WATERBURY, Conn.--(BUSINESS WIRE)--November 1, 1999--Webster Bank today announced the availability of Webster Web Banking to all current and new customers, providing them with the convenience of quick and easy Internet banking from anywhere in the United States.
Webster Web Banking is another addition to the bank's wide array of electronic banking services, including telephone banking, video banking and PC banking. Webster Web Banking offers additional convenience over its PC Banking offering. While PC Banking customers must dial directly into the bank, Web customers have the convenience of accessing their accounts using any Web browser and Internet connection. Webster Web Banking uses the latest multi-level security to ensure the safety of customer information and transactions.
"We are pleased to offer our customers the convenience of online banking," said Peter Mulligan, executive vice president, Consumer and Small Business Banking. "We anticipate that customers will enjoy the added ease of being able to access their accounts any time, and from any place where they have access to the Internet."
Webster Web Banking is available to all current and new Webster customers, and allows them to check account balances, transfer funds and pay bills online. Customers can enroll at the bank's Web site at www.websterbank.com, or by calling Customer Service at 800-995-9995.
When its pending merger with New England Community Bancorp is complete later this year, Webster Bank will have $10 billion in assets, 125 banking offices, three commercial banking centers, and 200 ATMs, in addition to telephone banking, video banking and PC banking. Webster has the number one or number two deposit market share in its primary markets of Hartford, New Haven and Litchfield counties.
Webster is also a leading, full-service commercial lender and the second-largest mortgage lender in Connecticut. Webster Trust, the bank's trust and investment management subsidiary, is the second-largest bank trust company based in Connecticut. Webster's insurance subsidiary, Damman Insurance Associates, is one of the largest agencies in the state. Webster's Access National Mortgage subsidiary found at www.nowlending.com on the Worldwide Web, originates low-cost mortgages over the Internet for customers across the United States.