before a small crowd at the bank’s Harvard Square location, Chairman and CEO James C. Smith joked, “I’m getting a little nervous because already six or seven Webster bankers have told me that they’re moving to Boston,...

Boston Plans Take A Nibble Out Of Webster Q1 Profits

Webster Financial Corp. saw a slight dip in its first quarter earnings from the year-ago period, booking $46.5 million in profits compared with $46.9 million last year, but the holding company for Webster Bank cheered new deposits it credited to its recent Boston expansion, as well as double-digit loan growth. “The Boston expansion is...
Webster

Webster Bank Launches Boston Marketing Blitz

Picking up the tab for a stranger’s parking ticket might be an unconventional approach to establishing your brand in a new market, but Webster Bank is hoping those random acts of kindness will help it start off on the right foot in a new market. With its feet now firmly planted in 17 new...
Laura Alix

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,...
Jay McGuinness

First Niagara Adds Pair To Business Banking Team

First Niagara Financial Group has announced the appointments of Jay McGuinness as vice president and relationship manager for business banking and Amy Ganci as vice president for small business banking for Western Massachusetts and Northern Connecticut. In his new role, McGuinness will be responsible for managing existing clients and developing new commercial business relationships...
100 Franklin Street

Downtown Boston Office Building Sold For $48.7M

Synergy Investments has sold 100 Franklin St. in downtown Boston to Clarion Partners. Clarion paid $48.75 million for the nine-story, 124,055-square-foot downtown office and retail property. The building, situated near Post Office Square, has been restored to incorporate modern upgrades. Cushman & Wakefield team, led by President Robert Griffin, Vice Chairman Edward Maher and...