Webster Financial Corp

NYSE: WBS
$44.88
-$2.29 (-4.9%)
Closing price April 23, 2024
Webster Financial Corp, headquartered in Stamford, Connecticut, is a bank holding company for Webster Bank, National Association. It offers a broad spectrum of financial services to individuals, families, and businesses. Its services include commercial real estate and equipment financing, business banking, wealth management, and consumer banking products like mortgages and credit cards. Additionally, it has a specialized HSA Bank segment providing health savings accounts and related services. Founded in 1935, Webster Financial emphasizes online and mobile banking solutions, catering to a diverse clientele across the United States.
Typical, low-yield savings accounts are slowly dying off. As consumers become more educated about their options, and better competitors enter the banking and investment markets, traditional banks...
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