Webster Financial Corporation is a bank holding company headquartered in Waterbury, Connecticut. Its banking subsidiary is Webster Bank, which has 181 banking offices in Southern New England and eastern New York State. Webster Bank will receive $400 million as part of the federal TARP program.
In November, Webster announced that it will suspend, for ninety days, home foreclosures on mortgages it owns, joining JPMorgan Chase and Citigroup in doing so.
Financial Documents | Federal contracts | Lobbying reports
Political Contributions | Related Articles | Bank Bio Chart
2008-11-07 Webster Financial 8-K
2008-09-30 Webster Financial 10-Q
2007 Webster Financial Annual Report
No federal contracts found
Center for Responsive Politics (Last Accessed 11/18/08).
November 13, 2008 Webster Financial suspends home foreclosures CNNMoney
November 7, 2008 Webster Financial to receive $400M from government CNNMoney
November 7, 2008 Webster Approved For $400 Million From Treasury's Program Hartford Courant
October 21, 2008 Earnings roundup: Webster Financial, Gentex Forbes
Bailout Bank Bio: Webster Financial
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Federal Equity Investment |
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Total Revenue |
$1.201 billion (2007) |
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Net Income (Loss) |
$96.77 million (2007) |
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Number of Employees |
3,213 |
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Corporate Headquarters |
Waterbury, Connecticut |
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Business Sector |
Financial |
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Officers and Directors |
James C. Smith, Chairman of the Board, President, Chief Executive Officer of the Company and Webster Bank |
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Corporate Website |
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Executive Compensation |
Last Updated March 13, 2009
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