Stock Report: Webster Financial Corp. (WBS) Report Updated: May 20, 2013 | Print This Page

Webster Financial Corporation operates as the holding company of Webster Bank, National Association that provides financial services to individuals, families, and businesses primarily in southern New England and Westchester County, New York. The company’s deposit products include demand deposits, checking accounts, health savings accounts, money market accounts, savings accounts, and time deposits. Its loan product portfolio comprises commercial loans, including commercial real estate loans; residential mortgage loans; small business loans; equipment financing and asset-based lending; and consumer loans comprising home equity loans and lines of credit. The company also offers cash management, asset management, trust, and financial planning services; investment and securities-related services, including brokerage and investment advice; and telephone banking, mobile banking, and Internet banking services. Webster Financial Corporation has a strategic partnership with LPL Financial. As of May 29, 2012, it operated 168 banking offices and 466 ATMs. The company was founded in 1935 and is headquartered in Waterbury, Connecticut.