Wallets/webster-bank
Webster Bank
0 standards supported
Key details
- Launch: 1935
Overview
Webster Bank is NYSE: WBS + US-based commercial bank + one of US's largest commercial banks by assets in US Northeast region + ~3M+ US Webster Bank customers + founded 1935 as First Federal Savings of Waterbury Connecticut + 2022 Sterling Bancorp ~$10.3B merger 1, United States report.
History
1935 — First Federal Savings of Waterbury Connecticut founded by Harold Webster Smith distinctive US Northeast regional banking heritage.
1995 — First Federal Savings of Waterbury rebranded as Webster Bank.
Jan 31 2022 — Webster Bank + Sterling Bancorp merger for ~$10.3B distinctive US Northeast banking consolidation.
Ownership & operator
Operating entity: Webster Financial Corporation Webster Bank (US-based commercial bank; NYSE: WBS).
Major shareholders: Vanguard + BlackRock + State Street + US + international retail + institutional + foreign investors free float.
Regulators: OCC + Federal Reserve + FDIC.
Technical integration
Webster Mobile Banking app (iOS + Android; ~3M+ US Webster Bank customers) + websterbank.com online + Webster Bank branch network across US Northeast region + Webster Visa + Mastercard cards; ACH + FedNow + Zelle.
Implementations & partners
Major US banking + payments competitors: Chase Mobile (JPMorgan Chase) (Chase Mobile; JPMorgan Chase US; NYSE: JPM) + Bank of America (Bank of America; NYSE: BAC) + Wells Fargo Mobile + Fargo virtual assistant (Wells Fargo; NYSE: WFC) + Citi Mobile (Citigroup) (Citi Mobile US; Citigroup NYSE: C) + U.S. Bank (USB) (US Bank; NYSE: USB) + PNC Bank (PNC Bank; NYSE: PNC) + Truist Bank (Truist Financial; NYSE: TFC) + Capital One Mobile (Capital One; NYSE: COF) + Citizens Bank (Citizens Financial Group) (Citizens Financial Group; NYSE: CFG) + Fifth Third Bank (Fifth Third Bank; NASDAQ: FITB) + Huntington Bank / Huntington Mobile (Huntington Bank; NASDAQ: HBAN) + KeyBank / KeyCorp (KeyBank; NYSE: KEY) + Regions Financial / Regions Mobile App (Regions Financial; NYSE: RF) + TD Bank US (America's Most Convenient Bank) (TD Bank US; TD Bank Group Canadian parent US subsidiary) + Santander US (Bank) (Santander US Bank; Banco Santander Spain Spanish parent fully owned) + M&T Bank (M&T Bank; NYSE: MTB; US Northeast + Mid-Atlantic regional bank).
Regulators: OCC + Federal Reserve + FDIC.
Status
Active, NYSE:WBS + US-based commercial bank + one of US's largest commercial banks by assets in US Northeast region + ~3M+ US Webster Bank customers + founded 1935 as First Federal Savings of Waterbury Connecticut + 2022 Sterling Bancorp ~$10.3B merger 1, 2.
Sources
- 1 Webster — official
- 2 Webster — Wikipedia
- United States report In-corpus:
reports/countries/US-united-states.md
Source
Biography extracted from webster-bank.md. See matrix.md for standards-support matrix if present.