Community Impact Month: Webster Bank Colleagues Are Making a Difference

Rhea-AI Summary

Webster Bank is celebrating its third annual Community Impact Month, recognizing the volunteer efforts of its employees. The initiative underscores Webster's commitment to community service, granting employees 16 hours of paid volunteer time to support local organizations. With $76 billion in assets, Webster operates three main lines of business: Commercial Banking, Consumer Banking, and Healthcare Financial Services. Headquartered in Stamford, CT, the bank emphasizes a values-based culture, focusing on the prosperity of local communities. Webster Bank’s core operational area spans from New York to Massachusetts, and it is an FDIC member and equal housing lender.

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• Webster Bank celebrates its third annual Community Impact Month.
• Employees receive 16 hours of paid volunteer time to support local organizations.
• Webster Bank is committed to community service and values-based culture.
• The bank has $76 billion in assets, indicating robust financial health.

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STAMFORD, CT / ACCESSWIRE / June 18, 2024 / As we approach our third annual Community Impact Month, we recognize all our colleagues who have volunteered and made a difference and continue to do so every day. Your combined efforts help the communities we serve in numerous ways and represents Webster's values-based culture.

Webster measures success not only in financial terms, but also in community impact. We believe that the success of our local communities is a shared responsibility and we strive to use our capabilities, reach and resources to make a meaningful difference.

We work to build vibrant and healthy communities through a variety of regional and local initiatives, along with key partnerships. Our colleagues have opportunities to make an impact as they share their time and skills in our communities. Webster provides all colleagues with 16 hours of paid time to volunteer at the organizations of their choice.

Webster Bank
Webster Bank ("Webster") is a leading commercial bank in the Northeast that provides a wide range of digital and traditional financial solutions across three differentiated lines of business: Commercial Banking, Consumer Banking and Healthcare Financial Services, one of the country's largest providers of employee benefits and administration of medical insurance claim settlements solutions. Headquartered in Stamford, CT, Webster is a values-driven organization with $76 billion in assets. Its core footprint spans the northeastern U.S. from New York to Massachusetts, with certain businesses operating in extended geographies. Webster Bank is a member of the FDIC and an equal housing lender. For more information about Webster, including past press releases and the latest annual report, visit the Webster website at www.websterbank.com.

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View additional multimedia and more ESG storytelling from Webster Bank on 3blmedia.com.

Contact Info:
Spokesperson: Webster Bank
Website: https://www.3blmedia.com/profiles/webster-bank
Email: info@3blmedia.com

SOURCE: Webster Bank

View the original press release on accesswire.com

FAQ

What is Webster Bank's Community Impact Month?

Webster Bank's Community Impact Month is an annual event recognizing employee volunteer efforts to support local communities.

How much paid volunteer time does Webster Bank offer its employees?

Webster Bank offers its employees 16 hours of paid volunteer time.

What are the main business lines of Webster Bank?

The main business lines of Webster Bank are Commercial Banking, Consumer Banking, and Healthcare Financial Services.

Where is Webster Bank headquartered?

Webster Bank is headquartered in Stamford, CT.

What is the asset size of Webster Bank?

Webster Bank has $76 billion in assets.